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1159 West 112th Street

1159 West 112th Street, Chicago, IL 60643
House in Morgan Park
Sold Jan 07, 2019
$120,000
$148,000 by Civic Financial Services Llc
Mortgage Due Oct 01, 2050
Local assessors in Chicago, IL have categorized 1159 West 112th Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 3,422 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1159 West 112th Street has a total of 969 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1159 West 112th Street was last sold in Dec 27, 2018 for $120,000. According to our calculations, that's $123.84 per sqft. Current property owners are expected to pay $1,650 in taxes per year. The property on 1159 West 112th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,000. To break that down further, the land itself was valued at $2,224. While improvements to the property were assessed at a total of $5,776. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,422
  • Total Building Area: 969
  • Gross Building Area: 969
  • Building Area: 969
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 969
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JERNBERGS SUB
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (JERNBERGS) SUB OF BLKS 2 5-8 & 11-28 & RESUB OF BLK 4 OF ROOD & WESTONS ADD TO MORGAN PARK SUB OF WH OF NE EX N 20ACS & EH O

Ownership

  • Current Owner : FG HOLDINGS LLC
  • Previous Owner : FOSTER MARILYN M
  • Previous Owner 2: FOSTER DARRYL
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750600

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-20-208-001-0000
  • Block: 2,4
  • Lot: 24
  • Meridian: SEC 20 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6902
  • Longitude: -87.6519

    Address

  • Full Address: 1159 W 112th St
  • Address - House Number: 1159
  • Street Direction: W
  • Address - Street Name: 112th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C025
  • 4-Digit Zip Code: 4515
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,650
  • Tax Rate Code Area: 72201

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 237,582
  • High Value: 261,604
  • Low Value: 213,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $148,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $22,240
  • Market Improvement Value: $57,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,000
  • Assessed Land Value: $2,224
  • Assessed Improvements Value: $5,776

    Sales

  • Current Sale Contract Date: Dec 27, 2018
  • Current Sale Recording Date: Jan 07, 2019
  • Current Sale Transaction ID: 11558100833
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1900747064

    Last Sale Mortgage

  • First Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Mortgage Transaction Date: Jan 07, 2019
  • First Mortgage Loan Amount: $121,797
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 1159 West 112th Street located in?
The 1159 West 112th Street is a house located in the neighborhood of Morgan Park in Far South Chicago, Chicago.
What is the average sales price for listings in 1159 West 112th Street?
The average sales price for units in 1159 West 112th Street is $0 currently.

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