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5427 West Adams Street

5427 West Adams Street, Chicago, IL 60644
Multifamily in South Austin
Sold Feb 14, 2019
$220,000
$216,015 by American Financial Resources I
Mortgage Due Mar 01, 2049
Sold Oct 22, 2015
$196,000
$146,832 by Prospect Mortgage Llc
Mortgage Due Nov 01, 2045
5427 West Adams Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5427 West Adams Street has 2,640 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 3,472 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5427 West Adams Street was last sold in Dec 12, 2018 for $220,000. According to our calculations, that's $83.33 per sqft. Prior to that sales transaction, the property was sold for $196,000 in Oct 14, 2015. Current property owners are expected to pay $5,142 in taxes per year. The property on 5427 West Adams Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,000. To break that down further, the land itself was valued at $4,514. While improvements to the property were assessed at a total of $20,486. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,472
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 2,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVID
  • Land Acres: 0.08
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: EAST3 FT LOT31 LOTS124&125 SCHOOL T RUSTEES SUB S16 T39N R13E 3P

Ownership

  • Current Owner : MCCLENDON SHERMAN D
  • Current Owner 2: GREEN RANISHA
  • Previous Owner : STEWART JENNIFER A HIGGS
  • Previous Owner 2: HIGGS JENNIFER A
  • Owner Before Previous Owner: QUAD2 PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 252102

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 018-105-03
  • District: 77
  • Parcel: 16-16-107-007-0000
  • Lot: 31
  • Meridian: SEC 16 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8781
  • Longitude: -87.7607

    Address

  • Full Address: 5427 W Adams St
  • Address - House Number: 5427
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C037
  • 4-Digit Zip Code: 4065
  • Zip Code: 60644

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,142
  • Tax Rate Code Area: 77073

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 383,184
  • High Value: 481,094
  • Low Value: 285,273

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,015
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Open Lien Mortgage Recording Date: Feb 14, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $216,015
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2049

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $45,140
  • Market Improvement Value: $204,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $4,514
  • Assessed Improvements Value: $20,486

    Sales

  • Current Sale Contract Date: Dec 12, 2018
  • Current Sale Recording Date: Feb 14, 2019
  • Current Sale Transaction ID: 11571482178
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1904542035
  • Previous Sale Recording Date: Oct 22, 2015
  • Previous Sale Contract Date: Oct 14, 2015
  • Previous Sale Amount: $196,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: Feb 14, 2019
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 22, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $146,832
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5427 West Adams Street located in?
The 5427 West Adams Street is a multifamily located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5427 West Adams Street?
The average sales price for units in 5427 West Adams Street is $0 currently.

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