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2856 South Throop Street

2856 South Throop Street, Chicago, IL 60608
Multifamily in Bridgeport
Sold Sep 03, 2019
$322,000
Buyer
Seller
$241,500 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2039
Sold Aug 20, 2015
$174,000
Seller
2856 South Throop Street in Chicago, IL was first built in 1880 and is 144 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 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2856 South Throop Street has 1,596 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 1,150 ft and the linear feet between the front and back of the lot is 250. In total, the area measurement of the land is 2,875 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 heating system. The property was last sold in Jul 19, 2019 for $322,000. That's $201.75 per sqft. Prior to that sales transaction, the property was also sold in Aug 3, 2015 for $174,000. 2856 South Throop Street was last assessed in 2023. The total value of the property was assessed at $24,922. Specifically, the land the property is located on was valued at $11,500. While improvements on the property were assessed at a total of $13,422. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,126. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,875
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 1,596
  • Gross Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEAVERNS SUB
  • Land Acres: 0.066
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: G A & F A (SEAVERNS) SUB OF LT4 IN BLK25 OF CANAL TRU STEES SUB OF BLKS IN SEC 29-39-14

Ownership

  • Current Owner : LEI YAO C
  • Previous Owner : CHENG CHUI YI
  • Owner Before Previous Owner: CHENG SAI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 600600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-29-412-054-0000
  • Block: 25
  • Lot: 4
  • Meridian: SEC 29 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8419
  • Longitude: -87.6532

    Address

  • Full Address: 2856 S Throop St
  • Address - House Number: 2856
  • Street Direction: S
  • Address - Street Name: Throop
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C062
  • 4-Digit Zip Code: 5923
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,126
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 382,801
  • High Value: 480,614
  • Low Value: 284,987

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 03, 2019
  • First Open Lien Mortgage Loan Amount: $241,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2039

    Market Valuation

  • Market Total Value: $249,220
  • Market Land Value: $115,000
  • Market Improvement Value: $134,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,922
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $13,422

    Sales

  • Current Sale Contract Date: Jul 19, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Transaction ID: 11642129021
  • Current Sale Price: $322,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1924634026
  • Previous Sale Recording Date: Aug 20, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 03, 2019
  • First Mortgage Loan Amount: $241,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2039

About Southwest Side



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Frequently Asked Questions

What neighborhood is 2856 South Throop Street located in?
The 2856 South Throop Street is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 2856 South Throop Street?
The average sales price for units in 2856 South Throop Street is $0 currently.

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