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3007 South Canal Street

3007 South Canal Street, Chicago, IL 60616
Multifamily in Bridgeport
Local assessors in Chicago, IL have categorized 3007 South Canal Street as a residential type of property. The home was built in 1888 and is 136 years old. The property's lot size has been calculated to be 2,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3007 South Canal Street has a total of 2,696 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 3007 South Canal Street was last sold in Jul 25, 2014 for $308,000. According to our calculations, that's $114.24 per sqft. Current property owners are expected to pay $8,552 in taxes per year. The property on 3007 South Canal Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $45,000. To break that down further, the land itself was valued at $11,000. While improvements to the property were assessed at a total of $34,000. 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. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191122
11/22/2019
4 Bed
-
-
$578,000
bedrooms
4 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 2,696
  • Gross Building Area: 2,696
  • Building Area: 2,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVID DAVIS SOUTH ADD
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SE4SW4 S28 T39N R14E 3P

Ownership

  • Current Owner : REN DEWEI
  • Current Owner 2: SUN BINGMEI
  • Previous Owner : CASSIDY DONNA L
  • Previous Owner 2: LAMB JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 003-108-03
  • District: 76
  • Parcel: 17-28-325-016-0000
  • Block: 5
  • Lot: 3
  • Meridian: SEC 28 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8397
  • Longitude: -87.6375

    Address

  • Full Address: 3007 S Canal St
  • Address - House Number: 3007
  • Street Direction: S
  • Address - Street Name: Canal
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 3119
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,552
  • Tax Rate Code Area: 76001

    Appraisal Valuation

  • Standard Deviation: 0.2633
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 562,258
  • High Value: 710,330
  • Low Value: 414,186

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,600
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Sep 09, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $215,600
  • 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, 2044

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $110,000
  • Market Improvement Value: $340,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $34,000

    Sales

  • Current Sale Contract Date: Jul 25, 2014
  • Current Sale Recording Date: Sep 09, 2014
  • Current Sale Transaction ID: 1177389906
  • Current Sale Price: $308,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1425204083

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Sep 09, 2014
  • First Mortgage Loan Amount: $215,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3007 South Canal Street located in?
The 3007 South Canal Street is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 3007 South Canal Street?
The average sales price for units in 3007 South Canal Street is $0 currently.

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