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1640 West 33rd Street

1640 West 33rd Street, Chicago, IL 60608
Multifamily in McKinley Park
Sold Sep 12, 2017
$168,000
$88,000 by Pacific Global Bank
Mortgage Due Oct 01, 2047
Sold Oct 04, 2010
$140,000
$90,000 by Cathay Bank
Mortgage Due Oct 01, 2025
Local assessors in Chicago, IL have categorized 1640 West 33rd Street as a residential type of property. The home was built in 1873 and is 151 years old. The property's lot size has been calculated to be 1,818 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1640 West 33rd Street has a total of 1,966 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 masonry 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. 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, 1640 West 33rd Street sold most recently in Sep 7, 2017 for a total of $168,000. If you work out the math, that's approximately a cost of $85.45 per sqft. Before that, the property was also sold for $140,000 in Aug 6, 2010. 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 $3,497 in taxes each year. 1640 West 33rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $4,545. Improvements to the property, however, were assessed at a total of $12,455. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1873
  • Effective Year Built: 1873
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,818
  • Total Building Area: 1,966
  • Gross Building Area: 1,966
  • Building Area: 1,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALKERS
  • Land Acres: 0.042
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : LI ZHENFENG
  • Previous Owner : NHAN DUNG CHI
  • Previous Owner 2: CHEN MEI YI
  • Owner Before Previous Owner: AURORA LOAN SERVICES LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840400

Zoning

  • Zoning: RS-3

Geography

  • District: 76
  • Parcel: 17-31-215-036-0000
  • Lot: 63
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8343
  • Longitude: -87.6672

    Address

  • Full Address: 1640 W 33rd St
  • Address - House Number: 1640
  • Street Direction: W
  • Address - Street Name: 33rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 6218
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,497
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 343,874
  • High Value: 431,740
  • Low Value: 256,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,000
  • First Open Lien Mortgage Lender: PACIFIC GLOBAL BANK
  • First Open Lien Mortgage Recording Date: Sep 12, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $88,000
  • 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, 2047

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $45,450
  • Market Improvement Value: $124,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $4,545
  • Assessed Improvements Value: $12,455

    Sales

  • Current Sale Contract Date: Sep 07, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Transaction ID: 1733325335
  • Current Sale Price: $168,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1725501139
  • Previous Sale Recording Date: Oct 04, 2010
  • Previous Sale Contract Date: Aug 06, 2010
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC GLOBAL BANK
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $88,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CATHAY BANK
  • Previous Mortgage Transaction Date: Oct 04, 2010
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2025

About Southwest Side



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Frequently Asked Questions

What neighborhood is 1640 West 33rd Street located in?
The 1640 West 33rd Street is a multifamily located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 1640 West 33rd Street?
The average sales price for units in 1640 West 33rd Street is $0 currently.

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