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54 South Chicago Avenue

54 South Chicago Avenue, Mundelein, IL 60060
Property in Lakewood Heights
Sold Aug 06, 2018
$205,900
$195,605 by Peoples Home Equity Inc
Mortgage Due Aug 01, 2048
Sold Apr 19, 2011
$179,000
$129,500 by Wells Fargo Bank Na
Mortgage Due May 01, 2041
Local assessors in Mundelein, IL have categorized 54 South Chicago Avenue as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 9,557 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 54 South Chicago Avenue has a total of 1,148 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling 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, 54 South Chicago Avenue sold most recently in Jul 18, 2018 for a total of $205,900. If you work out the math, that's approximately a cost of $179.36 per sqft. Before that, the property was also sold for $179,000 in Apr 8, 2011. 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 $6,856 in taxes each year. 54 South Chicago Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $77,553. If we break it down further, the land itself was valued at $16,902. Improvements to the property, however, were assessed at a total of $60,651. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,557
  • Total Building Area: 1,148
  • Gross Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,148
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD HEIGHTS
  • Land Acres: 0.219
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKEWOOD HEIGHTS LOT 411

Ownership

  • Current Owner : BARRERA ARIK
  • Current Owner 2: ESTRADA ELIZABETH
  • Previous Owner : MAURIELLO MICHAEL M
  • Previous Owner 2: MAURIELLO LONDA JOY
  • Owner Before Previous Owner: ACCURATE GROUP SETTLEMENT SERVICES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864002

Geography

  • District: LIBERTYVILLE
  • Parcel: 11-30-315-001
  • Lot: 411
  • Municipality: TWP OF LIBERTYVILLE
  • Latitude: 42.2616
  • Longitude: -87.9951

    Address

  • Full Address: 54 S Chicago Ave
  • Address - House Number: 54
  • Street Direction: S
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Mundelein
  • Carrier Code: C001
  • 4-Digit Zip Code: 2968
  • Zip Code: 60060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,856
  • Tax Rate Code Area: 11070

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 293,058
  • High Value: 346,472
  • Low Value: 239,645

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,605
  • First Open Lien Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Open Lien Mortgage Recording Date: Aug 06, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $195,605
  • 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: Aug 01, 2048

    Market Valuation

  • Market Total Value: $232,682
  • Market Land Value: $50,711
  • Market Improvement Value: $181,971

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,553
  • Assessed Land Value: $16,902
  • Assessed Improvements Value: $60,651

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2018
  • Current Sale Recording Date: Aug 06, 2018
  • Current Sale Transaction ID: 11491074637
  • Current Sale Price: $205,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7503516
  • Previous Sale Recording Date: Apr 19, 2011
  • Previous Sale Contract Date: Apr 08, 2011
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Aug 06, 2018
  • First Mortgage Loan Amount: $195,605
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 19, 2011
  • Previous Mortgage Loan Amount: $129,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041

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Frequently Asked Questions

What neighborhood is 54 South Chicago Avenue located in?
The 54 South Chicago Avenue is a located in the neighborhood of Lakewood Heights in Lakewood Heights, Mundelein.
What is the average sales price for listings in 54 South Chicago Avenue?
The average sales price for units in 54 South Chicago Avenue is $0 currently.

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