Check Availability
$234,000 - $286,000
Land - In Contract

3129 N Olcott Avenue

Chicago, IL 60707
bedrooms
Studio
bathrooms
0 Bath
Sold Mar 15, 2005
$409,000

About This Property

Attention Builders and Developers! Seize the chance to transform this property into a lucrative venture. With its prime location, and 50' X 133' oversized Chicago lot, this tear-down home offers a blank canvas for your new construction project. Sold As-Is, all contents left in the home, garage and shed at the time of closing will be conveyed with the sale. This property allows you to customize the redevelopment to your specifications. Don't miss out on this unique opportunity!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$277
HOA Dues
-
Year Built
1930
Listed By
Sally Haynes
Sally Haynes
Keller Williams Rlty Partners

Price History

Date / Event Date Event Price
Jan 16, 2024 In contract -
In contract
Dec 15, 2023 Listed $260,000
Listed
Sep 16, 2023 Listed $260,000
Listed
Attention Builders and Developers! Seize the chance to transform this property into a lucrative venture. With its prime location, and 50' X 133' oversized Chicago lot, this tear-down home offers a blank canvas for your new construction project. Sold As-Is, all contents left in the home, garage and shed at the time of closing will be conveyed with the sale. This property allows you to customize the redevelopment to your specifications. Don't miss out on this unique opportunity! The manager…

Property Highlights

Air Conditioning
Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • 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: 6,650
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONE & COMPANYS
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H O (STONE) & (COMPANYS) SUB OF E60ACS OF EX PT DED F OR BELMONT AVE NH NE SEC 25-40-12

Ownership

  • Current Owner : CAW MARISOL
  • Current Owner 2: CAW CHIN KOK
  • Previous Owner : PELUSO BUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 170900

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 03, 2030
  • District: 71
  • Parcel: 12-25-202-011-0000
  • Block: 12
  • Lot: 13
  • Meridian: SEC 25 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9371
  • Longitude: -87.8138

    Address

  • Full Address: 3129 N Olcott Ave
  • Address - House Number: 3129
  • Street Direction: N
  • Address - Street Name: Olcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C025
  • 4-Digit Zip Code: 1135
  • Zip Code: 60707

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,325
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 251,305
  • High Value: 276,714
  • Low Value: 225,896

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $115,120
  • Market Improvement Value: $114,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $11,512
  • Assessed Improvements Value: $11,488

    Sales

  • Current Sale Contract Date: Feb 24, 2005
  • Current Sale Recording Date: Mar 15, 2005
  • Current Sale Transaction ID: 1083082256
  • Current Sale Price: $409,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0507414142

    Last Sale Mortgage

  • First Mortgage Lender: CHARTER ONE BANK NA
  • First Mortgage Transaction Date: Mar 15, 2005
  • First Mortgage Loan Amount: $327,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2035

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,272 ft²
$204/ft²
$260,000 Sep 16, 2023
-
$277/mo
House
2 Beds
2 Baths
1,200 ft²
$208/ft²
$249,500 Nov 17, 2023
-
$763/mo
House
3 Beds
1 Bath
1,514 ft²
$198/ft²
$299,900 Jan 5, 2024
-
$685/mo
Multifamily
5 Beds
-
-
$289,900 Jan 12, 2024
-
$1,077/mo
Multifamily
4 Beds
-
-
$299,900 Dec 10, 2023
-
$148/mo

About Northwest Side


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7012 W Diversey Ave #7012 W Diversey Ave, Chicago, IL, 60707 Listing by Manager


Frequently Asked Questions

When was property at 3129 North Olcott Avenue built and last sold?
The property at 3129 North Olcott Avenue was built in 1930 and last sold on Feb 24, 2005 for $409,000.
How much is this home worth?
The estimated value of the home located at 3129 North Olcott Avenue is $262,600.
What are some comparable homes to 3129 North Olcott Avenue?
Homes that are comparable to 3129 North Olcott Avenue include a multifamily property at 3224 North Opal Avenue, a land property at 3129 North Olcott Avenue, a house property at 2643 North 74th Avenue.

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