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5171 West Bloomingdale Avenue

5171 West Bloomingdale Avenue, Chicago, IL 60639
Property in North Austin
Sold Sep 04, 2001
$174,000
$264,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2036
Sold Nov 07, 1995
Transfer
Local assessors in Chicago, IL have categorized 5171 West Bloomingdale Avenue as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 3,625 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5171 West Bloomingdale Avenue has a total of 2,474 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5171 West Bloomingdale Avenue sold most recently in Jul 30, 2001 for a total of $174,000. If you work out the math, that's approximately a cost of $70.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,822 in taxes each year. 5171 West Bloomingdale Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,001. If we break it down further, the land itself was valued at $5,438. Improvements to the property, however, were assessed at a total of $16,563. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,625
  • Total Building Area: 2,474
  • Gross Building Area: 2,474
  • Building Area: 2,474
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,474
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRAGIN BEING CHAS B HOSMERS
  • Land Acres: 0.083
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CRAGIN) BEING CHAS B (HOSMERS) SUB OF PT SE SEC 33-40-13

Ownership

  • Current Owner : LUGO BENITO
  • Current Owner 2: LUGO CARMEN
  • Previous Owner : COSMOPOLITAN BANK & TRUST
  • Owner Before Previous Owner: COSMOPOLITAN BANK & TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 250200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-33-412-002-0000
  • Block: 5
  • Lot: 24,23
  • Meridian: SEC 33 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.913
  • Longitude: -87.7555

    Address

  • Full Address: 5171 W Bloomingdale Ave
  • Address - House Number: 5171
  • Street Direction: W
  • Address - Street Name: Bloomingdale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 4424
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,822
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 368,448
  • High Value: 462,593
  • Low Value: 274,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 29, 2006
  • First Open Lien Mortgage Loan Amount: $264,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $220,010
  • Market Land Value: $54,380
  • Market Improvement Value: $165,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,001
  • Assessed Land Value: $5,438
  • Assessed Improvements Value: $16,563

    Sales

  • Current Sale Contract Date: Jul 30, 2001
  • Current Sale Recording Date: Sep 04, 2001
  • Current Sale Transaction ID: 1176561734
  • Current Sale Price: $174,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0010815648
  • Previous Sale Recording Date: Nov 07, 1995
  • Previous Sale Contract Date: Aug 04, 1995
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Mortgage Transaction Date: Sep 04, 2001
  • First Mortgage Loan Amount: $139,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2031

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Frequently Asked Questions

What neighborhood is 5171 West Bloomingdale Avenue located in?
The 5171 West Bloomingdale Avenue is a located in the neighborhood of North Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5171 West Bloomingdale Avenue?
The average sales price for units in 5171 West Bloomingdale Avenue is $0 currently.

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