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1045 West 31st Place

1045 West 31st Place, Chicago, IL 60608
Multifamily in Bridgeport
Sold Oct 17, 2019
$378,000
$283,500 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2049
1045 West 31st Place in Chicago, IL was first built in 1890 and is 134 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 multifamily style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1045 West 31st Place has 2,400 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. In total, the area measurement of the land is 2,976 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 detached garage. There are a total of 2 available parking spaces. 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 hot water heating system. 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, 1045 West 31st Place was last sold in Oct 10, 2019 for $378,000. According to our calculations, that's $157.50 per sqft. Current property owners are expected to pay $7,199 in taxes per year. The property on 1045 West 31st Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,000. To break that down further, the land itself was valued at $11,904. While improvements to the property were assessed at a total of $23,096. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,976
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIXONS SUB
  • Land Acres: 0.068
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (DIXONS) SUB OF SH OF BLK1 IN ASSESSORS DIV OF NW & W H NE NH SEC 32-39-14

Ownership

  • Current Owner : GUZMAN SALVADOR R
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 600900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Dec 03, 2004
  • District: 76
  • Parcel: 17-32-206-007-0000
  • Block: 1
  • Lot: 37
  • Meridian: SEC 32 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8368
  • Longitude: -87.6529

    Address

  • Full Address: 1045 W 31st Pl
  • Address - House Number: 1045
  • Street Direction: W
  • Address - Street Name: 31st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 6501
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,199
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 432,323
  • High Value: 542,789
  • Low Value: 321,856

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 17, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $283,500
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $119,040
  • Market Improvement Value: $230,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $11,904
  • Assessed Improvements Value: $23,096

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 17, 2019
  • Current Sale Transaction ID: 11662334604
  • Current Sale Price: $378,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1929049103

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 17, 2019
  • First Mortgage Loan Amount: $283,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Side



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Frequently Asked Questions

What neighborhood is 1045 West 31st Place located in?
The 1045 West 31st Place is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 1045 West 31st Place?
The average sales price for units in 1045 West 31st Place is $378,000 currently.

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