5522 Carmel Drive

5522 Carmel Drive in Hanover Park, IL was first built in 1972 and is 52 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5522 Carmel Drive has 1,062 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 3,049 square feet.

Learn more about the property and building on this page. 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 frame control joints. Walk into the home itself and you'll find that it is currently being cooled with a window/unit air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5522 Carmel Drive was last sold in Jun 15, 2022 for $170,000. According to our calculations, that's $160.08 per sqft. Prior to that sales transaction, the property was sold for $116,000 in Aug 29, 2019. Current property owners are expected to pay $4,616 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 5522 Carmel Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,370. To break that down further, the land itself was valued at $6,080. While improvements to the property were assessed at a total of $37,290. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.