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5517 South Blackstone Avenue

5517 South Blackstone Avenue, Chicago, IL 60637
Property in Hyde Park
Sold Jul 24, 2020
$920,000
$628,000 by Fifth Third Bank
Mortgage Due Jul 01, 2050
Sold Jan 09, 2013
$587,500
$403,750 by Van Dyk Mortgage Corp
Mortgage Due Jan 01, 2043
Local assessors in Chicago, IL have categorized 5517 South Blackstone Avenue as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 3,750 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5517 South Blackstone Avenue has a total of 2,160 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 masonry 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 masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5517 South Blackstone Avenue was last sold in May 29, 2020 for $920,000. According to our calculations, that's $425.93 per sqft. Prior to that sales transaction, the property was sold for $587,500 in Aug 13, 2012. Current property owners are expected to pay $15,060 in taxes per year. The property on 5517 South Blackstone Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $76,638. To break that down further, the land itself was valued at $18,750. While improvements to the property were assessed at a total of $57,888. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HYDE PARK
  • Land Acres: 0.086
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: NORTH2 LOT21 BLK37 E2 NE4 SEC11 PAR T SW4 SEC12 & NE4 NE4 SEC11

Ownership

  • Current Owner : FILIP SIMION
  • Current Owner 2: SHABTAY TALIA
  • Previous Owner : WHITE JOHN C
  • Previous Owner 2: WHITE HIROKO
  • Owner Before Previous Owner: LOEB BRUCE
  • Owner Before Previous Owner 2: LOEB MARCIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 411100

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 014-106-07
  • District: 70
  • Parcel: 20-14-204-106-0000
  • Block: 57
  • Lot: 21
  • Meridian: SEC 14 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7946
  • Longitude: -87.59

    Address

  • Full Address: 5517 S Blackstone Ave
  • Address - House Number: 5517
  • Street Direction: S
  • Address - Street Name: Blackstone
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 1833
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,060
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2361
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 917,291
  • High Value: 1,133,909
  • Low Value: 700,673

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $828,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Jul 24, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $628,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050
  • Second Open Lien Mortgage Lender: THE UNIVERISTY OF CHICAGO
  • Second Open Lien Mortgage Recording Date: Jul 24, 2020
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Jun 30, 2030

    Market Valuation

  • Market Total Value: $766,380
  • Market Land Value: $187,500
  • Market Improvement Value: $578,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,638
  • Assessed Land Value: $18,750
  • Assessed Improvements Value: $57,888

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Transaction ID: 11775301893
  • Current Sale Price: $920,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020639145
  • Previous Sale Recording Date: Jan 09, 2013
  • Previous Sale Contract Date: Aug 13, 2012
  • Previous Sale Amount: $587,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Jul 24, 2020
  • First Mortgage Loan Amount: $628,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: VAN DYK MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 09, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $403,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 5517 South Blackstone Avenue located in?
The 5517 South Blackstone Avenue is a located in the neighborhood of Hyde Park in Far South Chicago, Chicago.
What is the average sales price for listings in 5517 South Blackstone Avenue?
The average sales price for units in 5517 South Blackstone Avenue is $0 currently.

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