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5742 South Indiana Avenue

5742 South Indiana Avenue, Chicago, IL 60637
Property in Washington Park
Sold Dec 22, 2022
$550,000
$467,500 by Federal Savings Bank
Mortgage Due Jan 01, 2053
Sold Oct 26, 2018
$360,000
$180,000 by Us Bank Na
Mortgage
5742 South Indiana Avenue in Chicago, IL was first built in 1897 and is 127 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 20 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 6 partial bathrooms. 5742 South Indiana Avenue has 5,579 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,895 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Dec 9, 2022 for $550,000. That's $98.58 per sqft. Prior to that sales transaction, the property was also sold in Oct 11, 2018 for $360,000. 5742 South Indiana Avenue was last assessed in 2023. The total value of the property was assessed at $36,713. Specifically, the land the property is located on was valued at $31,133. While improvements on the property were assessed at a total of $5,580. 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 $7,575. 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! 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,895
  • Total Building Area: 5,579
  • Gross Building Area: 5,579
  • Building Area: 5,579
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,579
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DODGE & OTHERS RESUB
  • Land Acres: 0.204
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : CRISP JENNIFER
  • Previous Owner : GREEN PATH INVESTMENTS LLC
  • Owner Before Previous Owner: GCD GROWTH LLC
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 400500

Zoning

  • Zoning: RM-5

Geography

  • District: 70
  • Parcel: 20-15-115-042-0000
  • Lot: 3
  • Municipality: HYDE PARK
  • Latitude: 41.7898
  • Longitude: -87.621

    Address

  • Full Address: 5742 S Indiana Ave
  • Address - House Number: 5742
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 1693
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,575
  • Tax Rate Code Area: 70127

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 440,740
  • High Value: 553,357
  • Low Value: 328,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $467,500
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Dec 22, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $467,500
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $367,130
  • Market Land Value: $311,330
  • Market Improvement Value: $55,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,713
  • Assessed Land Value: $31,133
  • Assessed Improvements Value: $5,580

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Transaction ID: 11900029836
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8139
  • Previous Sale Recording Date: Oct 26, 2018
  • Previous Sale Contract Date: Oct 11, 2018
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Dec 22, 2022
  • First Mortgage Loan Amount: $467,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Oct 26, 2018
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7202 S Indiana Avenue, Chicago, IL, 60619

$900 /mo

  • Studio
  • 1 Bath
  • 800 ft²
7202 S Indiana Avenue #2R, Chicago, IL, 60619 Listing by Roshaunta Lewis
Unit for rent at 512 E 70th Place, Chicago, IL, 60637

$850 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
512 E 70th Place #G, Chicago, IL, 60637 Listing by Brandice Hampton

Frequently Asked Questions

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

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