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5940 North Sacramento Avenue

5940 North Sacramento Avenue, Chicago, IL 60659
Property in West Rogers Park
Sold Mar 06, 2018
$334,000
Seller
Sold Oct 11, 2017
$320,000
Buyer
Seller
$240,000 by Lendlink Financial Inc
Mortgage Due Nov 01, 2032
Local assessors in Chicago, IL have categorized 5940 North Sacramento Avenue as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 3,720 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 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 are also 2 partial bathrooms. 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 5940 North Sacramento Avenue has a total of 1,268 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. 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. There are 2 fireplaces in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 20, 2018 for $334,000. That's $263.41 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2017 for $320,000. 5940 North Sacramento Avenue was last assessed in 2023. The total value of the property was assessed at $35,000. Specifically, the land the property is located on was valued at $11,160. While improvements on the property were assessed at a total of $23,840. 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 $7,199. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 3,720
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,268
  • Gross Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KRENN & DATOS POLO
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KRENN) & (DATOS)(POLO) GROUNDS ADD TO N EDGEWATER IN SW SEC 01-40-13

Ownership

  • Current Owner : SHOMADE LANRE
  • Previous Owner : PATEL IKRAM
  • Owner Before Previous Owner: JCPS LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020701

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-01-304-010-0000
  • Lot: 69
  • Meridian: SEC 01 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9899
  • Longitude: -87.7046

    Address

  • Full Address: 5940 N Sacramento Ave
  • Address - House Number: 5940
  • Street Direction: N
  • Address - Street Name: Sacramento
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 3807
  • Zip Code: 60659

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,199
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2311
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 465,736
  • High Value: 573,394
  • Low Value: 358,078

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $111,600
  • Market Improvement Value: $238,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $11,160
  • Assessed Improvements Value: $23,840

    Sales

  • Current Sale Contract Date: Feb 20, 2018
  • Current Sale Recording Date: Mar 06, 2018
  • Current Sale Transaction ID: 11427027675
  • Current Sale Price: $334,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1806546070
  • Previous Sale Recording Date: Oct 11, 2017
  • Previous Sale Contract Date: Oct 02, 2017
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLANTA MORTGAGE INC
  • First Mortgage Transaction Date: Mar 06, 2018
  • First Mortgage Loan Amount: $243,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: LENDLINK FINANCIAL INC
  • Previous Mortgage Transaction Date: Oct 11, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2032

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Frequently Asked Questions

What neighborhood is 5940 North Sacramento Avenue located in?
The 5940 North Sacramento Avenue is a located in the neighborhood of West Rogers Park in North Side, Chicago.
What is the average sales price for listings in 5940 North Sacramento Avenue?
The average sales price for units in 5940 North Sacramento Avenue is $0 currently.

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