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5742 South Artesian Avenue

5742 South Artesian Avenue, Chicago, IL 60629
Property in Gage Park
Sold Aug 14, 2014
$80,000
Sold Nov 24, 2010
$41,000
$130,500 by Blueleaf Lending Llc
Mortgage
5742 South Artesian 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 1918 and is 106 years old. The home has a total of 10 rooms. 4 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, 5742 South Artesian Avenue has 2,304 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,750 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 no garage for those who require parking. 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 tar and gravel. 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. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5742 South Artesian Avenue was last sold in Jul 31, 2014 for $80,000. According to our calculations, that's $34.72 per sqft. Prior to that sales transaction, the property was sold for $41,000 in Nov 19, 2010. Current property owners are expected to pay $3,723 in taxes per year. The property on 5742 South Artesian Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,000. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $15,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COBE & MCKINNONS 59TH ST & WESTERN
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (COBE) & (MCKINNONS) (59TH) ST & (WESTERN) AVE SUB OF SE NE & NE SE SEC 13-38-13

Ownership

  • Current Owner : MERCADO HECTOR
  • Current Owner 2: ALDAMA CONSUELO
  • Previous Owner : METRO DEVELOPMENT TRUST
  • Owner Before Previous Owner: AGUILAR PERLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 835100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 023-108-01
  • District: 72
  • Parcel: 19-13-218-035-0000
  • Block: 2
  • Lot: 15
  • Meridian: SEC 13 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7889
  • Longitude: -87.6854

    Address

  • Full Address: 5742 S Artesian Ave
  • Address - House Number: 5742
  • Street Direction: S
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C009
  • 4-Digit Zip Code: 1018
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,723
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 178,182
  • High Value: 205,075
  • Low Value: 151,288

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $30,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Jul 31, 2014
  • Current Sale Recording Date: Aug 14, 2014
  • Current Sale Transaction ID: 1074300061
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1422645048
  • Previous Sale Recording Date: Nov 24, 2010
  • Previous Sale Contract Date: Nov 19, 2010
  • Previous Sale Amount: $41,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BLUELEAF LENDING LLC
  • Previous Mortgage Transaction Date: Nov 24, 2010
  • Previous Mortgage Loan Amount: $130,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Southwest Side



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Frequently Asked Questions

What neighborhood is 5742 South Artesian Avenue located in?
The 5742 South Artesian Avenue is a located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5742 South Artesian Avenue?
The average sales price for units in 5742 South Artesian Avenue is $0 currently.

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