5337 South Cottage Grove Avenue
5337 South Cottage Grove Avenue, Chicago, IL 60615
Property
in
Hyde Park
Sold Dec 23, 2016
$17,250,000
Buyer
$16,089,000
by Berkeley Point Capital Llc
Mortgage Due Nov 01, 2031
Sold Oct 09, 2015
$14,250,000
Seller
5337 South Cottage Grove Avenue in Chicago, IL was first built in 1969 and is 55 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 style.
There are a total of 2 floors.
In total, the area measurement of the land is 45,738 square feet.
Learn more about the property and building on this page. The property was last sold in Oct 14, 2016 for $17,250,000. Prior to that sales transaction, the property was also sold in Oct 9, 2015 for $14,250,000. 5337 South Cottage Grove Avenue was last assessed in 2023. The total value of the property was assessed at $398,137. Specifically, the land the property is located on was valued at $41,256. While improvements on the property were assessed at a total of $356,881. 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 $81,889. 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.
Learn more about the property and building on this page. The property was last sold in Oct 14, 2016 for $17,250,000. Prior to that sales transaction, the property was also sold in Oct 9, 2015 for $14,250,000. 5337 South Cottage Grove Avenue was last assessed in 2023. The total value of the property was assessed at $398,137. Specifically, the land the property is located on was valued at $41,256. While improvements on the property were assessed at a total of $356,881. 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 $81,889. 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
Building
Neighborhood
Zoning
Geography
About Far South Chicago
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