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5722 South Kimbark Avenue

5722 South Kimbark Avenue, Chicago, IL 60637
Property in Hyde Park
Sold Sep 27, 2021
$1,805,000
$1,444,000 by Fifth Third Bank Na
Mortgage Due Oct 01, 2051
Sold Dec 03, 2020
$1,805,000
5722 South Kimbark 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 1895 and is 129 years old. The home has a total of 12 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5722 South Kimbark Avenue has 3,154 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. 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 stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 29, 2021 for $1,805,000. That's $572.29 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2020 for $1,805,000. 5722 South Kimbark Avenue was last assessed in 2023. The total value of the property was assessed at $100,112. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $55,112. 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 $19,630. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 3,154
  • Gross Building Area: 3,154
  • Building Area: 3,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,154
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAY ADN GAYLORDS SUBDIVISION
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZHAO YINGMING
  • Current Owner 2: JIANG DANRU
  • Previous Owner : LAL SERENA
  • Previous Owner 2: LAL ASHISH
  • Owner Before Previous Owner: WOLRAICH DAVID A
  • Owner Before Previous Owner 2: WEINRIB LAURA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 411200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jul 02, 2016
  • District: 70
  • Parcel: 20-14-214-017-0000
  • Lot: 7
  • Meridian: SEC 14 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7908
  • Longitude: -87.5953

    Address

  • Full Address: 5722 S Kimbark Ave
  • Address - House Number: 5722
  • Street Direction: S
  • Address - Street Name: Kimbark
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C042
  • 4-Digit Zip Code: 1615
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,630
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2534
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 2,039,905
  • High Value: 2,556,999
  • Low Value: 1,522,810

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,444,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $1,444,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $1,001,120
  • Market Land Value: $450,000
  • Market Improvement Value: $551,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,112
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $55,112

    Sales

  • Current Sale Contract Date: Aug 29, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Transaction ID: 11857645566
  • Current Sale Price: $1,805,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127028515
  • Previous Sale Recording Date: Dec 03, 2020
  • Previous Sale Contract Date: Oct 03, 2020
  • Previous Sale Amount: $1,805,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NA
  • First Mortgage Transaction Date: Sep 27, 2021
  • First Mortgage Loan Amount: $1,444,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 5722 South Kimbark Avenue located in?
The 5722 South Kimbark Avenue is a located in the neighborhood of Hyde Park in Far South Chicago, Chicago.
What is the average sales price for listings in 5722 South Kimbark Avenue?
The average sales price for units in 5722 South Kimbark Avenue is $0 currently.

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