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5523 West Cornelia Avenue

5523 West Cornelia Avenue, Chicago, IL 60641
Property in Portage Park
Sold Dec 05, 2001
$226,500
$222,995 by Gn Mtg Co
Mortgage Due Dec 01, 2031
Sold Jun 30, 1997
$147,000
$144,121 by Ctx Mtg
Mortgage Due Apr 01, 2027
5523 West Cornelia Avenue in Chicago, IL was first built in 1929 and is 95 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. There are a total of 2 floors. There are a total of 6 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 West Cornelia Avenue has 1,315 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. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5523 West Cornelia Avenue sold most recently in Nov 12, 2001 for a total of $226,500. If you work out the math, that's approximately a cost of $172.24 per sqft. Before that, the property was also sold for $147,000 in Mar 28, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,470 in taxes each year. 5523 West Cornelia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,000. If we break it down further, the land itself was valued at $9,375. Improvements to the property, however, were assessed at a total of $20,625. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 6
  • 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: 2
  • 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: 1,315
  • Gross Building Area: 1,315
  • Building Area: 1,315
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,315
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESUBDIVISION OF J E WHITES ADDISON
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF J E (WHITES) (ADDISON) GARDENS SUB OF LT A IN PARTN OF WH SW SEC 21-40-13

Ownership

  • Current Owner : MENDOZA RAFAEL
  • Current Owner 2: RA ESEQUIEL
  • Previous Owner : OJEA OLGUITA M
  • Owner Before Previous Owner: SCHWAGER RONALD G
  • Owner Before Previous Owner 2: SCHWAGER PATRICIA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 151100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-21-308-016-0000
  • Block: 3
  • Lot: A
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9438
  • Longitude: -87.7652

    Address

  • Full Address: 5523 W Cornelia Ave
  • Address - House Number: 5523
  • Street Direction: W
  • Address - Street Name: Cornelia
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C033
  • 4-Digit Zip Code: 3244
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,470
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 390,760
  • High Value: 481,544
  • Low Value: 299,975

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,995
  • First Open Lien Mortgage Lender: GN MTG CO
  • First Open Lien Mortgage Recording Date: Dec 05, 2001
  • First Open Lien Mortgage Loan Amount: $222,995
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2031

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $93,750
  • Market Improvement Value: $206,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $9,375
  • Assessed Improvements Value: $20,625

    Sales

  • Current Sale Contract Date: Nov 12, 2001
  • Current Sale Recording Date: Dec 05, 2001
  • Current Sale Transaction ID: 1176871914
  • Current Sale Price: $226,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0011144526
  • Previous Sale Recording Date: Jun 30, 1997
  • Previous Sale Contract Date: Mar 28, 1997
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GN MTG CO
  • First Mortgage Transaction Date: Dec 05, 2001
  • First Mortgage Loan Amount: $222,995
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: Jun 30, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $144,121
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2027

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5523 West Cornelia Avenue located in?
The 5523 West Cornelia Avenue is a located in the neighborhood of Portage Park in Northwest Side, Chicago.
What is the average sales price for listings in 5523 West Cornelia Avenue?
The average sales price for units in 5523 West Cornelia Avenue is $0 currently.

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