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5258 West Polk Street

5258 West Polk Street, Chicago, IL 60644
Property in Lawndale
Sold Oct 25, 2010
Transfer
$32,800 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2041
Sold Apr 29, 2002
$103,000
$101,408 by Money Tree Mtg Company
Mortgage Due Mar 01, 2032
5258 West Polk 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 1966 and is 58 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5258 West Polk Street has 950 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 is one available parking space. 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Prior to that sales transaction, the property was also sold in Feb 27, 2002 for $103,000. 5258 West Polk Street 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 $4,030. While improvements on the property were assessed at a total of $15,970. 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 $2,847. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 950
  • Gross Building Area: 950
  • Building Area: 950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MACLEAN & VANDERCOOKS
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : THE SECRETARY OF HOUSING & URBAN DEVELOP
  • Previous Owner : KINNARD BRANDON
  • Owner Before Previous Owner: DARDEN BELKNAP F
  • Owner Before Previous Owner 2: DARDEN EDNA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jul 06, 2020
  • District: 77
  • Parcel: 16-16-308-029-0000
  • Lot: 2
  • Meridian: SEC 16 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8705
  • Longitude: -87.7571

    Address

  • Full Address: 5258 W Polk St
  • Address - House Number: 5258
  • Street Direction: W
  • Address - Street Name: Polk
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 5252
  • Zip Code: 60644

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,847
  • Tax Rate Code Area: 77073

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 245,731
  • High Value: 310,869
  • Low Value: 180,593

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,800
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 31, 2011
  • First Open Lien Mortgage Loan Amount: $32,800
  • 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: Apr 01, 2041

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $40,300
  • Market Improvement Value: $159,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,030
  • Assessed Improvements Value: $15,970

    Sales

  • Current Sale Contract Date: Dec 14, 2009
  • Current Sale Recording Date: Oct 25, 2010
  • Current Sale Transaction ID: 1073228887
  • Current Sale Document Type: Legal Action/Court Order
  • Current Sale Input Document Number: 1029829028
  • Previous Sale Recording Date: Apr 29, 2002
  • Previous Sale Contract Date: Feb 27, 2002
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MONEY TREE MTG COMPANY
  • Previous Mortgage Transaction Date: Apr 29, 2002
  • Previous Mortgage Loan Amount: $101,408
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2032

About West Side



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Frequently Asked Questions

What neighborhood is 5258 West Polk Street located in?
The 5258 West Polk Street is a located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 5258 West Polk Street?
The average sales price for units in 5258 West Polk Street is $0 currently.

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