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5218 South Parkside Avenue

5218 South Parkside Avenue, Chicago, IL 60638
Property in Garfield Ridge
Sold Jan 11, 2021
$240,000
$235,653 by Cibc Bank Usa
Mortgage Due Sep 01, 2050
Sold Nov 01, 2011
Transfer
$111,100 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2041
5218 South Parkside Avenue in Chicago, IL was first built in 1941 and is 83 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 unknown. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5218 South Parkside Avenue has 1,031 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. The linear feet across the front of the lot is 330 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 4,125 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a above ground pool on the property. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There is one available parking space. 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 heating system. The property was last sold in Aug 10, 2020 for $240,000. That's $232.78 per sqft. 5218 South Parkside Avenue was last assessed in 2023. The total value of the property was assessed at $22,000. Specifically, the land the property is located on was valued at $5,156. While improvements on the property were assessed at a total of $16,844. 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 $4,525. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 4,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,031
  • Gross Building Area: 1,031
  • Building Area: 1,031
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,031
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CRANE ARCHER AVE HOME ADD TO CHICAGO
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CRANE) (ARCHER) AVE (HOME) ADD TO (CHICAGO) SUB IN S E SEC 8-38-13 LYING NLY OF CENTER LINE OF ARCHER AVE SEC 08-38-13

Ownership

  • Current Owner : OLIVO KENNETH
  • Previous Owner : PENNELL ERIC JASON
  • Previous Owner 2: ORTEGA CHRISTINA
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 560800

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-7-06
  • District: 72
  • Parcel: 19-08-414-086-0000
  • Block: 15
  • Lot: 7,8
  • Meridian: SEC 08 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7976
  • Longitude: -87.7639

    Address

  • Full Address: 5218 S Parkside Ave
  • Address - House Number: 5218
  • Street Direction: S
  • Address - Street Name: Parkside
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C057
  • 4-Digit Zip Code: 1524
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,525
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 312,937
  • High Value: 390,962
  • Low Value: 234,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: CIBC BANK USA
  • First Open Lien Mortgage Recording Date: Jan 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $235,653
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $51,560
  • Market Improvement Value: $168,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $5,156
  • Assessed Improvements Value: $16,844

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Transaction ID: 11812017127
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2101106131
  • Previous Sale Recording Date: Nov 01, 2011
  • Previous Sale Contract Date: Oct 14, 2011
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBC BANK USA
  • First Mortgage Transaction Date: Jan 11, 2021
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 01, 2011
  • Previous Mortgage Loan Amount: $111,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2041

About Southwest Side



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$1,350 /mo

  • 1 Bed
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5500 W 55th Street #6, Chicago, IL, 60638 Listing by Anthony Provinzino

Frequently Asked Questions

What neighborhood is 5218 South Parkside Avenue located in?
The 5218 South Parkside Avenue is a located in the neighborhood of Garfield Ridge in Southwest Side, Chicago.
What is the average sales price for listings in 5218 South Parkside Avenue?
The average sales price for units in 5218 South Parkside Avenue is $0 currently.

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