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5528 South Rutherford Avenue

5528 South Rutherford Avenue, Chicago, IL 60638
Property in Garfield Ridge
Sold Sep 28, 2022
$475,000
$332,500 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2052
Sold Aug 25, 2020
$350,000
$230,000 by Cibm Bank
Mortgage Due Aug 01, 2050
5528 South Rutherford Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5528 South Rutherford Avenue has 1,755 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,284 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5528 South Rutherford Avenue sold most recently in Sep 7, 2022 for a total of $475,000. If you work out the math, that's approximately a cost of $270.66 per sqft. Before that, the property was also sold for $350,000 in Jul 30, 2020. 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 $3,275 in taxes each year. 5528 South Rutherford Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,251. If we break it down further, the land itself was valued at $5,355. Improvements to the property, however, were assessed at a total of $13,896. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 4,284
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,755
  • Gross Building Area: 1,755
  • Building Area: 1,755
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,755
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BARTLETTS FIFTH ADD TO BARTLETT
  • Land Acres: 0.098
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: FREDK H (BARTLETTS)(FIFTH) ADD TO (BARTLETT) HIGHLAND S SUB OF WH NE SEC 18-38-13

Ownership

  • Current Owner : GATTO CHARLES
  • Current Owner 2: GATTO NATALIE
  • Previous Owner : FERN MICHAEL A
  • Owner Before Previous Owner: FEM EDWARD JAMES
  • Owner Before Previous Owner 2: FEM ANNA MARIE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 561000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-23-02
  • District: 72
  • Parcel: 19-18-200-049-0000
  • Block: 74
  • Lot: 32,33
  • Meridian: SEC 18 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7912
  • Longitude: -87.7906

    Address

  • Full Address: 5528 S Rutherford Ave
  • Address - House Number: 5528
  • Street Direction: S
  • Address - Street Name: Rutherford
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C056
  • 4-Digit Zip Code: 2318
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,275
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 354,935
  • High Value: 445,627
  • Low Value: 264,242

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 28, 2022
  • First Open Lien Mortgage Loan Amount: $332,500
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $192,510
  • Market Land Value: $53,550
  • Market Improvement Value: $138,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,251
  • Assessed Land Value: $5,355
  • Assessed Improvements Value: $13,896

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 28, 2022
  • Current Sale Transaction ID: 11905434800
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7066
  • Previous Sale Recording Date: Aug 25, 2020
  • Previous Sale Contract Date: Jul 30, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 28, 2022
  • First Mortgage Loan Amount: $332,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CIBM BANK
  • Previous Mortgage Transaction Date: Aug 25, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $230,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 5528 South Rutherford Avenue located in?
The 5528 South Rutherford Avenue is a located in the neighborhood of Garfield Ridge in Southwest Side, Chicago.
What is the average sales price for listings in 5528 South Rutherford Avenue?
The average sales price for units in 5528 South Rutherford Avenue is $0 currently.

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