This property
$270,000
$270,000
Similar homes for sale
$300,317
$300,317
Recently sold homes
$275,333
$275,333
5537 S Lafayette Ave, Chicago IL 60621
1 ba 1,044 sqft Single-Family Home|
Sold for $270,000 on Jan 8th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 1 |
| Price/sqft | $259 |
| Year built | 1894 |
| ZIP code | 60621 |
| Neighborhood | Washington Park |
Public Records
| Street # | 5537 |
| Street | S Lafayette Ave |
| City | Chicago |
| ZIP code | 60621 |
| Baths | 1.0 |
| Year built | 1894 |
| Sqft | 1,044 sqft |
| Lot Size | 0.06 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 01/08/2009 | Sold | $270,000 | Public record |
| 01/22/2007 | Sold | $325,000 | Public record |
| 05/12/2006 | Sold | $65,000 | Public record |
| 06/15/2005 | Sold | $48,000 | Public record |
Street view
Similar homes for sale
Average listing price is $300,317
Recently sold homes
Average sales price is $275,333
6714 S Champlain Ave, Chicago IL
Sold for $280,000 on 04/30/09
2 ba1,830 sqft
Single-Family Home
1.67 mi
3527 S Seeley Ave, Chicago IL
Sold for $222,000 on 05/18/09
1 ba1,166 sqft
Single-Family Home
3.60 mi
| This home | ||
|---|---|---|
| Sales price: | $270,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $300,317 | -10% |
| Avg. sales price: | $275,333 | -2% |
| Avg. price/sqft: | $267 | -3% |
| Compared to Washington Park | ||
|---|---|---|
| Avg. listing price: | $226,888 | +19% |
| Avg. sales price: | $163,727 | +65% |
| Avg. price/sqft: | $15 | +1627% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $270,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | -41% |
| Avg. sales price: | $302,073 | -11% |
| Avg. price/sqft: | $142 | +82% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
William Carter Elementary School
Chicago Public School District 299 |
Public | 0.26 | ||
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Sherwood Elementary School
Chicago Public School District 299 |
Public | 0.35 | ||
| When first enrolling my daughter in to Sherwood 2006-2007 school year I was apprehensive. My apprehension was due to the neighborhood youths and the community.… | ||||
|
Beasley Magnet Academic Center
Chicago Public School District 299 |
Public | 0.44 | ||
| My son has attended Beasley since the fourth grade and my feelings have been up and down. I can honestly say that the Some teachers actually care. They… | ||||
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Beasley Child Parent Center
|
Public | 0.52 | ||
|
Burke Elementary School
Chicago Public School District 299 |
Public | 0.58 | ||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:5537 S Lafayette Ave, Chicago IL 60621 |
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This Single-Family Home located at 5537 S Lafayette Ave, Chicago IL, 60621 sold for $270,000 on Jan 8, 2009. 5537 S Lafayette Ave is has 1 bath and approximately 1,044 square feet. The property has a lot size of 2,450 square feet and was built in 1894. 5537 S Lafayette Ave is in the Washington Park neighborhood in Chicago, IL and in ZIP Code 60621. The most recent sale price of $270,000 is 10% lower than the average list price of $300,317 for similar homes for sale, 19% higher than the average list price of $226,888 for Washington Park, 138% higher than the average list price of $113,313 for 60621, and 41% lower than the average list price of $460,585 for Chicago, IL. The most recent sale is 2% lower than the average sale price of $275,333 for similar homes for sale, 65% higher than the average sale price of $163,727 for Washington Park sold homes, 73% higher than the average sale price of $155,808 for 60621 sold homes, and 41% lower than the average sale price of $302,073 for Chicago sold homes. 5537 S Lafayette Ave previously sold for $270,000 on Jan 8, 2009, $325,000 on Jan 22, 2007, and $65,000 on May 12, 2006.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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