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5458 West Iowa Street

5458 West Iowa Street, Chicago, IL 60651
Multifamily in South Austin
Sold Dec 26, 2019
$240,000
$247,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2052
Sold Dec 31, 2018
$55,000
5458 West Iowa Street in Chicago, IL was first built in 1915 and is 109 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 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5458 West Iowa Street has 1,728 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 4,125 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. 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 stucco. 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. The property was last sold in Nov 18, 2019 for $240,000. That's $138.89 per sqft. Prior to that sales transaction, the property was also sold in Dec 28, 2018 for $55,000. 5458 West Iowa Street was last assessed in 2022. The total value of the property was assessed at $16,000. Specifically, the land the property is located on was valued at $3,919. While improvements on the property were assessed at a total of $12,081. 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 $3,291. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • 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: 4,125
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF PT OF NH SW SW SEC 04-3
  • Land Acres: 0.095
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF PT OF NH SW SW SEC 04-39-13

Ownership

  • Current Owner : ARANDA FREDDY
  • Current Owner 2: ARANDA RUBY E
  • Previous Owner : FORCER III LLC
  • Owner Before Previous Owner: NEW TAMPS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 251200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-04-319-024-0000
  • Block: 6
  • Lot: 17
  • Meridian: SEC 04 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8969
  • Longitude: -87.763

    Address

  • Full Address: 5458 W Iowa St
  • Address - House Number: 5458
  • Street Direction: W
  • Address - Street Name: Iowa
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 2851
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,291
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 28, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $247,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $39,190
  • Market Improvement Value: $120,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,000
  • Assessed Land Value: $3,919
  • Assessed Improvements Value: $12,081

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Dec 26, 2019
  • Current Sale Transaction ID: 11712150135
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1936008051
  • Previous Sale Recording Date: Dec 31, 2018
  • Previous Sale Contract Date: Dec 28, 2018
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 26, 2019
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



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Nearby Rentals

Unit for rent at

$2,295 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,750 ft²
Listing by Nathalie Apteker

Frequently Asked Questions

What neighborhood is 5458 West Iowa Street located in?
The 5458 West Iowa Street is a multifamily located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5458 West Iowa Street?
The average sales price for units in 5458 West Iowa Street is $264,900 currently.

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