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5363 Lincoln Avenue

5363 Lincoln Avenue, Skokie, IL 60077
Property in Skokie
5363 Lincoln Avenue has been categorized by the local assessors in Skokie, IL as a commercial type of property. The building on the property was first built in 1969 and is 55 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5363 Lincoln Avenue has 2,400 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 10,156 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. 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, 5363 Lincoln Avenue sold most recently in Dec 16, 2020 for a total of $485,000. If you work out the math, that's approximately a cost of $202.08 per sqft. Before that, the property was also sold for $960,000 in Aug 14, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $34,754 in taxes each year. 5363 Lincoln Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $111,493. If we break it down further, the land itself was valued at $35,546. Improvements to the property, however, were assessed at a total of $75,947. 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. 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!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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,156
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: DUNAS SECOND TERMINAL
  • Land Acres: 0.233
  • Standard Land Use Code: Commercial building
  • Legal Description 1: ARTHUR (DUNAS)(SECOND)(TERMINAL) SUB OF SUBLOTS 4&5 I N SUB OF LTS 1 5-6 IN SUB IN WH SEC 21-41-13

Ownership

  • Current Owner : PASS 5363 LLC
  • Previous Owner : TRATNER KENNETH
  • Previous Owner 2: CHAYES LINDA
  • Owner Before Previous Owner: SCHWAB JOHN S
  • Owner Before Previous Owner 2: HELLER RICHARD J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Niles Township Community High School District 219
  • Census Tract: 808302

Geography

  • District: 24
  • Parcel: 10-21-131-065-0000
  • Block: 1
  • Lot: 1
  • Meridian: SEC 21 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0341
  • Longitude: -87.7619

    Address

  • Full Address: 5363 Lincoln Ave
  • Address - House Number: 5363
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Skokie
  • Carrier Code: C049
  • 4-Digit Zip Code: 2013
  • Zip Code: 60077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,754
  • Tax Rate Code Area: 24026

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: WINTRUST BANK NA
  • First Open Lien Mortgage Recording Date: Jan 21, 2021
  • First Open Lien Mortgage Loan Amount: $388,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $445,972
  • Market Land Value: $142,184
  • Market Improvement Value: $303,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,493
  • Assessed Land Value: $35,546
  • Assessed Improvements Value: $75,947

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Transaction ID: 11814316964
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2102106283
  • Previous Sale Recording Date: Aug 25, 2014
  • Previous Sale Contract Date: Aug 14, 2014
  • Previous Sale Amount: $960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST BANK NA
  • First Mortgage Transaction Date: Jan 21, 2021
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Skokie



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Frequently Asked Questions

What neighborhood is 5363 Lincoln Avenue located in?
The 5363 Lincoln Avenue is a located in the neighborhood of Skokie in Skokie, Skokie.
What is the average sales price for listings in 5363 Lincoln Avenue?
The average sales price for units in 5363 Lincoln Avenue is $0 currently.

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