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5510 West Chicago Avenue

5510 West Chicago Avenue, Chicago, IL 60651
Commercial in South Austin
5510 West Chicago Avenue 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 2008 and is 16 years old. The home has a total of 8 rooms. 3 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, 5510 West Chicago Avenue has 3,072 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 3,049 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 no garage for those who require parking. 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 slate. 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. The property was last sold in Sep 13, 2021 for $110,000. That's $35.81 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 2005 for $207,000. 5510 West Chicago Avenue was last assessed in 2023. The total value of the property was assessed at $20,000. Specifically, the land the property is located on was valued at $2,897. While improvements on the property were assessed at a total of $17,103. 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 $4,802. The initial tax year of delinquency was in 2021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211118
11/18/2021
Loft
-
-
$109,000
bedrooms
Loft
bathrooms
-
-
-
-
Michael Olszewski
Area Wide Realty

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: Slate
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 3,072
  • Gross Building Area: 3,072
  • Building Area: 3,072
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.07
  • Standard Land Use Code: Misc Residential improvement

Ownership

  • Current Owner : 5510 LLC
  • Previous Owner : COMMUNITY LOAN SERVICING LLC
  • Owner Before Previous Owner: INSPIRATIONAL DELIVERANCE CENTER CHURCH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: B3-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-04-326-014-0000
  • Municipality: WEST CHICAGO
  • Latitude: 41.8951
  • Longitude: -87.7642

    Address

  • Full Address: 5510 W Chicago Ave
  • Address - House Number: 5510
  • Street Direction: W
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 2726
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,802
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77098

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $28,970
  • Market Improvement Value: $171,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $2,897
  • Assessed Improvements Value: $17,103

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Transaction ID: 11887189390
  • Current Sale Price: $110,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2203107244
  • Previous Sale Recording Date: May 24, 2005
  • Previous Sale Contract Date: Apr 28, 2005
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: May 24, 2005
  • Previous Mortgage Loan Amount: $165,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2035

About Northwest Side



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Nearby Rentals

Unit for rent at

$950 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
Listing by Faith Washington
Unit for rent at

$900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
Listing by Manager
Unit for rent at

$1,000 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
Listing by Manager
Unit for rent at

$1,000 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
Listing by Manager
Unit for rent at

$935 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
Listing by Manager
Unit for rent at

$900 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5510 West Chicago Avenue located in?
The 5510 West Chicago Avenue is a commercial located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5510 West Chicago Avenue?
The average sales price for units in 5510 West Chicago Avenue is $0 currently.

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