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5439 South Talman Avenue

5439 South Talman Avenue, Chicago, IL 60632
Multifamily in Gage Park
Sold Feb 07, 2020
$118,000
$243,000 by Amres Corporation
Mortgage Due Nov 01, 2053
Sold Sep 27, 2018
Transfer
5439 South Talman Avenue in Chicago, IL was first built in 1905 and is 119 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 15 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. 5439 South Talman Avenue has 4,805 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 1,250. In total, the area measurement of the land is 4,687 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 no garage. 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 central air conditioning. As for heating, the home is utilizing a heating 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, 5439 South Talman Avenue sold most recently in Jan 21, 2020 for a total of $118,000. If you work out the math, that's approximately a cost of $24.56 per sqft. 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 $3,930 in taxes each year. 5439 South Talman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,000. If we break it down further, the land itself was valued at $3,984. Improvements to the property, however, were assessed at a total of $15,016. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 15
  • 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: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 370
  • Total Building Area: 4,805
  • Gross Building Area: 4,805
  • Building Area: 4,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,805
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HATHAWAY & ERSKINS
  • Land Acres: 0.108
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (HATHAWAY) & (ERSKINS) SUB IN SE SEC 12-38-13

Ownership

  • Current Owner : DURAN ARMA INVESTMENTS LLC
  • Previous Owner : METROPOLITAN LIFE INSURANCE COMPANY
  • Owner Before Previous Owner: COCONE SAMUEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 630500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-12-427-011-0000
  • Block: 4
  • Lot: 21
  • Meridian: SEC 12 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7944
  • Longitude: -87.6899

    Address

  • Full Address: 5439 S Talman Ave
  • Address - House Number: 5439
  • Street Direction: S
  • Address - Street Name: Talman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C012
  • 4-Digit Zip Code: 1555
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,930
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 353,701
  • High Value: 444,078
  • Low Value: 263,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,000
  • First Open Lien Mortgage Lender: AMRES CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 09, 2023
  • First Open Lien Mortgage Loan Amount: $243,000
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $39,840
  • Market Improvement Value: $150,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,984
  • Assessed Improvements Value: $15,016

    Sales

  • Current Sale Contract Date: Jan 21, 2020
  • Current Sale Recording Date: Feb 07, 2020
  • Current Sale Transaction ID: 11723761592
  • Current Sale Price: $118,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2003808032
  • Previous Sale Recording Date: Sep 27, 2018
  • Previous Sale Contract Date: Sep 05, 2018
  • Previous Sale Document Type: Sheriff's Deed

About Southwest Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5439 South Talman Avenue located in?
The 5439 South Talman Avenue is a multifamily located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5439 South Talman Avenue?
The average sales price for units in 5439 South Talman Avenue is $0 currently.

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