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3128 West Walton Street

3128 West Walton Street, Chicago, IL 60622
Property in Humboldt Park
Sold Nov 04, 2021
$3,850,000
Sold Nov 09, 2015
$2,980,000
3128 West Walton Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 24 rooms. 12 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 3128 West Walton Street has 6,681 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,027 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Oct 28, 2021 for $3,850,000. That's $576.26 per sqft. Prior to that sales transaction, the property was also sold in Oct 1, 2015 for $2,980,000. 3128 West Walton Street was last assessed in 2022. The total value of the property was assessed at $65,001. Specifically, the land the property is located on was valued at $13,622. While improvements on the property were assessed at a total of $51,379. 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 $13,369. The initial tax year of delinquency was in 2021. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 24
  • Bedroom Count: 12
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 4
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,027
  • Total Building Area: 6,681
  • Gross Building Area: 6,681
  • Building Area: 6,681
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,681
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: T M OVIATTS SUB
  • Land Acres: 0.07
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : RIDGE UNITS LLC
  • Previous Owner : 3126 W WALTON INVESTORS LLC
  • Owner Before Previous Owner: WALTON ACQUISITIONS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 836600

Zoning

  • Zoning: B2-3

Geography

  • District: 77
  • Parcel: 16-01-313-043-0000
  • Lot: 27-30
  • Municipality: WEST CHICAGO
  • Latitude: 41.8986
  • Longitude: -87.7054

    Address

  • Full Address: 3128 W Walton St
  • Address - House Number: 3128
  • Street Direction: W
  • Address - Street Name: Walton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 8173
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,369
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77051

    Market Valuation

  • Market Total Value: $650,010
  • Market Land Value: $136,220
  • Market Improvement Value: $513,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,001
  • Assessed Land Value: $13,622
  • Assessed Improvements Value: $51,379

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11864742574
  • Current Sale Price: $3,850,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2130807060
  • Previous Sale Recording Date: Nov 09, 2015
  • Previous Sale Contract Date: Oct 01, 2015
  • Previous Sale Amount: $2,980,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMALGAMATED BANK OF CHICAGO
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $2,887,500
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 10, 2023

    Financing

  • First Mortgage Financing Type: Variable

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,650 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,777 ft²
Listing by Karen Chappell

Frequently Asked Questions

What neighborhood is 3128 West Walton Street located in?
The 3128 West Walton Street is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 3128 West Walton Street?
The average sales price for units in 3128 West Walton Street is $0 currently.

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