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3130 West Walton Street

3130 West Walton Street, Chicago, IL 60622
Property in Humboldt Park
Sold Nov 04, 2021
$3,850,000
Sold Nov 09, 2015
$2,980,000
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Local assessors in Chicago, IL have categorized 3130 West Walton Street as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 3,027 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 24 rooms in the home. Of these, 12 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 4 full bathrooms. There are also 4 partial bathrooms. This is a 3 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 3130 West Walton Street has a total of 6,681 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 no garage for those who need a place to park their vehicle. 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 tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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. 3130 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. 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.

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
  • 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: 16-01-313-044-0000
  • Lot: 27-30
  • Municipality: WEST CHICAGO
  • Latitude: 41.8986
  • Longitude: -87.7055

    Address

  • Full Address: 3130 W Walton St
  • Address - House Number: 3130
  • Street Direction: W
  • Address - Street Name: Walton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 8175
  • 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: 11864742575
  • 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



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Nearby Rentals

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$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,095 /mo

  • 3 Beds
  • 2.5 Baths
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Listing by Manager

Frequently Asked Questions

What neighborhood is 3130 West Walton Street located in?
The 3130 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 3130 West Walton Street?
The average sales price for units in 3130 West Walton Street is $0 currently.

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