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1824 South 50th Avenue

1824 South 50th Avenue, Cicero, IL 60804
Property in Cicero
Sold Jun 29, 1995
$123,000
$97,550 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2040
1824 South 50th Avenue in Cicero, IL was first built in 1924 and is 100 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 2 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1824 South 50th Avenue has 2,628 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. In total, the area measurement of the land is 3,780 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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. 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, 1824 South 50th Avenue sold most recently in Jun 19, 1995 for a total of $123,000. If you work out the math, that's approximately a cost of $46.80 per sqft. 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 $7,800 in taxes each year. 1824 South 50th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,000. If we break it down further, the land itself was valued at $4,347. Improvements to the property, however, were assessed at a total of $25,653. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Total Building Area: 2,628
  • Gross Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKHOLME SUB
  • Land Acres: 0.087
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (PARKHOLME) SUB OF BLK14 OF GRANT LAND ASSN RESUB IN SEC 21-39-13

Ownership

  • Current Owner : HERNANDEZ JUAN
  • Current Owner 2: GARCIA FIDEL
  • Previous Owner : AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813701

Geography

  • District: 15
  • Parcel: 16-21-411-033-0000
  • Block: 14
  • Lot: 13
  • Meridian: SEC 21 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8556
  • Longitude: -87.7496

    Address

  • Full Address: 1824 S 50th Ave
  • Address - House Number: 1824
  • Street Direction: S
  • Address - Street Name: 50th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Cicero
  • Carrier Code: C004
  • 4-Digit Zip Code: 2409
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,800
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 325,513
  • High Value: 408,687
  • Low Value: 242,338

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $149,850
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 03, 2010
  • First Open Lien Mortgage Loan Amount: $97,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2040
  • Second Open Lien Mortgage Lender: US SMALL BUSINESS ADMN
  • Second Open Lien Mortgage Recording Date: Oct 25, 2023
  • Second Open Lien Mortgage Loan Amount: $52,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • Second Open Lien Mortgage Loan Due Date: Oct 18, 2053

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $43,470
  • Market Improvement Value: $256,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $4,347
  • Assessed Improvements Value: $25,653

    Sales

  • Current Sale Contract Date: Jun 19, 1995
  • Current Sale Recording Date: Jun 29, 1995
  • Current Sale Transaction ID: 1132979908
  • Current Sale Price: $123,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 95420320

    Last Sale Mortgage

  • First Mortgage Lender: MIDAMERICA FSB
  • First Mortgage Transaction Date: Jun 29, 1995
  • First Mortgage Loan Amount: $116,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2025

About Cicero



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Unit for rent at 6120 West Cermak Road, CICERO, IL, 60804

$1,195 /mo

  • 1 Bed
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6120 West Cermak Road #3D, CICERO, IL, 60804 Listing by Howard Arbetman

Frequently Asked Questions

What neighborhood is 1824 South 50th Avenue located in?
The 1824 South 50th Avenue is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 1824 South 50th Avenue?
The average sales price for units in 1824 South 50th Avenue is $0 currently.

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