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5720 West 63rd Street

5720 West 63rd Street, Chicago, IL 60638
Multifamily in Clearing
Local assessors in Chicago, IL have categorized 5720 West 63rd Street as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 3,000 square feet. The linear feet between the front and back of the lot was measured at 240 ft and the front of the lot was measured at 1,250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 16 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5720 West 63rd Street has a total of 3,413 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 5720 West 63rd Street sold most recently in Nov 16, 2020 for a total of $425,000. If you work out the math, that's approximately a cost of $124.52 per sqft. Before that, the property was also sold for $363,500 in Aug 13, 2003. 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 $5,498 in taxes each year. 5720 West 63rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,000. If we break it down further, the land itself was valued at $3,750. Improvements to the property, however, were assessed at a total of $26,250. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200922
09/22/2020
8 Bed
-
-
$434,900
bedrooms
8 Bed
bathrooms
-
$425,000 -2.28%
01/06/2021
Gaspar Flores

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 240
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,413
  • Gross Building Area: 3,413
  • Building Area: 3,413
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,413
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THIRD ADD TO CLEARING
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (THIRD) ADD TO (CLEARING) CO SUB IN SEC 17-38-13

Ownership

  • Current Owner : HERRERA CHRISTIAN M
  • Previous Owner : FIGUEROA MARIO M
  • Previous Owner 2: CARRILLO CONSUELO
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 640300

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: 00E-30-06
  • District: 72
  • Parcel: 19-17-429-030-0000
  • Block: 6
  • Lot: 24
  • Meridian: SEC 17 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7783
  • Longitude: -87.7651

    Address

  • Full Address: 5720 W 63rd St
  • Address - House Number: 5720
  • Street Direction: W
  • Address - Street Name: 63rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 5529
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,498
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 398,168
  • High Value: 458,265
  • Low Value: 338,070

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,302
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 06, 2021
  • First Open Lien Mortgage Loan Amount: $417,302
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $37,500
  • Market Improvement Value: $262,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $26,250

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Jan 06, 2021
  • Current Sale Transaction ID: 11810809964
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2100601377
  • Previous Sale Recording Date: Oct 02, 2003
  • Previous Sale Contract Date: Aug 13, 2003
  • Previous Sale Amount: $363,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jan 06, 2021
  • First Mortgage Loan Amount: $417,302
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PARK FSB
  • Previous Mortgage Transaction Date: Oct 02, 2003
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $345,325
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2033

About Southwest Side



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Frequently Asked Questions

What neighborhood is 5720 West 63rd Street located in?
The 5720 West 63rd Street is a multifamily located in the neighborhood of Clearing in Southwest Side, Chicago.
What is the average sales price for listings in 5720 West 63rd Street?
The average sales price for units in 5720 West 63rd Street is $434,900 currently.

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