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824 East 53rd Street

824 East 53rd Street, Chicago, IL 60615
Property in Hyde Park
Sold Oct 13, 1993
$216,666
Local assessors in Chicago, IL have categorized 824 East 53rd Street as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 18,080 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 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, 824 East 53rd Street was last sold in Jul 29, 1993 for $216,666. Current property owners are expected to pay $57,324 in taxes per year. The property on 824 East 53rd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $278,704. To break that down further, the land itself was valued at $13,560. While improvements to the property were assessed at a total of $265,144. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 60
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,080
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMITHS SUB
  • Land Acres: 0.415
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (RESUBDIVISION) OF BLK 10 IN DREXEL & SMITHS SUB OF W H OF NW & WH OF WH OF SW OF WH WH SEC 11-38-14

Ownership

  • Current Owner : WILKES GURVAYSE V
  • Previous Owner : AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 410500

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-11-306-012-0000
  • Block: 10
  • Lot: 14,13
  • Meridian: SEC 11 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.799
  • Longitude: -87.6051

    Address

  • Full Address: 824 E 53rd St
  • Address - House Number: 824
  • Street Direction: E
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C066
  • 4-Digit Zip Code: 4963
  • Zip Code: 60615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,324
  • Tax Rate Code Area: 70001

    Market Valuation

  • Market Total Value: $2,787,040
  • Market Land Value: $135,600
  • Market Improvement Value: $2,651,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $278,704
  • Assessed Land Value: $13,560
  • Assessed Improvements Value: $265,144

    Sales

  • Current Sale Contract Date: Jul 29, 1993
  • Current Sale Recording Date: Oct 13, 1993
  • Current Sale Transaction ID: 1074417310
  • Current Sale Price: $216,666
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 93822477

    Last Sale Mortgage

  • First Mortgage Lender: LASALLE NATIONAL BANK
  • First Mortgage Transaction Date: Oct 13, 1993
  • First Mortgage Loan Amount: $845,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 1996

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Frequently Asked Questions

What neighborhood is 824 East 53rd Street located in?
The 824 East 53rd Street is a located in the neighborhood of Hyde Park in Far South Chicago, Chicago.
What is the average sales price for listings in 824 East 53rd Street?
The average sales price for units in 824 East 53rd Street is $0 currently.

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