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5424 West Cortland Street

5424 West Cortland Street, Chicago, IL 60639
Property in North Austin
Sold Sep 06, 2006
$365,000
$292,000 by Washington Mutual Bank
Mortgage Due Sep 01, 2046
Sold Nov 27, 2001
$165,000
$162,451 by Abn Amro Mtg Group Inc
Mortgage Due Nov 01, 2031
5424 West Cortland Street in Chicago, IL was first built in 1927 and is 97 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 multifamily style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5424 West Cortland Street has 2,248 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5424 West Cortland Street was last sold in Sep 1, 2006 for $365,000. According to our calculations, that's $162.37 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Oct 9, 2001. Current property owners are expected to pay $3,616 in taxes per year. The property on 5424 West Cortland Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,000. To break that down further, the land itself was valued at $5,625. While improvements to the property were assessed at a total of $15,375. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 2,248
  • Gross Building Area: 2,248
  • Building Area: 2,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLS & SONS NORTH AVE & CENTRAL
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MILLS) & SONS (NORTH) AVE & (CENTRAL) AVE SUB IN SW SEC 33-40-13

Ownership

  • Current Owner : GOMEZ RUBEN
  • Current Owner 2: ALVAREZ NANCY
  • Previous Owner : PULIDO RAYMUNDO
  • Previous Owner 2: BARRERA LINA
  • Owner Before Previous Owner: SMITH WILLIE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 250300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 021-70-2A
  • District: 71
  • Parcel: 13-33-302-023-0000
  • Block: 1
  • Lot: 8
  • Meridian: SEC 33 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9147
  • Longitude: -87.7618

    Address

  • Full Address: 5424 W Cortland St
  • Address - House Number: 5424
  • Street Direction: W
  • Address - Street Name: Cortland
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 4229
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,616
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 363,529
  • High Value: 456,417
  • Low Value: 270,640

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $365,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Sep 06, 2006
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $292,000
  • First Open Lien Mortgage Term: 479
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046
  • Second Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • Second Open Lien Mortgage Recording Date: Sep 06, 2006
  • Second Open Lien Mortgage Loan Amount: $73,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $56,250
  • Market Improvement Value: $153,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $5,625
  • Assessed Improvements Value: $15,375

    Sales

  • Current Sale Contract Date: Sep 01, 2006
  • Current Sale Recording Date: Sep 06, 2006
  • Current Sale Transaction ID: 1073188154
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0624926117
  • Previous Sale Recording Date: Nov 27, 2001
  • Previous Sale Contract Date: Oct 09, 2001
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Sep 06, 2006
  • First Mortgage Loan Amount: $292,000
  • First Mortgage Terms: 479
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MTG GROUP INC
  • Previous Mortgage Transaction Date: Nov 27, 2001
  • Previous Mortgage Loan Amount: $162,451
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2031

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5424 West Cortland Street located in?
The 5424 West Cortland Street is a located in the neighborhood of North Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5424 West Cortland Street?
The average sales price for units in 5424 West Cortland Street is $0 currently.

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