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5843 South Fairfield Avenue

5843 South Fairfield Avenue, Chicago, IL 60629
Property in Gage Park
Sold Dec 15, 1993
$46,600
Local assessors in Chicago, IL have categorized 5843 South Fairfield Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 3,625 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5843 South Fairfield Avenue has a total of 878 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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 wood 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 heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5843 South Fairfield Avenue sold most recently in Dec 9, 1993 for a total of $46,600. If you work out the math, that's approximately a cost of $53.08 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,188 in taxes each year. 5843 South Fairfield Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,000. If we break it down further, the land itself was valued at $2,900. Improvements to the property, however, were assessed at a total of $11,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,625
  • Total Building Area: 878
  • Gross Building Area: 878
  • Building Area: 878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHICAGO TITLE & TRUST
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CHICAGO)(TITLE) & (TRUST) COS SUB BEING EH OF WH OF NW OF & SW OF NE SEC 13-38-13

Ownership

  • Current Owner : ALONZO RAFAEL
  • Current Owner 2: ALONZO AUDELIA
  • Previous Owner : LUNA CARLOS A
  • Previous Owner 2: LUNA CARMEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 023-105-06
  • District: 72
  • Parcel: 19-13-221-041-0000
  • Lot: 39
  • Meridian: SEC 13 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.787
  • Longitude: -87.6921

    Address

  • Full Address: 5843 S Fairfield Ave
  • Address - House Number: 5843
  • Street Direction: S
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C067
  • 4-Digit Zip Code: 1513
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,188
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 218,559
  • High Value: 268,465
  • Low Value: 168,653

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $29,000
  • Market Improvement Value: $111,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,900
  • Assessed Improvements Value: $11,100

    Sales

  • Current Sale Contract Date: Dec 09, 1993
  • Current Sale Recording Date: Dec 15, 1993
  • Current Sale Transaction ID: 1177444497
  • Current Sale Price: $46,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 03025059

    Last Sale Mortgage

  • First Mortgage Lender: HOME FAMILY MTG CORP
  • First Mortgage Transaction Date: Dec 15, 1993
  • First Mortgage Loan Amount: $64,787
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2024

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Frequently Asked Questions

What neighborhood is 5843 South Fairfield Avenue located in?
The 5843 South Fairfield Avenue is a located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 5843 South Fairfield Avenue?
The average sales price for units in 5843 South Fairfield Avenue is $0 currently.

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