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5528 South Ada Street

5528 South Ada Street, Chicago, IL 60636
Multifamily in Englewood
Sold Feb 22, 2021
$178,000
$133,500 by Bay Equity Llc
Mortgage Due Feb 01, 2051
Sold Apr 15, 2010
$14,500
5528 South Ada Street in Chicago, IL was first built in 1911 and is 113 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 multifamily style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5528 South Ada Street has 2,562 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 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. There is one available parking space. 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. 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 wood. 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 Jan 19, 2020 for $178,000. That's $69.48 per sqft. Prior to that sales transaction, the property was also sold in Mar 10, 2010 for $14,500. 5528 South Ada Street was last assessed in 2023. The total value of the property was assessed at $9,000. Specifically, the land the property is located on was valued at $2,031. While improvements on the property were assessed at a total of $6,969. 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 $1,851. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,562
  • Gross Building Area: 2,562
  • Building Area: 2,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 55TH STREET BLVD ADD
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : MUNOZ AGUSTIN G
  • Previous Owner : ROSLYN REAL ESTATE LLC
  • Owner Before Previous Owner: JPMORGAN CHASE BANK NATIONAL ASSOCIATION

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 670100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 013-126-03
  • District: 72
  • Parcel: 20-17-104-028-0000
  • Lot: 107
  • Meridian: SEC 17 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7928
  • Longitude: -87.6588

    Address

  • Full Address: 5528 S Ada St
  • Address - House Number: 5528
  • Street Direction: S
  • Address - Street Name: Ada
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 1408
  • Zip Code: 60636

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,851
  • Tax Rate Code Area: 72082

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 304,563
  • High Value: 382,384
  • Low Value: 226,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,500
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $133,500
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $20,310
  • Market Improvement Value: $69,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,000
  • Assessed Land Value: $2,031
  • Assessed Improvements Value: $6,969

    Sales

  • Current Sale Contract Date: Jan 19, 2020
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11820300129
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2105333038
  • Previous Sale Recording Date: Apr 15, 2010
  • Previous Sale Contract Date: Mar 10, 2010
  • Previous Sale Amount: $14,500
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $133,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 5528 South Ada Street located in?
The 5528 South Ada Street is a multifamily located in the neighborhood of Englewood in South Side, Chicago.
What is the average sales price for listings in 5528 South Ada Street?
The average sales price for units in 5528 South Ada Street is $0 currently.

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