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3042 West George Street

3042 West George Street, Chicago, IL 60618
Property in Logan Square
1 Units For Sale
Unit for sale at 3042 W George Street, Chicago, IL 60618

$690,000

  • 6 Beds
3042 W George Street, Chicago, IL 60618 Listing by Raquel Olivares

Local assessors in Chicago, IL have categorized 3042 West George Street as a residential type of property. The home was built in 1906 and is 118 years old. The property's lot size has been calculated to be 2,994 square feet. The linear feet between the front and back of the lot was measured at 1,130 ft and the front of the lot was measured at 260 ft. 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 10 rooms in the home. Of these, 4 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 is one full bathroom. There is also a partial bathroom. 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 3042 West George Street has a total of 2,184 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 asphalt. Lots of wood 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. 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, 3042 West George Street was last sold in Mar 10, 1994 for $93,333. According to our calculations, that's $42.73 per sqft. Current property owners are expected to pay $2,127 in taxes per year. The property on 3042 West George Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,000. To break that down further, the land itself was valued at $14,970. While improvements to the property were assessed at a total of $60,030. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Vinyl Siding

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
20220820
08/20/2022
6 Bed
-
-
$784,000
bedrooms
6 Bed
bathrooms
-
-
-
-
Raquel Olivares
eXp Realty, LLC

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,994
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 260
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 2,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STORY & ALLENS ADD TO CHICAGO
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (STORY) & (ALLENS) ADD TO (CHICAGO) SUB OF EH SW NW SEC 25-40-13

Ownership

  • Current Owner : ESCALERA JUANA
  • Current Owner 2: PEREZ NELSON
  • Previous Owner : CAVALIERI FRANCES R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 210700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 13-25-121-043-0000
  • Block: 2
  • Lot: 18
  • Meridian: SEC 25 TWN 40N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9341
  • Longitude: -87.7043

    Address

  • Full Address: 3042 W George St
  • Address - House Number: 3042
  • Street Direction: W
  • Address - Street Name: George
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C075
  • 4-Digit Zip Code: 7624
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,127
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 931,127
  • High Value: 1,071,667
  • Low Value: 790,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,000
  • First Open Lien Mortgage Lender: CLEARWATER MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 22, 2008
  • First Open Lien Mortgage Loan Amount: $261,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2038

    Market Valuation

  • Market Total Value: $750,000
  • Market Land Value: $149,700
  • Market Improvement Value: $600,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,000
  • Assessed Land Value: $14,970
  • Assessed Improvements Value: $60,030

    Sales

  • Current Sale Contract Date: Mar 10, 1994
  • Current Sale Recording Date: Mar 15, 1994
  • Current Sale Transaction ID: 1087987378
  • Current Sale Price: $93,333
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 94233531

    Last Sale Mortgage

  • First Mortgage Lender: MARGARETTEN CO
  • First Mortgage Transaction Date: Mar 15, 1994
  • First Mortgage Loan Amount: $139,668
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Northwest Side



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Frequently Asked Questions

What neighborhood is 3042 West George Street located in?
The 3042 West George Street is a located in the neighborhood of Logan Square in Northwest Side, Chicago.
How many listings are currently for sale in 3042 West George Street?
There is one unit for sale right now.
What is the average sales price for listings in 3042 West George Street?
The average sales price for units in 3042 West George Street is $690,000 currently.

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