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2936 West Lyndale Street

2936 West Lyndale Street, Chicago, IL 60647
Property in Palmer Square
Sold Aug 03, 2021
$800,000
$720,000 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2051
Sold Jun 21, 2021
$680,000
$544,000 by Crosscountry Mortgage Llc
Mortgage Due Jul 01, 2051
Local assessors in Chicago, IL have categorized 2936 West Lyndale Street as a residential type of property. The home was built in 1897 and is 127 years old. The property's lot size has been calculated to be 2,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2936 West Lyndale Street has a total of 827 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 frame control joints. The building has a roof that is made of shingle (not wood). Lots of wood were used in the construction of the exterior walls of the home. 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, 2936 West Lyndale Street was last sold in Jul 29, 2021 for $800,000. According to our calculations, that's $967.35 per sqft. Prior to that sales transaction, the property was sold for $680,000 in Jun 11, 2021. Current property owners are expected to pay $15,690 in taxes per year. The property on 2936 West Lyndale Street was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $77,767. To break that down further, the land itself was valued at $11,250. While improvements to the property were assessed at a total of $66,517. 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. 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.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: 1897
  • Effective Year Built: 1897
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 827
  • Gross Building Area: 827
  • Building Area: 827
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JRS SUB
  • Land Acres: 0.057
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: J (JOHNSTON) JRS SUB OF 9ACS IN NW SEC 36-40-13

Ownership

  • Current Owner : WOO KAREN J
  • Current Owner 2: CORRAO DARREN J
  • Previous Owner : 2938 LYNDALE LLC
  • Owner Before Previous Owner: 2938 LYNDALE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 221300

Zoning

  • Zoning: 10

Geography

  • District: 77
  • Parcel: 13-36-107-050
  • Block: 1
  • Lot: 8
  • Meridian: SEC 36 TWN 40N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9226
  • Longitude: -87.7014

    Address

  • Full Address: 2936 W Lyndale St
  • Address - House Number: 2936
  • Street Direction: W
  • Address - Street Name: Lyndale
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $15,690
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2604
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 63
  • Final Value: 689,454
  • High Value: 869,041
  • Low Value: 509,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $777,670
  • Market Land Value: $112,500
  • Market Improvement Value: $665,170

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $77,767
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $66,517

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11846240843
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2121504138
  • Previous Sale Recording Date: Jun 21, 2021
  • Previous Sale Contract Date: Jun 11, 2021
  • Previous Sale Amount: $680,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 21, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $544,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2936 West Lyndale Street located in?
The 2936 West Lyndale Street is a located in the neighborhood of Palmer Square in Northwest Side, Chicago.
What is the average sales price for listings in 2936 West Lyndale Street?
The average sales price for units in 2936 West Lyndale Street is $0 currently.

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