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10623 South Mackinaw Avenue

10623 South Mackinaw Avenue, Chicago, IL 60617
Property in East Side
Sold Mar 15, 2023
$120,000
Sold Feb 04, 2005
$50,000
$49,900 by Midamerica Bank Fsb
Mortgage Due Feb 01, 2035
10623 South Mackinaw 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 1892 and is 132 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 10623 South Mackinaw Avenue has 907 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 tar and gravel. 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 hot water heating system. Finally, the property is currently sourcing its water from a municipal system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10623 South Mackinaw Avenue sold most recently in Mar 7, 2023 for a total of $120,000. If you work out the math, that's approximately a cost of $132.30 per sqft. Before that, the property was also sold for $50,000 in Jan 24, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,238 in taxes each year. 10623 South Mackinaw Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,000. If we break it down further, the land itself was valued at $3,125. Improvements to the property, however, were assessed at a total of $2,875. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • 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: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 907
  • Gross Building Area: 907
  • Building Area: 907
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 907
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TURNERS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (TURNERS) SUB OF WH OF NE NE NE SEC 18-37-15

Ownership

  • Current Owner : LARA ENRIQUE
  • Current Owner 2: LARA WILDA
  • Previous Owner : ARTEAGA VICTOR
  • Owner Before Previous Owner: MUNOZ FELIX

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 520300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 26-18-203-015-0000
  • Lot: 15
  • Meridian: SEC 18 TWN 37N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.702
  • Longitude: -87.5422

    Address

  • Full Address: 10623 S Mackinaw Ave
  • Address - House Number: 10623
  • Street Direction: S
  • Address - Street Name: Mackinaw
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C027
  • 4-Digit Zip Code: 6504
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,238
  • Tax Rate Code Area: 70002

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 142,824
  • High Value: 164,381
  • Low Value: 121,266

    Market Valuation

  • Market Total Value: $60,000
  • Market Land Value: $31,250
  • Market Improvement Value: $28,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,000
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $2,875

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Transaction ID: 11903727007
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28013
  • Previous Sale Recording Date: Feb 04, 2005
  • Previous Sale Contract Date: Jan 24, 2005
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA BANK FSB
  • Previous Mortgage Transaction Date: Feb 04, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $49,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Far South Chicago



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 10730 S Avenue N, Chicago, IL, 60617

$1,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
10730 S Avenue N, Chicago, IL, 60617 Listing by Michael Fisher

Frequently Asked Questions

What neighborhood is 10623 South Mackinaw Avenue located in?
The 10623 South Mackinaw Avenue is a located in the neighborhood of East Side in Far South Chicago, Chicago.
What is the average sales price for listings in 10623 South Mackinaw Avenue?
The average sales price for units in 10623 South Mackinaw Avenue is $0 currently.

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