See Home Value
$315,000 - $383,000
House - Off Market

53 Chicago Avenue

Oak Park, IL 60302
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2134 Sqft
Sold Jan 18, 2024
$329,000
$344,200 by Lendinghome Funding Corp
Mortgage
Sold Jun 25, 2019
$440,000
$408,500 by Tvc Funding I Llc
Mortgage

About This Property

Tremendous opportunity to add instant sweat equity to this sprawling single family home!  This 4-bed, 4-bath home offers a large living room; open kitchen with stainless appliance and loads of storage and counter space; hardwood flooring; spacious bedrooms; a full basement; and detached 2-car garage.  Sold as-is.  No survey.  Must take subject to any municipal requirements.

The manager has listed the unit size as 2134 square feet.
Unit Size
2,134Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$164
Property Type
House
Property Taxes
$1,227
HOA Dues
-
Year Built
1903

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold $329,000
Sold
Jan 14, 2024 No longer available -
No longer available
Dec 20, 2023 In contract -
In contract
Dec 4, 2023 Relisted $379,900
Relisted
Dec 4, 2023 Price Decreased $349,900
↓ $30K (7.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,874
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,134
  • Gross Building Area: 2,134
  • Building Area: 2,134
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,134
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF RIDGELAND SUB
  • Land Acres: 0.089
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE OF (RIDGELAND) SUB OF EH EH SEC 7 NW & WH WH SW SEC 8 SEC 08-39-13

Ownership

  • Current Owner : 53 CHICAGO LLC
  • Previous Owner : TVC FUNDING IV REO LLC
  • Owner Before Previous Owner: R E TEAM INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812500

Geography

  • District: 27
  • Parcel: 16-08-104-004-0000
  • Block: 2
  • Lot: 5
  • Meridian: SEC 08 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8944
  • Longitude: -87.7778

    Address

  • Full Address: 53 Chicago Ave
  • Address - House Number: 53
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C019
  • 4-Digit Zip Code: 4768
  • Zip Code: 60302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,104
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 363,894
  • High Value: 400,686
  • Low Value: 327,101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $344,200
  • First Open Lien Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Open Lien Mortgage Recording Date: Dec 09, 2015
  • First Open Lien Mortgage Loan Amount: $344,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $480,000
  • Market Land Value: $50,360
  • Market Improvement Value: $429,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,000
  • Assessed Land Value: $5,036
  • Assessed Improvements Value: $42,964

    Sales

  • Current Sale Contract Date: Jan 08, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Transaction ID: 11919361424
  • Current Sale Price: $329,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 13050
  • Previous Sale Recording Date: Jun 25, 2019
  • Previous Sale Contract Date: May 21, 2019
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TVC FUNDING I LLC
  • Previous Mortgage Transaction Date: Jun 25, 2019
  • Previous Mortgage Loan Amount: $408,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
1,232 ft²
$252/ft²
$311,000 Dec 13, 2023
-
$274/mo
House
3 Beds
1.5 Baths
-
$385,000 Oct 30, 2023
-
$1,060/mo
Multifamily
4 Beds
-
-
$389,000 Oct 24, 2023
-
$237/mo
Multifamily
5 Beds
-
-
$378,500 Oct 3, 2023
-
$369/mo
Multifamily
8 Beds
-
-
$335,000 Jul 10, 2023
-
$163/mo
Commercial
Loft
-
-
$399,000 Sep 16, 2022
-
$351/mo

About Oak Park


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Frequently Asked Questions

When was property at 53 Chicago Avenue built and last sold?
The property at 53 Chicago Avenue was built in 1903 and last sold on Jan 8, 2024 for $329,000.
How much is this home worth?
The estimated value of the home located at 53 Chicago Avenue is $397,243.
What are some comparable homes to 53 Chicago Avenue?
Homes that are comparable to 53 Chicago Avenue include a house property at 915 North Menard Avenue, a multifamily property at 5523 West Huron Street, a house property at 1120 North Lombard Avenue.

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