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2322 West 80th Street

2322 West 80th Street, Chicago, IL 60620
Property in Beverly View
Sold Aug 08, 2019
$226,500
$222,397 by Chicago Financial Services Inc
Mortgage Due Aug 01, 2049
Sold Nov 23, 2018
$108,500
2322 West 80th Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2322 West 80th Street has 1,170 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a 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, 2322 West 80th Street sold most recently in Jul 31, 2019 for a total of $226,500. If you work out the math, that's approximately a cost of $193.59 per sqft. Before that, the property was also sold for $108,500 in Jun 29, 2018. 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 $3,702 in taxes each year. 2322 West 80th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,000. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $15,000. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTERN AVE & 80TH
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WESTERN) AVE & (80TH) ST RESUB OF LTS 1-45 BOTH INCL IN BLK 2 IN C A BECKWITHS SUB NW SEC 31-38-14

Ownership

  • Current Owner : BROWN GLORIA
  • Previous Owner : BCL HOME REHAB SUB 1 LLC
  • Owner Before Previous Owner: THE JUDICIAL SALES CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700501

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-31-104-031-0000
  • Block: 2
  • Lot: 1-45
  • Meridian: SEC 31 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7486
  • Longitude: -87.6814

    Address

  • Full Address: 2322 W 80th St
  • Address - House Number: 2322
  • Street Direction: W
  • Address - Street Name: 80th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C061
  • 4-Digit Zip Code: 5909
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,702
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2573
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 272,242
  • High Value: 342,318
  • Low Value: 202,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,397
  • First Open Lien Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • First Open Lien Mortgage Recording Date: Aug 08, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $222,397
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $30,000
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Jul 31, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Transaction ID: 11634258344
  • Current Sale Price: $226,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1922046271
  • Previous Sale Recording Date: Nov 23, 2018
  • Previous Sale Contract Date: Jun 29, 2018
  • Previous Sale Amount: $108,500
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • First Mortgage Transaction Date: Aug 08, 2019
  • First Mortgage Loan Amount: $222,397
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Nearby Rentals

Unit for rent at 1237 W Marquette Road, Chicago, IL, 60636

$875 /mo

  • 2 Beds
  • 1 Bath
  • 3,125 ft²
1237 W Marquette Road #2W, Chicago, IL, 60636 Listing by Katrina Singleton

Frequently Asked Questions

What neighborhood is 2322 West 80th Street located in?
The 2322 West 80th Street is a located in the neighborhood of Beverly View in South Side, Chicago.
What is the average sales price for listings in 2322 West 80th Street?
The average sales price for units in 2322 West 80th Street is $0 currently.

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