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5938 West 60th Street

5938 West 60th Street, Chicago, IL 60638
House in Clearing
Sold Oct 19, 2020
$245,000
$240,562 by Prosperity Home Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Jan 28, 2010
$155,000
$158,300 by Phh Mortgage Services Corp
Mortgage Due Jan 01, 2040
Local assessors in Chicago, IL have categorized 5938 West 60th Street 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 5,440 square feet. The linear feet between the front and back of the lot was measured at 1,300 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 bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 2 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 5938 West 60th Street has a total of 1,332 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 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 masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a 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, 5938 West 60th Street was last sold in Aug 26, 2020 for $245,000. According to our calculations, that's $183.93 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Dec 30, 2009. Current property owners are expected to pay $3,430 in taxes per year. The property on 5938 West 60th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,000. To break that down further, the land itself was valued at $6,800. While improvements to the property were assessed at a total of $13,200. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
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: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,440
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,332
  • Gross Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF THAT PART LYING S &ADJ
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOAIZA ANDREW H
  • Previous Owner : RAMPICK DANA L
  • Owner Before Previous Owner: GAINES PATRICIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 640300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 00E-103-22
  • District: 72
  • Parcel: 19-17-400-030-0000
  • Meridian: SEC 17 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7837
  • Longitude: -87.7708

    Address

  • Full Address: 5938 W 60th St
  • Address - House Number: 5938
  • Street Direction: W
  • Address - Street Name: 60th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 4436
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,430
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2493
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 317,576
  • High Value: 396,758
  • Low Value: 238,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,562
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $240,562
  • 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, 2050

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $68,000
  • Market Improvement Value: $132,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $13,200

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Transaction ID: 11792860284
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029139303
  • Previous Sale Recording Date: Jan 28, 2010
  • Previous Sale Contract Date: Dec 30, 2009
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 19, 2020
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PHH MORTGAGE SERVICES CORP
  • Previous Mortgage Transaction Date: Jan 28, 2010
  • Previous Mortgage Loan Amount: $158,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2040

About Southwest Side



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Nearby Rentals

Unit for rent at 5737 W 64th Place, Chicago, IL, 60638

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,140 ft²
5737 W 64th Place, Chicago, IL, 60638 Listing by Zachary Koran

Frequently Asked Questions

What neighborhood is 5938 West 60th Street located in?
The 5938 West 60th Street is a house located in the neighborhood of Clearing in Southwest Side, Chicago.
What is the average sales price for listings in 5938 West 60th Street?
The average sales price for units in 5938 West 60th Street is $0 currently.

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