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223 East 118th Street

223 East 118th Street, Chicago, IL 60628
Sold May 29, 2019
$25,000
Sold Jul 20, 2010
$95,000
$93,700 by James F Messinger & Company In
Mortgage Due Jul 01, 2040
223 East 118th Street in Chicago, IL was first built in 1915 and is 109 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 bungalow style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 223 East 118th Street has 1,310 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. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,025 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. 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. 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, 223 East 118th Street was last sold in May 10, 2019 for $25,000. According to our calculations, that's $19.08 per sqft. Prior to that sales transaction, the property was sold for $95,000 in Jun 23, 2010. Current property owners are expected to pay $841 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 223 East 118th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,077. To break that down further, the land itself was valued at $2,874. While improvements to the property were assessed at a total of $1,203. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,025
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,310
  • Gross Building Area: 1,310
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAINT SALOMAES SECOND
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SAINT)(SALOMAES)(SECOND) SUB OF BLK6 EX W 141FT OF F IRST ADD TO KENSINGTON SUB OF S 20ACS OF NH SW EX NE 4ACS & SH SW EX RR

Ownership

  • Current Owner : K & M INVESTMENTS ENTERPRISE LLC
  • Previous Owner : BAKER SHERYE
  • Owner Before Previous Owner: FIRST MIDWEST BANK
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 530100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 25-22-322-024-0000
  • Block: 6
  • Lot: 2
  • Meridian: SEC 22 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.6796
  • Longitude: -87.6169

    Address

  • Full Address: 223 E 118th St
  • Address - House Number: 223
  • Street Direction: E
  • Address - Street Name: 118th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C102
  • 4-Digit Zip Code: 6203
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $841
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70002

    Appraisal Valuation

  • Standard Deviation: 0.2727
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 99,758
  • High Value: 126,970
  • Low Value: 72,545

    Market Valuation

  • Market Total Value: $40,770
  • Market Land Value: $28,740
  • Market Improvement Value: $12,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,077
  • Assessed Land Value: $2,874
  • Assessed Improvements Value: $1,203

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 29, 2019
  • Current Sale Transaction ID: 11609385435
  • Current Sale Price: $25,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1914946043
  • Previous Sale Recording Date: Jul 20, 2010
  • Previous Sale Contract Date: Jun 23, 2010
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Previous Mortgages

  • Previous Mortgage Lender: JAMES F MESSINGER & COMPANY IN
  • Previous Mortgage Transaction Date: Jul 20, 2010
  • Previous Mortgage Loan Amount: $93,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 223 East 118th Street located in?
The 223 East 118th Street is a house located in the neighborhood of West Pullman in Far South Chicago, Chicago.
What is the average sales price for listings in 223 East 118th Street?
The average sales price for units in 223 East 118th Street is $0 currently.

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