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3224 North Linder Avenue

3224 North Linder Avenue, Chicago, IL 60641
Commercial in Cragin
Sold Jan 21, 2022
Transfer
$680,000 by Lake Forest Bank & Trust Compa
Mortgage
Sold Apr 28, 2020
$627,500
$407,875 by Blueleaf Lending Llc
Mortgage Due Apr 10, 2025
3224 North Linder Avenue 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 1929 and is 95 years old. The home has a total of 20 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3224 North Linder Avenue has 4,308 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 3,843 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 good. 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 air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Prior to that sales transaction, the property was also sold in Apr 6, 2020 for $627,500. 3224 North Linder Avenue was last assessed in 2023. The total value of the property was assessed at $50,001. Specifically, the land the property is located on was valued at $9,608. While improvements on the property were assessed at a total of $40,393. 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 $10,290. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,843
  • Total Building Area: 4,308
  • Gross Building Area: 4,308
  • Building Area: 4,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN F RAHNS RESUB
  • Land Acres: 0.088
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : VITALIZED T PROPERTIES LLC-GWAE HOLDINGS
  • Previous Owner : MYACE INVESTMENTS LLC
  • Owner Before Previous Owner: 3214 LINDER AVE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 151100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-21-327-016-0000
  • Lot: 1
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9393
  • Longitude: -87.7642

    Address

  • Full Address: 3224 N Linder Ave
  • Address - House Number: 3224
  • Street Direction: N
  • Address - Street Name: Linder
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 4105
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,290
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 506,035
  • High Value: 635,336
  • Low Value: 376,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: LAKE FOREST BANK & TRUST COMPA
  • First Open Lien Mortgage Recording Date: Mar 15, 2023
  • First Open Lien Mortgage Loan Amount: $680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $500,010
  • Market Land Value: $96,080
  • Market Improvement Value: $403,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,001
  • Assessed Land Value: $9,608
  • Assessed Improvements Value: $40,393

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Transaction ID: 11884739266
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2202110046
  • Previous Sale Recording Date: Apr 28, 2020
  • Previous Sale Contract Date: Apr 06, 2020
  • Previous Sale Amount: $627,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKESIDE BANK
  • First Mortgage Transaction Date: Jan 21, 2022
  • First Mortgage Loan Amount: $652,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BLUELEAF LENDING LLC
  • Previous Mortgage Transaction Date: Apr 28, 2020
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $407,875
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Apr 10, 2025

About Northwest Side



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Frequently Asked Questions

What neighborhood is 3224 North Linder Avenue located in?
The 3224 North Linder Avenue is a commercial located in the neighborhood of Cragin in Northwest Side, Chicago.
What is the average sales price for listings in 3224 North Linder Avenue?
The average sales price for units in 3224 North Linder Avenue is $0 currently.

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