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3170 South Ashland Avenue

3170 South Ashland Avenue, Chicago, IL 60608
Property in McKinley Park
3170 South Ashland Avenue in Chicago, IL was first built in 1990 and is 34 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. In total, the area measurement of the land is 2,133 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3170 South Ashland Avenue was last sold in Oct 12, 2023 for $3,000,000. According to our calculations, that's $352.94 per sqft. Prior to that sales transaction, the property was sold for $1,800,000 in Aug 15, 2018. Current property owners are expected to pay $7,614 in taxes per year. The property on 3170 South Ashland Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,020. To break that down further, the land itself was valued at $10,665. While improvements to the property were assessed at a total of $26,355. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,133
  • Total Building Area: 8,500
  • Building Area: 8,500
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: LEXINGTON SUB
  • Land Acres: 0.49
  • Standard Land Use Code: Commercial building
  • Legal Description 1: (LEXINGTON) SUB OF BLK11, EX W15/400ACS, IN CANAL TRU STEES SUB OF NE SEC 31-39-14

Ownership

  • Current Owner : 3170 ASHLAND LLC
  • Previous Owner : J & Z ASSOCIATES INC
  • Owner Before Previous Owner: RASC MANAGEMENT ENTERPRISES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840400

Zoning

  • Zoning: C2-2

Geography

  • Assessors Map Reference: Jul 04, 2004
  • District: 76
  • Parcel: 17-31-213-041-0000
  • Block: 11
  • Lot: 4
  • Meridian: SEC 31 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8358
  • Longitude: -87.666

    Address

  • Full Address: 3170 S Ashland Ave
  • Address - House Number: 3170
  • Street Direction: S
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 6260
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,614
  • Tax Rate Code Area: 76001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,330,000
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2023
  • First Open Lien Mortgage Loan Amount: $1,330,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2028

    Market Valuation

  • Market Total Value: $148,080
  • Market Land Value: $42,660
  • Market Improvement Value: $105,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,020
  • Assessed Land Value: $10,665
  • Assessed Improvements Value: $26,355

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 27, 2023
  • Current Sale Transaction ID: 11915207971
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10006
  • Previous Sale Recording Date: Aug 20, 2018
  • Previous Sale Contract Date: Aug 15, 2018
  • Previous Sale Amount: $1,800,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Oct 27, 2023
  • First Mortgage Loan Amount: $1,330,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: INLAND BANK & TRUST
  • Previous Mortgage Transaction Date: Aug 20, 2018
  • Previous Mortgage Loan Amount: $1,260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3170 South Ashland Avenue located in?
The 3170 South Ashland Avenue is a located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3170 South Ashland Avenue?
The average sales price for units in 3170 South Ashland Avenue is $0 currently.

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