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5725 North Fairfield Avenue

5725 North Fairfield Avenue, Chicago, IL 60659
Property in Arcadia Terrace
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5725 North Fairfield 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 1923 and is 101 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5725 North Fairfield Avenue has 2,538 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 3,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. 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 masonry. 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. 5725 North Fairfield Avenue was last assessed in 2022. The total value of the property was assessed at $42,000. Specifically, the land the property is located on was valued at $11,160. While improvements on the property were assessed at a total of $30,840. 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 $4,629. 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.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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: 2,538
  • Gross Building Area: 2,538
  • Building Area: 2,538
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,538
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KAISER &COS 1ST ADD TO ARCADIA
  • Land Acres: 0.085
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: W F (KAISER) &COS (1ST) ADD TO (ARCADIA) TERRACE SUB IN SEC 01-40-13

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020801

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-01-417-012-0000
  • Block: 27
  • Lot: 26
  • Meridian: SEC 01 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9857
  • Longitude: -87.6977

    Address

  • Full Address: 5725 N Fairfield Ave
  • Address - House Number: 5725
  • Street Direction: N
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 4705
  • Zip Code: 60659

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,629
  • Tax Rate Code Area: 71001

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $111,600
  • Market Improvement Value: $308,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,000
  • Assessed Land Value: $11,160
  • Assessed Improvements Value: $30,840

About North Side



Similar Buildings

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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$700 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5725 North Fairfield Avenue located in?
The 5725 North Fairfield Avenue is a located in the neighborhood of Arcadia Terrace in North Side, Chicago.
What is the average sales price for listings in 5725 North Fairfield Avenue?
The average sales price for units in 5725 North Fairfield Avenue is $0 currently.

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