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2700 South Hamlin Avenue

2700 South Hamlin Avenue, Chicago, IL 60623
Commercial in Little Village
Sold Jun 03, 2022
$550,000
2700 South Hamlin Avenue in Chicago, IL was first built in 1913 and is 111 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 multifamily style. There are a total of 2 floors. There are a total of 16 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 2700 South Hamlin Avenue has 5,525 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. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 masonry 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 masonry. 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. 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, 2700 South Hamlin Avenue sold most recently in May 31, 2022 for a total of $550,000. If you work out the math, that's approximately a cost of $99.55 per sqft. 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 $5,965 in taxes each year. 2700 South Hamlin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,000. If we break it down further, the land itself was valued at $3,672. Improvements to the property, however, were assessed at a total of $25,328. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Block Exterior
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 6
  • Business/Commerical Units Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 5,525
  • Gross Building Area: 5,525
  • Building Area: 5,525
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,525
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: G W (CASS) SUB BLK 8 GOODWIN,BALESTIER,PHILLIPS SUB W H SW SEC 26-39-13

Ownership

  • Current Owner : BLDG 2700 HAMLIN LLC
  • Previous Owner : VELASCO JOSEFINA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 301701

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 012-114-05
  • District: 77
  • Parcel: 16-26-311-047-0000
  • Block: 8
  • Lot: 1
  • Meridian: SEC 26 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8424
  • Longitude: -87.72

    Address

  • Full Address: 2700 S Hamlin Ave
  • Address - House Number: 2700
  • Street Direction: S
  • Address - Street Name: Hamlin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C043
  • 4-Digit Zip Code: 4514
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,965
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 402,840
  • High Value: 505,773
  • Low Value: 299,906

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $36,720
  • Market Improvement Value: $253,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $25,328

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Transaction ID: 11905298552
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 47099

    Last Sale Mortgage

  • First Mortgage Lender: BAXTER CREDIT UNION
  • First Mortgage Transaction Date: Jun 03, 2022
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About West Side



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Frequently Asked Questions

What neighborhood is 2700 South Hamlin Avenue located in?
The 2700 South Hamlin Avenue is a commercial located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2700 South Hamlin Avenue?
The average sales price for units in 2700 South Hamlin Avenue is $0 currently.

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