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2957 West Adams Street

2957 West Adams Street, Chicago, IL 60612
Sold Aug 12, 2019
$198,000
$360,000 by Finance Of America Mortgage Ll
Mortgage Due May 08, 2052
Sold May 24, 2006
$230,000
$184,000 by Guaranteed Rate Inc
Mortgage Due May 01, 2036
2957 West Adams 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 1896 and is 128 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2957 West Adams Street has 2,778 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 3,025 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 no garage for those who require parking. According to our sources, there is one available parking space. 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 tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Aug 6, 2019 for $198,000. That's $71.27 per sqft. Prior to that sales transaction, the property was also sold in Apr 27, 2006 for $230,000. 2957 West Adams Street was last assessed in 2023. The total value of the property was assessed at $18,834. Specifically, the land the property is located on was valued at $3,554. While improvements on the property were assessed at a total of $15,280. 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 $3,887. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,025
  • Total Building Area: 2,778
  • Gross Building Area: 2,778
  • Building Area: 2,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,778
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JONES SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: FLOYD (JONES) SUB OF PT LYING S BARRY POINT RD EX E 7 ACS WH NE NW SEC 13-39-13

Ownership

  • Current Owner : HERNANDEZ FEDERICO
  • Current Owner 2: KATZBECK ASHLEYRAE
  • Previous Owner : 2957 W ADAMS L L C
  • Owner Before Previous Owner: SHANKLIN MAUD LEE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 837000

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 011-115-05
  • District: 77
  • Parcel: 16-13-116-002-0000
  • Block: 3
  • Lot: 13
  • Meridian: SEC 13 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8781
  • Longitude: -87.7009

    Address

  • Full Address: 2957 W Adams St
  • Address - House Number: 2957
  • Street Direction: W
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 3603
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,887
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 352,886
  • High Value: 443,055
  • Low Value: 262,716

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: May 08, 2052

    Market Valuation

  • Market Total Value: $188,340
  • Market Land Value: $35,540
  • Market Improvement Value: $152,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,834
  • Assessed Land Value: $3,554
  • Assessed Improvements Value: $15,280

    Sales

  • Current Sale Contract Date: Aug 06, 2019
  • Current Sale Recording Date: Aug 12, 2019
  • Current Sale Transaction ID: 11635191469
  • Current Sale Price: $198,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1922422141
  • Previous Sale Recording Date: May 24, 2006
  • Previous Sale Contract Date: Apr 27, 2006
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Aug 12, 2019
  • First Mortgage Loan Amount: $218,815
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: May 24, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $184,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: May 01, 2036

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Frequently Asked Questions

What neighborhood is 2957 West Adams Street located in?
The 2957 West Adams Street is a located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 2957 West Adams Street?
The average sales price for units in 2957 West Adams Street is $0 currently.

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