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5437 West Monroe Street

5437 West Monroe Street, Chicago, IL 60644
Multifamily in South Austin
5437 West Monroe 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 3 floors. There are a total of 18 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5437 West Monroe Street has 4,629 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. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 4,650 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 hot water heating system. The property was last sold in Mar 23, 2022 for $510,000. That's $110.17 per sqft. Prior to that sales transaction, the property was also sold in Mar 23, 2022 for $510,000. 5437 West Monroe Street was last assessed in 2023. The total value of the property was assessed at $29,000. Specifically, the land the property is located on was valued at $6,045. While improvements on the property were assessed at a total of $22,955. 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 $5,965. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211126
11/26/2021
9 Bed
-
-
$525,000
bedrooms
9 Bed
bathrooms
-
-
-
-
Wilfredo Aguilar Jr
Compass
20190809
08/09/2019
9 Bed
-
-
$435,000
bedrooms
9 Bed
bathrooms
-
$425,000 -2.30%
10/31/2019
William Mikel

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,650
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 370
  • Total Building Area: 4,629
  • Gross Building Area: 4,629
  • Building Area: 4,629
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,629
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHOOL TRUSTEES SUB
  • Land Acres: 0.107
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF LT 128 OF SCHOOL TRUSTEES SUB OF N O F PT SEC 16-39-13

Ownership

  • Current Owner : NELSON REAL ESTATE LLC
  • Previous Owner : PANAHI DAMON
  • Previous Owner 2: JAVADI-DOODRAN TANNAZ
  • Owner Before Previous Owner: PANAHI DAMON
  • Owner Before Previous Owner 2: PANAHI TANNAZ
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 018-105-02
  • District: 77
  • Parcel: 16-16-104-005-0000
  • Lot: 128
  • Meridian: SEC 16 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8791
  • Longitude: -87.7611

    Address

  • Full Address: 5437 W Monroe St
  • Address - House Number: 5437
  • Street Direction: W
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C022
  • 4-Digit Zip Code: 4680
  • Zip Code: 60644

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,965
  • Tax Rate Code Area: 77073

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 402,840
  • High Value: 505,773
  • Low Value: 299,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,500
  • First Open Lien Mortgage Lender: CHANGE LENDING LLC
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $382,500
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $60,450
  • Market Improvement Value: $229,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $6,045
  • Assessed Improvements Value: $22,955

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Transaction ID: 11889919233
  • Current Sale Price: $510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2210446106
  • Previous Sale Recording Date: Apr 14, 2022
  • Previous Sale Contract Date: Mar 23, 2022
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHANGE LENDING LLC
  • Previous Mortgage Transaction Date: Apr 14, 2022
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $382,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2052

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5437 West Monroe Street located in?
The 5437 West Monroe Street is a multifamily located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5437 West Monroe Street?
The average sales price for units in 5437 West Monroe Street is $435,000 currently.

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