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5201 South Artesian Avenue

5201 South Artesian Avenue, Chicago, IL 60632
Multifamily in Gage Park
Sold Mar 28, 2019
$150,000
$301,000 by Crosscountry Mortgage Llc
Mortgage Due Dec 01, 2052
Sold Nov 05, 2015
Transfer
5201 South Artesian Avenue in Chicago, IL was first built in 1930 and is 94 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 15 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 5201 South Artesian Avenue has 4,667 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,725 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. The property was last sold in Jan 18, 2019 for $150,000. That's $32.14 per sqft. 5201 South Artesian Avenue was last assessed in 2023. The total value of the property was assessed at $20,000. Specifically, the land the property is located on was valued at $2,316. While improvements on the property were assessed at a total of $17,684. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,137. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 9
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 5
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,725
  • Total Building Area: 4,667
  • Gross Building Area: 4,667
  • Building Area: 4,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENNEDYS PARK
  • Land Acres: 0.063
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: D J (KENNEDYS)(PARK) ADD SUB EX 5 ACS IN SE CORNER OF EH SE SEC 12-38-13

Ownership

  • Current Owner : COURTS ANTWON L
  • Current Owner 2: COURTS SHARON A
  • Previous Owner : US BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: PEREZ JOSE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-12-415-001-0000
  • Lot: 569
  • Meridian: SEC 12 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7992
  • Longitude: -87.6851

    Address

  • Full Address: 5201 S Artesian Ave
  • Address - House Number: 5201
  • Street Direction: S
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,137
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 358,615
  • High Value: 450,248
  • Low Value: 266,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 28, 2022
  • First Open Lien Mortgage Loan Amount: $301,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $23,160
  • Market Improvement Value: $176,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $2,316
  • Assessed Improvements Value: $17,684

    Sales

  • Current Sale Contract Date: Jan 18, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Transaction ID: 11592508012
  • Current Sale Price: $150,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1908706149
  • Previous Sale Recording Date: Nov 05, 2015
  • Previous Sale Contract Date: Sep 30, 2015
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Mar 28, 2019
  • First Mortgage Loan Amount: $246,571
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

About Southwest Side



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Frequently Asked Questions

What neighborhood is 5201 South Artesian Avenue located in?
The 5201 South Artesian Avenue is a multifamily located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5201 South Artesian Avenue?
The average sales price for units in 5201 South Artesian Avenue is $0 currently.

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