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3139 West Cermak Road

3139 West Cermak Road, Chicago, IL 60623
Property in Little Village
Local assessors in Chicago, IL have categorized 3139 West Cermak Road as a commercial type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3139 West Cermak Road sold most recently in Sep 9, 2019 for a total of $550,000. Before that, the property was also sold for $169,000 in Jul 30, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,115 in taxes each year. 3139 West Cermak Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,595. If we break it down further, the land itself was valued at $8,203. Improvements to the property, however, were assessed at a total of $26,392. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • 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: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PEPPERS DOUGLAS PARK ADD TO CHICAGO
  • Land Acres: 0.72
  • Standard Land Use Code: Commercial building
  • Legal Description 1: DR WILLIAM (PEPPERS)(DOUGLAS) PARK ADD TO (CHICAGO) SEC 25-39-13

Ownership

  • Current Owner : T3 INVESTMENTS LLC
  • Previous Owner : 1028 VAN BUREN ASSOCIATES L P
  • Owner Before Previous Owner: A M INVESTMENTS CO

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 844700

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-25-100-006-0000
  • Lot: 58
  • Meridian: SEC 25 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8515
  • Longitude: -87.7044

    Address

  • Full Address: 3139 W Cermak Rd
  • Address - House Number: 3139
  • Street Direction: W
  • Address - Street Name: Cermak
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Chicago
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,115
  • Tax Rate Code Area: 77079

    Market Valuation

  • Market Total Value: $138,380
  • Market Land Value: $32,812
  • Market Improvement Value: $105,568

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,595
  • Assessed Land Value: $8,203
  • Assessed Improvements Value: $26,392

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 17, 2019
  • Current Sale Transaction ID: 11646069030
  • Current Sale Price: $550,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1926049294
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Contract Date: Jul 30, 1997
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTH CENTRAL BANK NA
  • First Mortgage Transaction Date: Sep 17, 2019
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 09, 2024

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 3139 West Cermak Road located in?
The 3139 West Cermak Road is a located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 3139 West Cermak Road?
The average sales price for units in 3139 West Cermak Road is $0 currently.

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