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3123 West Lexington Street

3123 West Lexington Street, Chicago, IL 60612
Multifamily in Lawndale
Sold Dec 29, 2020
$390,000
Sold Jun 12, 2019
$121,000
3123 West Lexington Street in Chicago, IL was first built in 1890 and is 134 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 3 floors. There are a total of 15 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3123 West Lexington Street has 3,819 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 250 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 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 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 heating system. The property was last sold in Oct 20, 2020 for $390,000. That's $102.12 per sqft. Prior to that sales transaction, the property was also sold in Jun 7, 2019 for $121,000. 3123 West Lexington Street was last assessed in 2023. The total value of the property was assessed at $27,000. Specifically, the land the property is located on was valued at $3,672. While improvements on the property were assessed at a total of $23,328. 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 $4,866. 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. 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
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,819
  • Gross Building Area: 3,819
  • Building Area: 3,819
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,819
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SNOWHOOKS DOUGLAS PARK
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: P W (SNOWHOOKS) (DOUGLAS) (PARK) ADD IN SW SEC 13-39-13

Ownership

  • Current Owner : WILLIAMS DENNIS E
  • Current Owner 2: WILLIAMS JAZMINE
  • Previous Owner : S SHORE LLC SERIES 3
  • Owner Before Previous Owner: COBB STEPHEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 837300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jul 03, 2012
  • District: 77
  • Parcel: 16-13-308-019-0000
  • Block: 1
  • Lot: 10
  • Meridian: SEC 13 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8717
  • Longitude: -87.7044

    Address

  • Full Address: 3123 W Lexington St
  • Address - House Number: 3123
  • Street Direction: W
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 3331
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,866
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 695,612
  • High Value: 800,604
  • Low Value: 590,619

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $36,720
  • Market Improvement Value: $233,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $23,328

    Sales

  • Current Sale Contract Date: Oct 20, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11809684832
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2036401371
  • Previous Sale Recording Date: Jun 12, 2019
  • Previous Sale Contract Date: Jun 07, 2019
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $382,936
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About West Side



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Nearby Rentals

Unit for rent at 3016 W Walnut Street, Chicago, IL, 60612

$975 /mo

  • 1 Bed
  • 1 Bath
  • 400 ft²
3016 W Walnut Street #1, Chicago, IL, 60612 Listing by Trisha Parker

Frequently Asked Questions

What neighborhood is 3123 West Lexington Street located in?
The 3123 West Lexington Street is a multifamily located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 3123 West Lexington Street?
The average sales price for units in 3123 West Lexington Street is $0 currently.

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