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6023 South Merrimac Avenue

6023 South Merrimac Avenue, Chicago, IL 60638
House in Clearing
Sold Jan 13, 2020
$332,000
$217,000 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2035
Sold Jan 05, 2006
$315,000
$267,750 by Wmc Mortgage Corp
Mortgage Due Jan 01, 2036
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Local assessors in Chicago, IL have categorized 6023 South Merrimac Avenue as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 3,750 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 300 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are 3 full bathrooms. There are also 3 partial bathrooms. 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 6023 South Merrimac Avenue has a total of 2,341 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 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. The property was last sold in Jan 8, 2020 for $332,000. That's $141.82 per sqft. Prior to that sales transaction, the property was also sold in Dec 10, 2005 for $315,000. 6023 South Merrimac Avenue was last assessed in 2022. The total value of the property was assessed at $27,001. Specifically, the land the property is located on was valued at $4,688. While improvements on the property were assessed at a total of $22,313. 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 $4,877. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,341
  • Gross Building Area: 2,341
  • Building Area: 2,341
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,341
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BARTLETTS 61ST
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FREDK H (BARTLETTS)(61ST) ST ADD SUB IN WH SW SEC 17-38-13

Ownership

  • Current Owner : CAMPA KAREN
  • Previous Owner : LACH MACIEJ
  • Previous Owner 2: LACH NINA
  • Owner Before Previous Owner: YANEZ ISMAEL
  • Owner Before Previous Owner 2: YANEZ AURELIA
  • 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-104-11
  • District: 72
  • Parcel: 19-17-312-046-0000
  • Block: 1
  • Lot: 17
  • Meridian: SEC 17 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7826
  • Longitude: -87.7774

    Address

  • Full Address: 6023 S Merrimac Ave
  • Address - House Number: 6023
  • Street Direction: S
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C062
  • 4-Digit Zip Code: 4223
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,877
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 418,760
  • High Value: 514,551
  • Low Value: 322,970

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $317,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $217,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Sep 30, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 20, 2052

    Market Valuation

  • Market Total Value: $270,010
  • Market Land Value: $46,880
  • Market Improvement Value: $223,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $22,313

    Sales

  • Current Sale Contract Date: Jan 08, 2020
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Transaction ID: 11716302696
  • Current Sale Price: $332,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2001315081
  • Previous Sale Recording Date: Jan 05, 2006
  • Previous Sale Contract Date: Dec 10, 2005
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 13, 2020
  • First Mortgage Loan Amount: $298,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 05, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $267,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Southwest Side



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Frequently Asked Questions

What neighborhood is 6023 South Merrimac Avenue located in?
The 6023 South Merrimac Avenue is a house located in the neighborhood of Clearing in Southwest Side, Chicago.
What is the average sales price for listings in 6023 South Merrimac Avenue?
The average sales price for units in 6023 South Merrimac Avenue is $0 currently.

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