5550 South New England Avenue
5550 South New England Avenue, Chicago, IL 60638
Property
in
Garfield Ridge
Sold Aug 09, 2021
$345,000
Buyer
$338,751
by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold Aug 15, 1994
$192,000
Seller
$105,000
by Standard Federal Bank For Svgs
Mortgage Due Sep 01, 2024
5550 South New England Avenue in Chicago, IL was first built in 1947 and is 77 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 bungalow style.
There are a total of 2 floors.
There are a total of 5 rooms in the home, of which, 2 are bedrooms.
In terms of bathrooms, there is only one bathroom.
There are 2 partial bathrooms.
5550 South New England Avenue has 1,164 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 400 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 5,040 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 no garage. 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 heating system. The property was last sold in Jul 21, 2021 for $345,000. That's $296.39 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 1994 for $192,000. 5550 South New England Avenue was last assessed in 2023. The total value of the property was assessed at $23,000. Specifically, the land the property is located on was valued at $6,300. While improvements on the property were assessed at a total of $16,700. 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 $4,758. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.
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 no garage. 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 heating system. The property was last sold in Jul 21, 2021 for $345,000. That's $296.39 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 1994 for $192,000. 5550 South New England Avenue was last assessed in 2023. The total value of the property was assessed at $23,000. Specifically, the land the property is located on was valued at $6,300. While improvements on the property were assessed at a total of $16,700. 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 $4,758. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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
Building
Neighborhood
Zoning
Geography
About Southwest Side
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