NOT LISTED FOR SALE

5505 W Rice St Chicago, IL 60651

Austin Neighborhood

Estimated Value: $234,000 - $278,748

8 Beds
3 Baths
2,352 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $160,000 $68 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,578/month

15 Days on Market

About This Home

As of November 2018

Really nice clean 2 flat, wide lot, great spacious units with hardwood floors throughout. 1st floor 2 bedrooms/1 bath, 2nd floor 2 bedrooms/1 bath, kitchen with plenty of cabinets, 2 additional bedrooms in the attic, full finished basement with 2 bedrooms and 1 bathroom, individual heat, detached garage. New roof and furnace. Don't miss this great opportunity! SOLD AS IS!!!!!

Last Agent to Sell the Property

German Llanos

24 Hour Real Estate LLC License #471001789 Listed on: 09/17/2018

Last Buyer's Agent

Clemente Lopez

Chicagoland Brokers, Inc. License #475128961

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,994

Lot Details

  • 4,879

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,994

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 4880
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2994
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2021
Sold by
Martinez Raymundo
Bought by
Delgado Oscar Ocampo and Lopez Aracely Barragan
Current Estimated Value
$260,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$100,833
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$159,854

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 16, 2018
Sold by
Morales Luis A and Chilel Sulmu J
Bought by
Martinez Raymundo S
Seller's Agent
German Llanos
24 Hour Real Estate LLC
Buyer's Agent
Clemente Lopez
Chicagoland Brokers, Inc.
List Price
$125,000
Sold Price
$160,000
Premium/Discount to List
$35,000
28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$120,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2016
Closed on
Oct 11, 2016
Sold by
Secretary Of Hud
Bought by
Morales Luis A and Chilel Sulma E
Seller's Agent
Jason Shapiro
RISING REALTY LLC
Buyer's Agent
Victor Vita
Vylla Home
List Price
$70,000
Sold Price
$75,000
Premium/Discount to List
$5,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.45%

Purchase Details

Closed on
Apr 18, 2014
Sold by
Cajigas Dilaila
Bought by
Secretary Of Hud

Purchase Details

Closed on
May 25, 2006
Sold by
Mccalister George and Mccalister Dorothy
Bought by
Cajigas Dilaila and Bonilla Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,447
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1999
Sold by
Cosmopolitan Bank & Trust
Bought by
Mccalister George and Mccalister Dorothy H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Delgado Oscar Ocampo $120,000 Attorney
Martinez Raymundo S $160,000 Alta Commitment For Title In
Morales Luis A -- Chicago Title
Secretary Of Hud -- Attorney
Cajigas Dilaila $255,000 Git
Mccalister George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Oscar Ocampo $108,000
Previous Owner Martinez Raymundo S $120,000
Previous Owner Cajigas Dilaila $251,447
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2018 11/16/18 Sold $160,000 +28.0% $68 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $125,000 0.0% $53 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $125,000 +66.7% $53 / Sq Ft
10/11/2016 10/11/16 Sold $75,000 +7.1% $32 / Sq Ft View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $70,000 -- $30 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,532 $19,700 $5,856 $13,844
2023 $2,468 $12,000 $4,636 $7,364
2022 $2,468 $12,000 $4,636 $7,364
2021 $2,413 $12,000 $4,636 $7,364
2020 $4,785 $21,480 $4,148 $17,332
2019 $4,795 $23,867 $4,148 $19,719
2018 $4,036 $23,867 $4,148 $19,719
2017 $3,756 $17,448 $3,660 $13,788
2016 $2,994 $17,448 $3,660 $13,788
2015 $2,717 $17,448 $3,660 $13,788
2014 $2,380 $15,396 $3,416 $11,980
2013 $2,322 $15,396 $3,416 $11,980
Source: Public Records

Agents Affiliated with this Home

  • German Llanos

    Seller's Agent in 2018

    German Llanos

    24 Hour Real Estate LLC

    (312) 291-8047

    67 Total Sales

    German Llanos
    Section Image

  • C

    Buyer's Agent in 2018

    Clemente Lopez

    Chicagoland Brokers, Inc.

    (708) 280-5262

    4 in this area

    47 Total Sales

    Clemente Lopez
    Section Image

  • J

    Seller's Agent in 2016

    Jason Shapiro

    RISING REALTY LLC

    1 in this area

    33 Total Sales

    Jason Shapiro
    Section Image
  • Victor Vita

    Buyer's Agent in 2016

    Victor Vita

    Vylla Home

    (877) 330-2773

    1 in this area

    28 Total Sales

    Victor Vita
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10085359

Midwest Real Estate Data (MRED)

APN: 16-04-326-009-0000

Illinois Cook County Chicago 60651 Austin

5505 W Rice St, Chicago, IL

This home is located at 5505 W Rice St, Chicago, IL 60651 since 17 September 2018 and is currently estimated at $260,687, approximately $110 per square foot. 5505 W Rice St is a home located in Cook County with nearby schools including Moving Everest Charter School, The Field School, and St Paul Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes