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6558 South Oakley Avenue

6558 South Oakley Avenue, Chicago, IL 60636
Property in West Englewood
Sold Oct 14, 2021
$226,500
$222,397 by American Pacific Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Jan 19, 2021
$72,000
Local assessors in Chicago, IL have categorized 6558 South Oakley Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 3,156 square feet. 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 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 6558 South Oakley Avenue has a total of 1,188 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 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. 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, 6558 South Oakley Avenue was last sold in Oct 4, 2021 for $226,500. According to our calculations, that's $190.66 per sqft. Prior to that sales transaction, the property was sold for $72,000 in Nov 16, 2020. Current property owners are expected to pay $1,034 in taxes per year. The property on 6558 South Oakley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,000. To break that down further, the land itself was valued at $2,051. While improvements to the property were assessed at a total of $2,949. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,156
  • Total Building Area: 1,188
  • Gross Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH LYNNE BEING VAILS
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SOUTH) (LYNNE) BEING (VAILS) SUB OF NH OF SEC 19-38-14

Ownership

  • Current Owner : GARCIA EDITH M RIVERA
  • Previous Owner : TAPIA CRUZ MARI A RODRIGUEZ DE
  • Previous Owner 2: TAPIA GISSELL
  • Owner Before Previous Owner: DEI SERIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660700

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-19-116-045-0000
  • Block: 47
  • Lot: 24
  • Meridian: SEC 19 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7739
  • Longitude: -87.6815

    Address

  • Full Address: 6558 S Oakley Ave
  • Address - House Number: 6558
  • Street Direction: S
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 2424
  • Zip Code: 60636

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,034
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 170,596
  • High Value: 214,557
  • Low Value: 126,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,397
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $222,397
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $20,510
  • Market Improvement Value: $29,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $2,051
  • Assessed Improvements Value: $2,949

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11860055041
  • Current Sale Price: $226,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2128706041
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Nov 16, 2020
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $222,397
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 6558 South Oakley Avenue located in?
The 6558 South Oakley Avenue is a located in the neighborhood of West Englewood in South Side, Chicago.
What is the average sales price for listings in 6558 South Oakley Avenue?
The average sales price for units in 6558 South Oakley Avenue is $0 currently.

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