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2427 West Congress Parkway

2427 West Congress Parkway, Chicago, IL 60612
Property in Lawndale
Sold May 25, 2016
$212,500
$212,905 by Vanderbilt Mortgage & Finance
Mortgage Due Feb 01, 2051
Sold Oct 06, 1994
$9,000
Local assessors in Chicago, IL have categorized 2427 West Congress Parkway as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 2,896 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home 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 2427 West Congress Parkway has a total of 1,641 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. The home sources its water from a municipal system. 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 masonry 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. There are 2 fireplaces in the home which may result in additional cleaning fees for the homeowner. 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, 2427 West Congress Parkway was last sold in May 13, 2016 for $212,500. According to our calculations, that's $129.49 per sqft. Prior to that sales transaction, the property was sold for $9,000 in Sep 30, 1994. Current property owners are expected to pay $3,506 in taxes per year. The property on 2427 West Congress Parkway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,408. To break that down further, the land itself was valued at $6,082. While improvements to the property were assessed at a total of $14,326. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

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: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,896
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,641
  • Gross Building Area: 1,641
  • Building Area: 1,641
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,641
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROCKWELLS ADD
  • Land Acres: 0.067
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (SUBDIVISION) OF NH LT 19 BLK 5 ROCKWELLS ADD TO CHGO NE SEC 13-39-13

Ownership

  • Current Owner : GALLARDO JORGE
  • Previous Owner : VILLALOBOS SANDI
  • Owner Before Previous Owner: A M INVESTMENTS CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 282700

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: 011-134-04
  • District: 77
  • Parcel: 16-13-234-020-0000
  • Block: 5
  • Lot: 19
  • Meridian: SEC 13 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8747
  • Longitude: -87.6874

    Address

  • Full Address: 2427 W Congress Pkwy
  • Address - House Number: 2427
  • Street Direction: W
  • Address - Street Name: Congress
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C033
  • 4-Digit Zip Code: 3534
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,506
  • Tax Rate Code Area: 77104

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 360,620
  • High Value: 452,765
  • Low Value: 268,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,905
  • First Open Lien Mortgage Lender: VANDERBILT MORTGAGE & FINANCE
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $212,905
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $204,080
  • Market Land Value: $60,820
  • Market Improvement Value: $143,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,408
  • Assessed Land Value: $6,082
  • Assessed Improvements Value: $14,326

    Sales

  • Current Sale Contract Date: May 13, 2016
  • Current Sale Recording Date: May 25, 2016
  • Current Sale Transaction ID: 1600308952
  • Current Sale Price: $212,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1614619189
  • Previous Sale Recording Date: Oct 06, 1994
  • Previous Sale Contract Date: Sep 30, 1994
  • Previous Sale Amount: $9,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 25, 2016
  • First Mortgage Loan Amount: $232,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2046

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Frequently Asked Questions

What neighborhood is 2427 West Congress Parkway located in?
The 2427 West Congress Parkway is a located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 2427 West Congress Parkway?
The average sales price for units in 2427 West Congress Parkway is $0 currently.

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