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5243 South Seeley Avenue

5243 South Seeley Avenue, Chicago, IL 60609
Sold Sep 10, 2018
$187,500
$184,103 by Peoples Home Equity Inc
Mortgage Due Sep 01, 2048
Sold Oct 16, 2007
Transfer
Local assessors in Chicago, IL have categorized 5243 South Seeley Avenue as a residential type of property. The home was built in 1918 and is 106 years old. The property's lot size has been calculated to be 3,332 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. 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 16 rooms in the home. Of these, 8 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 4 full bathrooms. There are also 4 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 5243 South Seeley Avenue has a total of 3,122 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 frame 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 wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 31, 2018 for $187,500. That's $60.06 per sqft. 5243 South Seeley Avenue was last assessed in 2022. The total value of the property was assessed at $12,000. Specifically, the land the property is located on was valued at $2,166. While improvements on the property were assessed at a total of $9,834. 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 $2,482. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,332
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,122
  • Gross Building Area: 3,122
  • Building Area: 3,122
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,122
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RUDOLPH VACEKS SUB
  • Land Acres: 0.077
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (RESUBDIVISION) OF LTS 57-73 IN RUDOLPH VACEKS SUB OF LTS 13 & 16 EX W 154 FT OF IGLEHARTS SUB OF SW SEC 07-38-14

Ownership

  • Current Owner : GOMEZ SALVADOR
  • Previous Owner : BENITEZ FLORENTINO
  • Previous Owner 2: GUTIERREZ PATRICIA PEDROZA
  • Owner Before Previous Owner: RODRIGUEZ RUBEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 611600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-07-311-004-0000
  • Lot: 13,16
  • Meridian: SEC 07 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7977
  • Longitude: -87.6765

    Address

  • Full Address: 5243 S Hoyne Ave
  • Address - House Number: 5243
  • Street Direction: S
  • Address - Street Name: Hoyne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C057
  • 4-Digit Zip Code: 5509
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,482
  • Tax Rate Code Area: 72014

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,103
  • First Open Lien Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Open Lien Mortgage Recording Date: Sep 10, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $184,103
  • 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, 2048

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $21,660
  • Market Improvement Value: $98,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,000
  • Assessed Land Value: $2,166
  • Assessed Improvements Value: $9,834

    Sales

  • Current Sale Contract Date: Aug 31, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11505789391
  • Current Sale Price: $187,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1825333161
  • Previous Sale Recording Date: Oct 16, 2007
  • Previous Sale Contract Date: Oct 01, 2007
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $184,103
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5243 South Seeley Avenue located in?
The 5243 South Seeley Avenue is a land located in the neighborhood of Back of the Yards in Southwest Side, Chicago.
What is the average sales price for listings in 5243 South Seeley Avenue?
The average sales price for units in 5243 South Seeley Avenue is $0 currently.

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