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3041 West Thorndale Avenue

3041 West Thorndale Avenue, Chicago, IL 60659
Property in Peterson Park
Sold May 24, 2022
$65,333
$297,000 by Key Mortgage Services Inc
Mortgage Due Jun 01, 2052
Sold Mar 06, 1996
$262,500
$201,500 by Lincoln Park Svgs Bank
Mortgage Due Apr 01, 2026
Local assessors in Chicago, IL have categorized 3041 West Thorndale Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 6,866 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 2 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 3041 West Thorndale Avenue has a total of 2,808 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 masonry 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 asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in May 16, 2022 for $65,333. That's $23.27 per sqft. Prior to that sales transaction, the property was also sold in Jan 3, 1996 for $262,500. 3041 West Thorndale Avenue was last assessed in 2023. The total value of the property was assessed at $62,000. Specifically, the land the property is located on was valued at $21,971. While improvements on the property were assessed at a total of $40,029. 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 $11,486. 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. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,866
  • Total Building Area: 2,808
  • Gross Building Area: 2,808
  • Building Area: 2,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KAISER & COMPANYS PETERSON
  • Land Acres: 0.158
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: W F (KAISER) & (COMPANYS)(PETERSON) WOODS ADD TO ARCA DIA TERRACE IN SEC 01-40-13

Ownership

  • Current Owner : JULAMOKE NARISALAN
  • Current Owner 2: RHUPITAK SURISA
  • Previous Owner : ROWE VIRGINIA
  • Owner Before Previous Owner: BARONE MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020701

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-01-310-014-0000
  • Block: 37
  • Lot: 1
  • Meridian: SEC 01 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9883
  • Longitude: -87.7057

    Address

  • Full Address: 3041 W Thorndale Ave
  • Address - House Number: 3041
  • Street Direction: W
  • Address - Street Name: Thorndale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 3794
  • Zip Code: 60659

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,486
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 564,996
  • High Value: 709,363
  • Low Value: 420,628

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,000
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $297,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $620,000
  • Market Land Value: $219,710
  • Market Improvement Value: $400,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,000
  • Assessed Land Value: $21,971
  • Assessed Improvements Value: $40,029

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11890571123
  • Current Sale Price: $65,333
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6158
  • Previous Sale Recording Date: Mar 06, 1996
  • Previous Sale Contract Date: Jan 03, 1996
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $297,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LINCOLN PARK SVGS BANK
  • Previous Mortgage Transaction Date: Mar 06, 1996
  • Previous Mortgage Loan Amount: $201,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2026

About North Side



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Frequently Asked Questions

What neighborhood is 3041 West Thorndale Avenue located in?
The 3041 West Thorndale Avenue is a located in the neighborhood of Peterson Park in North Side, Chicago.
What is the average sales price for listings in 3041 West Thorndale Avenue?
The average sales price for units in 3041 West Thorndale Avenue is $0 currently.

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