See Home Value
$400,000 - $488,000
House - Off Market

5863 W Peterson Avenue

Chicago, IL 60646
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1000 Sqft
Sold May 03, 2019
$339,500
$320,000 by Guaranteed Rate Inc
Mortgage Due Mar 01, 2051
Sold Aug 29, 2018
$187,000
Buyer
Seller
$215,515 by Finance Of America Commercial
Mortgage Due Sep 01, 2019

About This Property

Gorgeous raised ranch on special piece of land boasts stylish 3/2 in a setting of flowers and trees. With this outdoor space, this will be the hang out house all summer long! Newer kitchen with south facing corner windows, white cabinets, glass subway tile and stainless appliances. Large living spaces on both floors- main floor overlooking the treelined street and has room for dining room table. 3 beds up with good closet space and updated bath. Primary fits a king and has room for bedroom set. Dont forget coat and linen closet! Lower level gets nice light and has fireplace and plenty of open room for different and flexible set ups. 2 great storage spaces, walk in laundry room and full bath with step in shower. The new patio in the backyard is an oasis. Garage awning was stabilized with overhang when new cedar fence went in and is ready to host your hangout. The most precious side yard with native plants including a lavender bush. If you dreamt of playing catch in the yard on a picturesque street welcome to this sweet, friendly Edgebrook home. Move-in ready with smart updates and well maintained.

The manager has listed the unit size as 1000 square feet.
Unit Size
1,000Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$444
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1958

Price History

Date / Event Date Event Price
Apr 18, 2024 No longer available -
No longer available
Mar 7, 2024 In contract -
In contract
Feb 26, 2024 Listed $444,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 4,639
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WICKERSHAMS ELSTON AVE
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RESENDIZ BRYAN E
  • Current Owner 2: RESENDIZ JODIE L
  • Previous Owner : MN GROUP LLC
  • Owner Before Previous Owner: PATEL ARUNA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 110100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-05-401-035-0000
  • Block: 1
  • Lot: 22-24
  • Meridian: SEC 05 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9901
  • Longitude: -87.7756

    Address

  • Full Address: 5863 W Peterson Ave
  • Address - House Number: 5863
  • Street Direction: W
  • Address - Street Name: Peterson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 3907
  • Zip Code: 60646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,471
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 439,429
  • High Value: 483,858
  • Low Value: 394,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $92,780
  • Market Improvement Value: $207,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $9,278
  • Assessed Improvements Value: $20,722

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: May 03, 2019
  • Current Sale Transaction ID: 11602842649
  • Current Sale Price: $339,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1912333274
  • Previous Sale Recording Date: Aug 29, 2018
  • Previous Sale Contract Date: Aug 16, 2018
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 03, 2019
  • First Mortgage Loan Amount: $322,525
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Aug 29, 2018
  • Previous Mortgage Loan Amount: $215,515
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2019



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
1,562 ft²
$301/ft²
$470,000 Mar 6, 2024
-
$875/mo
House
3 Beds
2 Baths
1,800 ft²
$204/ft²
$367,000 Feb 26, 2024
-
$499/mo
House
3 Beds
1 Bath
937 ft²
$386/ft²
$361,500 Jan 26, 2024
-
$482/mo
House
2 Beds
2 Baths
1,924 ft²
$247/ft²
$475,000 Feb 24, 2024
-
$607/mo
House
3 Beds
1.5 Baths
-
$395,000 Feb 15, 2024
-
$353/mo
House
2 Beds
2 Baths
-
$479,900 Mar 7, 2024
-
$490/mo
Multifamily
5 Beds
-
-
$469,900 Feb 27, 2024
-
$549/mo
Land
Loft
-
-
$400,000 Dec 20, 2023
-
$311/mo

About Northwest Side


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Frequently Asked Questions

When was property at 5863 West Peterson Avenue built and last sold?
The property at 5863 West Peterson Avenue was built in 1958 and last sold on Mar 27, 2019 for $339,500.
How much is this home worth?
The estimated value of the home located at 5863 West Peterson Avenue is $452,031.
What are some comparable homes to 5863 West Peterson Avenue?
Homes that are comparable to 5863 West Peterson Avenue include a house property at 6157 North Caldwell Avenue, 5709 North Mango Avenue, 5883 North Central Avenue.

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