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5523 West Chicago Avenue

5523 West Chicago Avenue, Chicago, IL 60651
Commercial in South Austin
5523 West Chicago Avenue has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 1922 and is 102 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 12,300 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. The property was last sold in Aug 8, 2018 for $170,000. That's $19.77 per sqft. 5523 West Chicago Avenue was last assessed in 2023. The total value of the property was assessed at $175,960. Specifically, the land the property is located on was valued at $32,288. While improvements on the property were assessed at a total of $143,672. 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 $40,111. 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. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211022
10/22/2021
Loft
-
9000 ft²
$349,900
bedrooms
Loft
bathrooms
-
square feet
9000 ft²
-
-
-
Khurram Qureshi
Apple Real Estate Inc.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,300
  • Total Building Area: 8,600
  • Building Area: 8,600
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MERRICKS SUBDIVISION
  • Land Acres: 0.282
  • Standard Land Use Code: Commercial building

Ownership

  • Current Owner : 5523 35 CHICAGO AVE LLC
  • Previous Owner : CHICAGO TITLE LAND TRUST CO

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 251500

Zoning

  • Zoning: C1-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-09-100-002-0000
  • Meridian: SEC 09 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8947
  • Longitude: -87.7648

    Address

  • Full Address: 5523 W Chicago Ave
  • Address - House Number: 5523
  • Street Direction: W
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 2727
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $40,111
  • Tax Rate Code Area: 77098

    Market Valuation

  • Market Total Value: $703,840
  • Market Land Value: $129,152
  • Market Improvement Value: $574,688

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,960
  • Assessed Land Value: $32,288
  • Assessed Improvements Value: $143,672

    Sales

  • Current Sale Contract Date: Aug 08, 2018
  • Current Sale Recording Date: Oct 03, 2018
  • Current Sale Transaction ID: 11510972389
  • Current Sale Price: $170,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1827647013

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5523 West Chicago Avenue located in?
The 5523 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 5523 West Chicago Avenue?
The average sales price for units in 5523 West Chicago Avenue is $0 currently.

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