5717 North Fairfield Avenue
5717 North Fairfield Avenue, Chicago, IL 60659
Property
in
Arcadia Terrace
5717 North Fairfield Avenue in Chicago, IL was first built in 1965 and is 59 years old.
This has been categorized as a commercial property type.
For those interested in architecture, the building on the property was built in a unknown style.
It is a single story home.
In total, the area measurement of the land is 8,100 square feet.
Learn more about the property and building on this page. The property was last sold in Aug 13, 2001 for $340,000. That's $72.34 per sqft. Prior to that sales transaction, the property was also sold in Dec 1, 1999 for $340,000. 5717 North Fairfield Avenue was last assessed in 2023. The total value of the property was assessed at $175,681. Specifically, the land the property is located on was valued at $50,625. While improvements on the property were assessed at a total of $125,056. 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 $36,134. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.
Learn more about the property and building on this page. The property was last sold in Aug 13, 2001 for $340,000. That's $72.34 per sqft. Prior to that sales transaction, the property was also sold in Dec 1, 1999 for $340,000. 5717 North Fairfield Avenue was last assessed in 2023. The total value of the property was assessed at $175,681. Specifically, the land the property is located on was valued at $50,625. While improvements on the property were assessed at a total of $125,056. 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 $36,134. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.
5717 North Fairfield Avenue, Chicago, IL 60659
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