5659 South Michigan Avenue

5659 South Michigan Avenue has been categorized by the local assessors in Chicago, IL as a unknown type of property. The building on the property was first built in 1903 and is 121 years old. The building has a total of 3 stories. The area measurement of the land has been determined as 4,025 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 Oct 30, 2018 for $1,100,000. Prior to that sales transaction, the property was also sold in Apr 26, 2017 for $249,500. 5659 South Michigan Avenue was last assessed in 2023. The total value of the property was assessed at $16,197. Specifically, the land the property is located on was valued at $2,214. While improvements on the property were assessed at a total of $13,983. 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 $4,729. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.