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5248 West Quincy Street

5248 West Quincy Street, Chicago, IL 60644
Sold Sep 17, 2021
$120,000
$108,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2051
5248 West Quincy Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1890 and is 134 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5248 West Quincy Street has 1,025 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,968 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 5248 West Quincy Street sold most recently in Sep 8, 2021 for a total of $120,000. If you work out the math, that's approximately a cost of $117.07 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 $3,291 in taxes each year. 5248 West Quincy Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,000. If we break it down further, the land itself was valued at $5,158. Improvements to the property, however, were assessed at a total of $10,842. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,968
  • Total Building Area: 1,025
  • Gross Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,025
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHOOL TRUSTEES SUB
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF LT 91 & PT LT 70 LYING W OF ROBINSON AVE IN SCHOOL TRUSTEES SUB OF N OF PT SEC 16-39-13

Ownership

  • Current Owner : RANDLE VERONICA
  • Previous Owner : CALHOUN MARY
  • Previous Owner 2: LOVE ROBBIE

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 252102

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 018-106-07
  • District: 77
  • Parcel: 16-16-108-021-0000
  • Lot: 70,91
  • Meridian: SEC 16 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8777
  • Longitude: -87.7569

    Address

  • Full Address: 5248 W Quincy St
  • Address - House Number: 5248
  • Street Direction: W
  • Address - Street Name: Quincy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C037
  • 4-Digit Zip Code: 4337
  • Zip Code: 60644

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,291
  • Tax Rate Code Area: 77073

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 196,107
  • High Value: 215,935
  • Low Value: 176,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Loan Amount: $108,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $51,580
  • Market Improvement Value: $108,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $5,158
  • Assessed Improvements Value: $10,842

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11856787371
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2126007444

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5248 West Quincy Street located in?
The 5248 West Quincy Street is a house located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5248 West Quincy Street?
The average sales price for units in 5248 West Quincy Street is $110,000 , or $105/sqft. currently.

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