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2819 West 40th Street

2819 West 40th Street, Chicago, IL 60632
Property in Brighton Park
Sold Jul 24, 2013
$255,000
$160,000 by Citibank Na
Mortgage Due Jul 01, 2028
Sold Dec 22, 2004
$55,000
$38,500 by State Financial Bank Na
Mortgage Due Nov 23, 2005
2819 West 40th 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 2016 and is 8 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. 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, 2819 West 40th Street has 1,300 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,021 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 central air conditioning at the moment. In terms of heating, it is utilizing a 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, 2819 West 40th Street was last sold in Jun 27, 2013 for $255,000. According to our calculations, that's $196.15 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Nov 23, 2004. Current property owners are expected to pay $5,734 in taxes per year. The property on 2819 West 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,296. To break that down further, the land itself was valued at $3,021. While improvements to the property were assessed at a total of $28,275. 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. 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. 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,021
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TURNER HULBERT AND MORGANS SUBDIVISION
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HU JING QIANG
  • Current Owner 2: DENG XUEFANS
  • Previous Owner : KASPER DEVELOPMENT LLC
  • Owner Before Previous Owner: GALLEGOS ROBERT
  • Owner Before Previous Owner 2: GALLEGOS MARCO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580501

Zoning

  • Zoning: RT-4

Geography

  • District: 72
  • Parcel: 19-01-111-048-0000
  • Municipality: LAKE
  • Latitude: 41.8208
  • Longitude: -87.6954

    Address

  • Full Address: 2819 W 40th St
  • Address - House Number: 2819
  • Street Direction: W
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 1805
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,734
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 402,155
  • High Value: 493,984
  • Low Value: 310,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jul 24, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2028

    Market Valuation

  • Market Total Value: $312,960
  • Market Land Value: $30,210
  • Market Improvement Value: $282,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,296
  • Assessed Land Value: $3,021
  • Assessed Improvements Value: $28,275

    Sales

  • Current Sale Contract Date: Jun 27, 2013
  • Current Sale Recording Date: Jul 24, 2013
  • Current Sale Transaction ID: 1094679067
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1320541007
  • Previous Sale Recording Date: Dec 22, 2004
  • Previous Sale Contract Date: Nov 23, 2004
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jul 24, 2013
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2028

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATE FINANCIAL BANK NA
  • Previous Mortgage Transaction Date: Dec 22, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $38,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 23, 2005

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Frequently Asked Questions

What neighborhood is 2819 West 40th Street located in?
The 2819 West 40th Street is a located in the neighborhood of Brighton Park in Southwest Side, Chicago.
What is the average sales price for listings in 2819 West 40th Street?
The average sales price for units in 2819 West 40th Street is $0 currently.

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