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3022 West 55th Street

3022 West 55th Street, Chicago, IL 60632
Property in Gage Park
Sold May 23, 2013
$45,000
$143,920 by Countrywide Home Loans Inc
Mortgage Due Jul 01, 2034
Sold Jul 21, 2004
$180,000
$143,920 by Countrywide Home Loans Inc
Mortgage Due Jul 01, 2034
3022 West 55th Street in Chicago, IL was first built in 1951 and is 73 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 unknown. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3022 West 55th Street has 1,291 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 300 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,750 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. 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 masonry 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 masonry. 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 hot water 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, 3022 West 55th Street was last sold in May 14, 2013 for $45,000. According to our calculations, that's $34.86 per sqft. Prior to that sales transaction, the property was sold for $180,000 in Jun 30, 2004. Current property owners are expected to pay $2,809 in taxes per year. The property on 3022 West 55th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,001. To break that down further, the land itself was valued at $3,188. While improvements to the property were assessed at a total of $13,813. 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. 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.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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,291
  • Gross Building Area: 1,291
  • Building Area: 1,291
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,291
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STEWARTS SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ARDEE) RESUB OF LTS 5-22 OF BLK 5 IN JW STEWARTS SUB OF E 11 ACS OF S 42.5 ACS OF WH SW SEC 12-38-13

Ownership

  • Current Owner : CORTES MARIN DALIA
  • Current Owner 2: GUTIERREZ BUCIO EMILIO
  • Previous Owner : THE BANK OF NEW YORK MELLON
  • Owner Before Previous Owner: AYALA HOMERO
  • Owner Before Previous Owner 2: AYALA MARIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 630400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-12-327-032-0000
  • Block: 5
  • Lot: 5-22
  • Meridian: SEC 12 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7938
  • Longitude: -87.6997

    Address

  • Full Address: 3022 W 55th St
  • Address - House Number: 3022
  • Street Direction: W
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 2630
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,809
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 266,670
  • High Value: 327,561
  • Low Value: 205,778

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $179,900
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 21, 2004
  • First Open Lien Mortgage Loan Amount: $143,920
  • 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: Jul 01, 2034
  • Second Open Lien Mortgage Recording Date: Jul 21, 2004
  • Second Open Lien Mortgage Loan Amount: $35,980
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2034

    Market Valuation

  • Market Total Value: $170,010
  • Market Land Value: $31,880
  • Market Improvement Value: $138,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,001
  • Assessed Land Value: $3,188
  • Assessed Improvements Value: $13,813

    Sales

  • Current Sale Contract Date: May 14, 2013
  • Current Sale Recording Date: May 23, 2013
  • Current Sale Transaction ID: 1145250990
  • Current Sale Price: $45,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1314319079
  • Previous Sale Recording Date: Jul 21, 2004
  • Previous Sale Contract Date: Jun 30, 2004
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jul 21, 2004
  • Previous Mortgage Loan Amount: $143,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2034

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3022 West 55th Street located in?
The 3022 West 55th Street is a located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 3022 West 55th Street?
The average sales price for units in 3022 West 55th Street is $0 currently.

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