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6058 South Wolcott Avenue

6058 South Wolcott Avenue, Chicago, IL 60636
Multifamily in West Englewood
Sold Jun 29, 2017
$85,000
$232,000 by Community Investment Corp
Mortgage Due Feb 01, 2028
Sold Oct 04, 2000
$55,000
$119,000
Mortgage Due Oct 01, 2020
6058 South Wolcott Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The home has a total of 13 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6058 South Wolcott Avenue has 5,265 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,764 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 6058 South Wolcott Avenue was last sold in Jun 12, 2017 for $85,000. According to our calculations, that's $16.14 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Sep 12, 2000. Current property owners are expected to pay $2,468 in taxes per year. The property on 6058 South Wolcott Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,000. To break that down further, the land itself was valued at $2,447. While improvements to the property were assessed at a total of $9,553. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 2
  • Total Rooms: 13
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,764
  • Total Building Area: 5,265
  • Gross Building Area: 5,265
  • Building Area: 5,265
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,265
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUMMINGS & COMPANYS 63RD
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: E A (CUMMINGS) & COMPANYS (63RD) STREET SUB OF WH SE SEC 18-38-14

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST CO
  • Current Owner 2: TRUST NUMBER 8002374987
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Owner Before Previous Owner: SMILEY YOLANDA L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 671200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-18-409-048-0000
  • Lot: 362,3
  • Meridian: SEC 18 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7832
  • Longitude: -87.672

    Address

  • Full Address: 6058 S Wolcott Ave
  • Address - House Number: 6058
  • Street Direction: S
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60636

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,468
  • Tax Rate Code Area: 72163

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 319,305
  • High Value: 400,893
  • Low Value: 237,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: COMMUNITY INVESTMENT CORP
  • First Open Lien Mortgage Recording Date: Jun 29, 2017
  • First Open Lien Mortgage Loan Amount: $232,000
  • First Open Lien Mortgage Term: 127
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2028

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $24,470
  • Market Improvement Value: $95,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $2,447
  • Assessed Improvements Value: $9,553

    Sales

  • Current Sale Contract Date: Jun 12, 2017
  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Transaction ID: 1589355539
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1718034077
  • Previous Sale Recording Date: Oct 04, 2000
  • Previous Sale Contract Date: Sep 12, 2000
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY INVESTMENT CORP
  • First Mortgage Transaction Date: Jun 29, 2017
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 127
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 01, 2028

    Previous Mortgages

  • Previous Mortgage Transaction Date: Oct 04, 2000
  • Previous Mortgage Loan Amount: $119,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Due Date: Oct 01, 2020

About South Side



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Frequently Asked Questions

What neighborhood is 6058 South Wolcott Avenue located in?
The 6058 South Wolcott Avenue is a multifamily located in the neighborhood of West Englewood in South Side, Chicago.
What is the average sales price for listings in 6058 South Wolcott Avenue?
The average sales price for units in 6058 South Wolcott Avenue is $0 currently.

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