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5520 South Albany Avenue

5520 South Albany Avenue, Chicago, IL 60629
House in Gage Park
Sold May 28, 2021
$80,000
Sold Nov 21, 2017
$85,000
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5520 South Albany Avenue in Chicago, IL was first built in 1926 and is 98 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5520 South Albany Avenue has 1,034 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 300 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 3,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. 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 heating system. The property was last sold in May 6, 2021 for $80,000. That's $77.37 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 2017 for $85,000. 5520 South Albany Avenue was last assessed in 2022. The total value of the property was assessed at $18,001. Specifically, the land the property is located on was valued at $3,188. While improvements on the property were assessed at a total of $14,813. 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 $3,723. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,034
  • Gross Building Area: 1,034
  • Building Area: 1,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BARNETT BROTHERS
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BARNETT) (BROTHERS) SUB OF W1/4 NH NW SEC 13-38-13

Ownership

  • Current Owner : JIMENEZ MINERVA
  • Current Owner 2: MARTINEZ RAYMUNDO
  • Previous Owner : FLORES FELIPE
  • Previous Owner 2: AYALA ALBERT
  • Owner Before Previous Owner: CAMPOS FERNANDO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 630800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-13-101-026-0000
  • Block: 1
  • Lot: 37
  • Meridian: SEC 13 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7929
  • Longitude: -87.7014

    Address

  • Full Address: 5520 S Albany Ave
  • Address - House Number: 5520
  • Street Direction: S
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 2415
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,723
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 263,933
  • High Value: 322,958
  • Low Value: 204,908

    Market Valuation

  • Market Total Value: $180,010
  • Market Land Value: $31,880
  • Market Improvement Value: $148,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,001
  • Assessed Land Value: $3,188
  • Assessed Improvements Value: $14,813

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836578272
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2114808172
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Oct 31, 2017
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Sheriff's Deed

About Southwest Side



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Frequently Asked Questions

What neighborhood is 5520 South Albany Avenue located in?
The 5520 South Albany Avenue is a house located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5520 South Albany Avenue?
The average sales price for units in 5520 South Albany Avenue is $0 currently.

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