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5049 W 118th St; Alsip, IL Property Details

5049 W 118th St, Alsip, IL is a Single Family that was built in 1974. This property is currently Financed,Bank Sale and is not for sale. Our records show that 5049 W 118th St has 3 bedrooms, and 1 bathroom, and a total of 1,121 square feet. The lot size of 5049 W 118th St is 8,175 square feet.

Off market
5049 W 118th St Alsip, IL 60803
$20,000 Estimated Value
3 Beds
1 Baths
1,121 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1974
  • Purchase Price: $142,000
  • Open Loans / Balance: 2 / $132,403
  • Est. Equity / %: $136,597 / 50.78%
  • Gross Yield: 12.062%
  • APN: 24-21-426-017-0000
  • Situs County: Cook
  • Length Of Ownership: 25 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,121/SqFt
  • Lot: 8,175/SqFt
  • Gross: 1,121/SqFt
  • Living: 1,121/SqFt
  • Building: 1,121/SqFt
  • Ground: 1,121/SqFt
  • Price Per Square Foot: $126.67

Legal Description

  • Description: VERNON (WOLFFS) RESUB OF LT134 IN CICERO AVE ACRES SU B OF SE SEC 21-37-13
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community High School District 218
  • Lat / Lon: 41.677807 / -87.74626
  • Subdivision: Vernon Wolffs Resub Of Lt134 In Cicero
  • Property Class: Residential
  • County Use Code: 2-03

Amenities

  • Plus Four: 3906
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

5049 W 118th St has no associated ownership info
5049 W 118th St has no associated ownership info.

Taxes

5049 W 118th St has 10 associated Taxes items

5049 W 118th St, Alsip, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $20,000. The APN we've located for 5049 W 118th St is 24-21-426-017-0000.

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Taxes
  • Assessed Value:  $20,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  24-21-426-017-0000
  • Assessed Land Value:  4905
  • Market Land Value:  49050
  • Tax Amount:  5528
  • Tax Year:  2023
  • Market Value:  200000
  • Market Year:  2025

Tax History

5049 W 118th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,000 Land Value $4,905 Improvement Value $15,095 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $20,000 Land Value $4,905 Improvement Value $15,095 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,528 Change Rate +0.10627% Assessed CR Tax Rate
Year 2022 Assessed Value $15,863 Land Value $4,292 Improvement Value $11,571 Tax Amount $4,996.97 Change Rate +0.043664% Assessed CR Tax Rate +0.315008%
Year 2021 Assessed Value $15,862 Land Value $4,291 Improvement Value $11,571 Tax Amount $4,787.91 Change Rate -0.006324% Assessed CR Tax Rate +0.301848%
Year 2020 Assessed Value $15,862 Land Value $4,291 Improvement Value $11,571 Tax Amount $4,818.38 Change Rate +0.050772% Assessed CR Tax Rate +0.303769%
Year 2019 Assessed Value $15,135 Land Value $3,883 Improvement Value $11,252 Tax Amount $4,585.56 Change Rate -0.03083% Assessed CR Tax Rate +0.302977%
Year 2018 Assessed Value $15,982 Land Value $3,883 Improvement Value $12,099 Tax Amount $4,731.43 Change Rate -0.011871% Assessed CR Tax Rate +0.296047%
Year 2017 Assessed Value $15,982 Land Value $3,883 Improvement Value $12,099 Tax Amount $4,788.27 Change Rate +0.154732% Assessed CR Tax Rate +0.299604%
Year 2016 Assessed Value $13,193 Land Value $3,270 Improvement Value $9,923 Tax Amount $4,146.65 Change Rate +0.020003% Assessed CR Tax Rate +0.314307%
Year 2015 Assessed Value $13,193 Land Value $3,270 Improvement Value $9,923 Tax Amount $4,065.33 Change Rate +0.030546% Assessed CR Tax Rate +0.308143%
Year 2014 Assessed Value $13,193 Land Value $3,270 Improvement Value $9,923 Tax Amount $3,944.83 Change Rate -0.088137% Assessed CR Tax Rate +0.299009%
Year 2013 Assessed Value $15,229 Land Value $3,270 Improvement Value $11,959 Tax Amount $4,326.12 Change Rate Assessed CR Tax Rate +0.284071%