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5731 South Princeton Avenue

5731 South Princeton Avenue, Chicago, IL 60621
Multifamily in Englewood
Sold Nov 05, 2019
$56,500
Sold Apr 26, 2006
$110,000
Buyer
Seller
$83,000 by Long Beach Mortgage Co
Mortgage Due May 01, 2036
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Local assessors in Chicago, IL have categorized 5731 South Princeton Avenue as a residential type of property. The home was built in 1895 and is 129 years old. The property's lot size has been calculated to be 3,075 square feet. 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 12 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 2 full bathrooms. There are also 2 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 5731 South Princeton Avenue has a total of 2,436 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 hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5731 South Princeton Avenue was last sold in Oct 24, 2019 for $56,500. According to our calculations, that's $23.19 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Apr 10, 2006. Current property owners are expected to pay $925 in taxes per year. The property on 5731 South Princeton Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $4,500. To break that down further, the land itself was valued at $1,999. While improvements to the property were assessed at a total of $2,501. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior Vinyl Siding
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: 6
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,075
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGEES SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MAGEES) SUB OF OUTLT24 IN SCHOOL TRUSTEES SUB OF SEC 16-38-14

Ownership

  • Current Owner : ROBINSON GAIL
  • Previous Owner : BELL CRAIG A
  • Previous Owner 2: BELL MIOWN
  • Owner Before Previous Owner: BELL JEROME
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 834600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-16-210-008-0000
  • Block: 2
  • Lot: 24
  • Meridian: SEC 16 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7899
  • Longitude: -87.6326

    Address

  • Full Address: 5731 S Princeton Ave
  • Address - House Number: 5731
  • Street Direction: S
  • Address - Street Name: Princeton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 4045
  • Zip Code: 60621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $925
  • Tax Rate Code Area: 72001

    Market Valuation

  • Market Total Value: $45,000
  • Market Land Value: $19,990
  • Market Improvement Value: $25,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,500
  • Assessed Land Value: $1,999
  • Assessed Improvements Value: $2,501

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Nov 05, 2019
  • Current Sale Transaction ID: 11672718019
  • Current Sale Price: $56,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1930934092
  • Previous Sale Recording Date: Apr 26, 2006
  • Previous Sale Contract Date: Apr 10, 2006
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LONG BEACH MORTGAGE CO
  • Previous Mortgage Transaction Date: Apr 26, 2006
  • Previous Mortgage Loan Amount: $83,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2036

About South Side



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Frequently Asked Questions

What neighborhood is 5731 South Princeton Avenue located in?
The 5731 South Princeton Avenue is a multifamily located in the neighborhood of Englewood in South Side, Chicago.
What is the average sales price for listings in 5731 South Princeton Avenue?
The average sales price for units in 5731 South Princeton Avenue is $0 currently.

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