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5801 West 88th Street

5801 West 88th Street, Oak Lawn, IL 60453
Property in Oak Lawn
Sold Sep 06, 2016
$145,000
$142,373 by Everett Financial Inc
Mortgage Due Sep 01, 2046
Sold Sep 10, 2014
$60,000
5801 West 88th Street has been categorized by the local assessors in Oak Lawn, IL as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5801 West 88th Street has 1,060 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 6,015 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 central air conditioning at the moment. In terms of heating, it is utilizing a 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. The property was last sold in Aug 17, 2016 for $145,000. That's $136.79 per sqft. Prior to that sales transaction, the property was also sold in Jul 29, 2014 for $60,000. 5801 West 88th Street was last assessed in 2023. The total value of the property was assessed at $25,928. Specifically, the land the property is located on was valued at $4,361. While improvements on the property were assessed at a total of $21,567. 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 $4,851. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,015
  • Lot Size Depth Feet: 1,290
  • Total Building Area: 1,060
  • Gross Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GEORGE & BETTY ORBECKS RESUB OF LTS 41
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GEORGE & BETTY (ORBECKS) RESUB OF LTS 412 TO 414 TOG WITH THE NH OF VACTD 20 ALY LYG S OF & ADJ TO SD LTS ALL IN F DELUGACHS

Ownership

  • Current Owner : FLORES VERONICA A
  • Previous Owner : COUNTRYSIDE BANK
  • Owner Before Previous Owner: S12 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Lawn Community High School District 229
  • Census Tract: 822301

Geography

  • District: 39
  • Parcel: 24-05-209-052-0000
  • Lot: 412-4
  • Meridian: SEC 05 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.732
  • Longitude: -87.7658

    Address

  • Full Address: 5801 W 88th St
  • Address - House Number: 5801
  • Street Direction: W
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C005
  • 4-Digit Zip Code: 1212
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,851
  • Tax Rate Code Area: 39023

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 168,807
  • High Value: 245,873
  • Low Value: 91,740

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,373
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 06, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $142,373
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $259,280
  • Market Land Value: $43,610
  • Market Improvement Value: $215,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,928
  • Assessed Land Value: $4,361
  • Assessed Improvements Value: $21,567

    Sales

  • Current Sale Contract Date: Aug 17, 2016
  • Current Sale Recording Date: Sep 06, 2016
  • Current Sale Transaction ID: 1755076316
  • Current Sale Price: $145,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1625042095
  • Previous Sale Recording Date: Sep 10, 2014
  • Previous Sale Contract Date: Jul 29, 2014
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Sep 06, 2016
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

About Oak Lawn



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Frequently Asked Questions

What neighborhood is 5801 West 88th Street located in?
The 5801 West 88th Street is a located in the neighborhood of Oak Lawn in Oak Lawn, Oak Lawn.
What is the average sales price for listings in 5801 West 88th Street?
The average sales price for units in 5801 West 88th Street is $0 currently.

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