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5859 North Magnolia Avenue

5859 North Magnolia Avenue, Chicago, IL 60660
Property in Magnolia Glen
Sold Jan 23, 2019
$650,000
Sold Oct 10, 2013
Transfer
5859 North Magnolia Avenue in Chicago, IL was first built in 1915 and is 109 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 18 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5859 North Magnolia Avenue has 4,863 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 330 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 4,170 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 22, 2019 for $650,000. That's $133.66 per sqft. 5859 North Magnolia Avenue was last assessed in 2023. The total value of the property was assessed at $67,304. Specifically, the land the property is located on was valued at $33,360. While improvements on the property were assessed at a total of $33,944. 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 $13,843. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,170
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 330
  • Total Building Area: 4,863
  • Gross Building Area: 4,863
  • Building Area: 4,863
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,863
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSEDALE ADD TO EDGEWATER
  • Land Acres: 0.096
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (ROSEDALE) ADD TO (EDGEWATER) SEC 05-40-14

Ownership

  • Current Owner : MORENO ADAN
  • Current Owner 2: MORENO MIRELLA
  • Previous Owner : PEREZ MELINDA K
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 030500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 17N-34-04
  • District: 73
  • Parcel: 14-05-315-004-0000
  • Block: 1
  • Lot: 43
  • Meridian: SEC 05 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9886
  • Longitude: -87.6611

    Address

  • Full Address: 5859 N Magnolia Ave
  • Address - House Number: 5859
  • Street Direction: N
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C089
  • 4-Digit Zip Code: 3415
  • Zip Code: 60660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,843
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 602,286
  • High Value: 693,192
  • Low Value: 511,379

    Market Valuation

  • Market Total Value: $673,040
  • Market Land Value: $333,600
  • Market Improvement Value: $339,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,304
  • Assessed Land Value: $33,360
  • Assessed Improvements Value: $33,944

    Sales

  • Current Sale Contract Date: Jan 22, 2019
  • Current Sale Recording Date: Jan 23, 2019
  • Current Sale Transaction ID: 11562147195
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1902357213
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Contract Date: Oct 08, 2013
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN METRO BANK
  • First Mortgage Transaction Date: Jan 23, 2019
  • First Mortgage Loan Amount: $455,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 23, 2024

    Financing

  • First Mortgage Financing Type: Unknown

About North Side



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Frequently Asked Questions

What neighborhood is 5859 North Magnolia Avenue located in?
The 5859 North Magnolia Avenue is a located in the neighborhood of Magnolia Glen in North Side, Chicago.
What is the average sales price for listings in 5859 North Magnolia Avenue?
The average sales price for units in 5859 North Magnolia Avenue is $0 currently.

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