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5516 West Higgins Avenue

5516 West Higgins Avenue, Chicago, IL 60630
1 Units For Sale
Unit for sale at 5516 W Higgins Avenue, Chicago, IL 60630

$149,000

  • 1 Bed
  • 1 Bath
  • 900 ft²
5516 W Higgins Avenue #2SE, Chicago, IL 60630 Listing by German Llanos

5516 West Higgins Avenue is a condo located in Jefferson Park, Chicago. The building was first built in 1963 and is 61 years old. In total, 5516 West Higgins Avenue has a total floor area of 9,078 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 4 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 71 days and tend to sell below the original asking price of $137,450 by 1.08%. The transaction that took the longest to complete was unit 1SW, listed on Apr 21, 2021 for $135,000. This particular unit ultimately sold 85 days later for $132,000. The most recent transaction was for unit 1SW, which was first advertised on Apr 21, 2021, sold for $132,000 on Jul 15, 2021. Fun fact, the oldest transaction we have on record took place on Jun 17, 2005. See the full transaction history for 5516 West Higgins Avenue below.

Jefferson Park, where 5516 West Higgins Avenue is located, has a median asking price of $209,999 for condo buildings. Meanwhile, the building itself has a median asking price of $137,450. For interested buyers, that means the building's median asking price is around 0.35% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $149,000. It is a 900 sqft 1-bedroom and 1-bathroom unit.

Building Features

Exterior

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

9 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230829 Unit 2NW
08/29/2023
2NW
1 Bed
1 Bath
-
$155,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Alonso Guzman
Homesmart Connect LLC
20221209 Unit 2NE
12/09/2022
2NE
1 Bed
1 Bath
-
$139,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Monika Luterek
RE/MAX City
20220405 Unit 2NW
04/05/2022
2NW
1 Bed
1 Bath
-
$124,500
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Oresta Mykhashula
Chicagoland Brokers, Inc.
20220303 Unit GNE
03/03/2022
GNE
1 Bed
1 Bath
-
$118,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Frank Scalise
Hs Realty Partners
20210421 Unit 1SW
04/21/2021
1SW
1 Bed
1 Bath
-
$135,000
bedrooms
1 Bed
bathrooms
1 Bath
$132,000 -2.22%
07/15/2021
Monika Luterek
RE/MAX City
20210421 Unit 1NE
04/21/2021
1NE
1 Bed
1 Bath
-
$139,900
bedrooms
1 Bed
bathrooms
1 Bath
$140,000 +0.07%
06/17/2021
Monika Luterek
20200312 Unit 2NW
03/12/2020
2NW
1 Bed
1 Bath
-
$134,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
-
20190411 Unit GSW
04/11/2019
GSW
2 Bed
1 Bath
1400 ft²
$139,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1400 ft²
-
-
-
-
20180823 Unit GSW
08/23/2018
GSW
2 Bed
1 Bath
1400 ft²
-
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1400 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Condo
  • Living Units: 11
  • Business/Commerical Units Count: 45
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 9,078
  • Gross Building Area: 9,078
  • Building Area: 9,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 9,078
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5516 WEST HIGGINS CONDO
  • Land Acres: 0.172
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SUAREZ JEROME
  • Previous Owner : COMMUNITY SVGS BANK
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 110502

Zoning

  • Zoning: RT-4

Geography

  • District: 71
  • Parcel: 13-09-317-035-1001
  • Meridian: SEC 09 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9701
  • Longitude: -87.7656

    Address

  • Full Address: 5516 W Higgins Ave
  • Address - House Number: 5516
  • Street Direction: W
  • Address - Street Name: Higgins
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C024
  • 4-Digit Zip Code: 2122
  • Zip Code: 60630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 147,971
  • High Value: 181,759
  • Low Value: 114,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,800
  • First Open Lien Mortgage Lender: DITECH FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $105,800
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $16,370
  • Market Improvement Value: $93,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $1,637
  • Assessed Improvements Value: $9,363

    Sales

  • Current Sale Contract Date: Dec 12, 1998
  • Current Sale Recording Date: Jan 15, 1999
  • Current Sale Transaction ID: 1132161791
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 99047180

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Jan 15, 1999
  • First Mortgage Loan Amount: $58,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2029

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5516 West Higgins Avenue located in?
The 5516 West Higgins Avenue is a condo located in the neighborhood of Jefferson Park in Northwest Side, Chicago.
How many listings are currently for sale in 5516 West Higgins Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 5516 West Higgins Avenue?
The average sales price for units in 5516 West Higgins Avenue is $137,450 , or $166/sqft. currently.

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