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2976 South Archer Avenue

2976 South Archer Avenue, Chicago, IL 60608
Property in Bridgeport
Sold Jul 06, 2017
$260,000
Sold Nov 19, 2013
$150,000
2976 South Archer Avenue in Chicago, IL was first built in 1885 and is 139 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 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2976 South Archer Avenue has 3,300 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 2,500 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 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 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. 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, 2976 South Archer Avenue was last sold in Jun 30, 2017 for $260,000. According to our calculations, that's $78.79 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Oct 25, 2013. Current property owners are expected to pay $7,199 in taxes per year. The property on 2976 South Archer Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,000. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $25,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 3,300
  • Gross Building Area: 3,300
  • Building Area: 3,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES
  • Land Acres: 0.057
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : HUANG MCI FEN
  • Current Owner 2: HUANG CHI YANG
  • Previous Owner : LIN XIU ZHEN
  • Previous Owner 2: SHI JIAN PING
  • Owner Before Previous Owner: FANG ZHOU ALICE SU JUAN
  • Owner Before Previous Owner 2: ZHOU HUO

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 600700

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-29-310-026-0000
  • Lot: 5
  • Meridian: SEC 29 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8407
  • Longitude: -87.6605

    Address

  • Full Address: 2976 S Archer Ave
  • Address - House Number: 2976
  • Street Direction: S
  • Address - Street Name: Archer
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 5549
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,199
  • Tax Rate Code Area: 76062

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 281,692
  • High Value: 324,209
  • Low Value: 239,174

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $100,000
  • Market Improvement Value: $250,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $25,000

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Jul 06, 2017
  • Current Sale Transaction ID: 1590045809
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1718708131
  • Previous Sale Recording Date: Nov 19, 2013
  • Previous Sale Contract Date: Oct 25, 2013
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKESIDE BANK
  • First Mortgage Transaction Date: Jul 06, 2017
  • First Mortgage Loan Amount: $107,122
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 30, 2022

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 2976 South Archer Avenue located in?
The 2976 South Archer Avenue is a located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 2976 South Archer Avenue?
The average sales price for units in 2976 South Archer Avenue is $0 currently.

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