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5905 South Indiana Avenue

5905 South Indiana Avenue, Chicago, IL 60637
Property in Washington Park
1 Units For Sale
Unit for sale at 5905 S Indiana Avenue, Chicago, IL 60637

$530,000

  • 9 Beds
5905 S Indiana Avenue, Chicago, IL 60637 Listing by Debbye Tyler

Local assessors in Chicago, IL have categorized 5905 South Indiana Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 2,997 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 9 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5905 South Indiana Avenue has a total of 5,105 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 are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry 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 tar and gravel. Lots of masonry 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 hot water heating system is the primary heating source. 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, 5905 South Indiana Avenue was last sold in Oct 26, 2017 for $167,500. According to our calculations, that's $32.81 per sqft. Prior to that sales transaction, the property was sold for $15,000 in Oct 3, 2013. Current property owners are expected to pay $3,421 in taxes per year. The property on 5905 South Indiana Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,001. To break that down further, the land itself was valued at $10,490. While improvements to the property were assessed at a total of $9,511. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220928
09/28/2022
9 Bed
-
-
$540,000
bedrooms
9 Bed
bathrooms
-
-
-
-
Debbye Tyler
United Real Estate - Chicago

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,997
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 300
  • Total Building Area: 5,105
  • Gross Building Area: 5,105
  • Building Area: 5,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,105
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOLTONS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JAMES (BOLTONS) SUB OF BLK 1 IN WILSON HEALD & STEBBI NS SUB OF EH SW SEC 15-38-14

Ownership

  • Current Owner : WILLIAMS D EVONNE
  • Previous Owner : DRAIN VIELINA
  • Owner Before Previous Owner: Z FINANCIAL ILLINOIS G PROPERTIES LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 834500

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-15-304-002-0000
  • Block: 1
  • Lot: 1,2
  • Meridian: SEC 15 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7873
  • Longitude: -87.6186

    Address

  • Full Address: 5905 S Prairie Ave
  • Address - House Number: 5905
  • Street Direction: S
  • Address - Street Name: Prairie
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C062
  • 4-Digit Zip Code: 7317
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,421
  • Tax Rate Code Area: 70127

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 358,620
  • High Value: 450,254
  • Low Value: 266,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,587
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 25, 2022
  • First Open Lien Mortgage Loan Amount: $479,587
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $200,010
  • Market Land Value: $104,900
  • Market Improvement Value: $95,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,001
  • Assessed Land Value: $10,490
  • Assessed Improvements Value: $9,511

    Sales

  • Current Sale Contract Date: Oct 26, 2017
  • Current Sale Recording Date: Nov 14, 2017
  • Current Sale Transaction ID: 11296173810
  • Current Sale Price: $167,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1731839050
  • Previous Sale Recording Date: Nov 01, 2013
  • Previous Sale Contract Date: Oct 03, 2013
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Nov 14, 2017
  • First Mortgage Loan Amount: $325,385
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 5905 South Indiana Avenue located in?
The 5905 South Indiana Avenue is a located in the neighborhood of Washington Park in South Side, Chicago.
How many listings are currently for sale in 5905 South Indiana Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 5905 South Indiana Avenue?
The average sales price for units in 5905 South Indiana Avenue is $530,000 currently.

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