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10639 South Wabash Avenue

10639 South Wabash Avenue, Chicago, IL 60628
Multifamily in Roseland
Sold Dec 14, 2021
$15,000
$210,000 by Bpl Mortgage Trust Llc
Mortgage Due Jan 01, 2054
10639 South Wabash Avenue 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 11 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 10639 South Wabash Avenue has 2,302 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 5,855 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 frame 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 wood. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10639 South Wabash Avenue sold most recently in Sep 28, 2021 for a total of $15,000. If you work out the math, that's approximately a cost of $6.52 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,444 in taxes each year. The initial year of tax delinquency occurred in 2021. 10639 South Wabash Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,000. If we break it down further, the land itself was valued at $5,562. Improvements to the property, however, were assessed at a total of $1,438. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

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: 11
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,855
  • Total Building Area: 2,302
  • Gross Building Area: 2,302
  • Building Area: 2,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.134
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : LOGAN KING INDUSTRIES LLC
  • Previous Owner : SIMMONS DOUGLAS J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 490902

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 25-15-119-076-0000
  • Meridian: SEC 15 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7005
  • Longitude: -87.6219

    Address

  • Full Address: 10639 S Wabash Ave
  • Address - House Number: 10639
  • Street Direction: S
  • Address - Street Name: Wabash
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C101
  • 4-Digit Zip Code: 2711
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,444
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70002

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 294,735
  • High Value: 370,045
  • Low Value: 219,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Open Lien Mortgage Recording Date: Jan 02, 2024
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $70,000
  • Market Land Value: $55,620
  • Market Improvement Value: $14,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,000
  • Assessed Land Value: $5,562
  • Assessed Improvements Value: $1,438

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Dec 14, 2021
  • Current Sale Transaction ID: 11874118233
  • Current Sale Price: $15,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2134834097

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 10639 South Wabash Avenue located in?
The 10639 South Wabash Avenue is a multifamily located in the neighborhood of Roseland in Far South Chicago, Chicago.
What is the average sales price for listings in 10639 South Wabash Avenue?
The average sales price for units in 10639 South Wabash Avenue is $0 currently.

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