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5538 South 72nd Court

5538 South 72nd Court, Summit Argo, IL 60501
Property in Summit
Sold Oct 03, 2007
$265,000
$190,000 by Numark Cu
Mortgage Due Dec 01, 2031
5538 South 72nd Court in Summit Argo, IL was first built in 1957 and is 67 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 9 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. 5538 South 72nd Court has 2,061 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 3,720 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. The property was last sold in Aug 14, 2007 for $265,000. That's $128.58 per sqft. 5538 South 72nd Court was last assessed in 2023. The total value of the property was assessed at $30,000. Specifically, the land the property is located on was valued at $2,697. While improvements on the property were assessed at a total of $27,303. 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 $7,136. 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.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 2

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 2,061
  • Gross Building Area: 2,061
  • Building Area: 2,061
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,061
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARLEM & ARCHER AVE
  • Land Acres: 0.085
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : ACOSTA JOSE
  • Current Owner 2: DIAZ ROCIO
  • Previous Owner : WARACHOWSKI HELEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Argo Community High School District 217
  • Census Tract: 820300

Geography

  • District: 21
  • Parcel: 18-13-205-039-0000
  • Block: 2
  • Lot: 24
  • Meridian: SEC 13 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7903
  • Longitude: -87.803

    Address

  • Full Address: 5538 S 72nd Ct
  • Address - House Number: 5538
  • Street Direction: S
  • Address - Street Name: 72nd
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Summit Argo
  • Carrier Code: C002
  • 4-Digit Zip Code: 1203
  • Zip Code: 60501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,136
  • Tax Rate Code Area: 21038

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 294,821
  • High Value: 370,153
  • Low Value: 219,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: NUMARK CU
  • First Open Lien Mortgage Recording Date: Nov 24, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $190,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2031

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $26,970
  • Market Improvement Value: $273,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $2,697
  • Assessed Improvements Value: $27,303

    Sales

  • Current Sale Contract Date: Aug 14, 2007
  • Current Sale Recording Date: Oct 03, 2007
  • Current Sale Transaction ID: 1088800985
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0727605196

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • First Mortgage Transaction Date: Oct 03, 2007
  • First Mortgage Loan Amount: $238,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2037

About Summit



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Nearby Rentals

Unit for rent at 6700 W 64th Place, Chicago, IL, 60638

$1,600 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,000 ft²
6700 W 64th Place #3W, Chicago, IL, 60638 Listing by Beata Krasowski

Frequently Asked Questions

What neighborhood is 5538 South 72nd Court located in?
The 5538 South 72nd Court is a located in the neighborhood of Summit in Summit, Summit Argo.
What is the average sales price for listings in 5538 South 72nd Court?
The average sales price for units in 5538 South 72nd Court is $0 currently.

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