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5523 South Meade Avenue

5523 South Meade Avenue, Chicago, IL 60638
Sold Jul 22, 2021
$370,000
$358,900 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2051
Sold May 29, 2019
$324,000
$309,320 by Bay Equity Llc
Mortgage Due Jun 01, 2049
5523 South Meade Avenue in Chicago, IL was first built in 1954 and is 70 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 unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5523 South Meade Avenue has 890 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 3,750 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. 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 central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jun 10, 2021 for $370,000. That's $415.73 per sqft. Prior to that sales transaction, the property was also sold in May 23, 2019 for $324,000. 5523 South Meade Avenue was last assessed in 2022. The total value of the property was assessed at $25,001. Specifically, the land the property is located on was valued at $4,688. While improvements on the property were assessed at a total of $20,313. 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 $5,171. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • 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
  • Total Building Area: 890
  • Gross Building Area: 890
  • Building Area: 890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARFIELD RIDGE FIRST ADDITION
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ANGUIANO CELIA T
  • Current Owner 2: ANGUIANO LARRY M
  • Previous Owner : ARROYO VIRGINIA
  • Owner Before Previous Owner: M & M CAPITAL ENTERPRISES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 561100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-72-02
  • District: 72
  • Parcel: 19-17-106-027-0000
  • Meridian: SEC 17 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7918
  • Longitude: -87.7741

    Address

  • Full Address: 5523 S Meade Ave
  • Address - House Number: 5523
  • Street Direction: S
  • Address - Street Name: Meade
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C050
  • 4-Digit Zip Code: 2615
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,171
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 363,865
  • High Value: 447,069
  • Low Value: 280,661

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $358,900
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $358,900
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $250,010
  • Market Land Value: $46,880
  • Market Improvement Value: $203,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $20,313

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Transaction ID: 11844819018
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120333089
  • Previous Sale Recording Date: May 29, 2019
  • Previous Sale Contract Date: May 23, 2019
  • Previous Sale Amount: $324,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 22, 2021
  • First Mortgage Loan Amount: $358,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY LLC
  • Previous Mortgage Transaction Date: May 29, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $309,320
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2049

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Frequently Asked Questions

What neighborhood is 5523 South Meade Avenue located in?
The 5523 South Meade Avenue is a house located in the neighborhood of Garfield Ridge in Southwest Side, Chicago.
What is the average sales price for listings in 5523 South Meade Avenue?
The average sales price for units in 5523 South Meade Avenue is $0 currently.

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