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3242 South Carpenter Street

3242 South Carpenter Street, Chicago, IL 60608
Multifamily in Bridgeport
Sold Jul 14, 2021
$480,000
$456,000 by Associated Bank Na
Mortgage Due Jul 01, 2051
Sold Feb 06, 2018
Transfer
$328,652 by Peoples Home Equity Inc
Mortgage Due Feb 01, 2048
3242 South Carpenter Street in Chicago, IL was first built in 1884 and is 140 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3242 South Carpenter Street has 1,428 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 3,150 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jun 2, 2021 for $480,000. That's $336.13 per sqft. 3242 South Carpenter Street was last assessed in 2023. The total value of the property was assessed at $30,000. Specifically, the land the property is located on was valued at $12,600. While improvements on the property were assessed at a total of $17,400. 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 $5,467. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1884
  • Effective Year Built: 1884
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,150
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,428
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: A & M CONSTRUCTION
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (A)&(M) (CONSTRUCTION) COS RESUB OF PT LT13 IN ASSESS RS DIV IN NW&WH NE LYING BTWN W LINE MORGAN ST&E LINE OF 16FT ALLEY BTW

Ownership

  • Current Owner : ELDREDGE KIMBERLY CLAIRE
  • Current Owner 2: ELDREDGE WILLIAM KIRTLEY
  • Previous Owner : SANCHEZ ANDRES
  • Previous Owner 2: SANCHEZ MARIA
  • Owner Before Previous Owner: SANCHEZ MARIA
  • Owner Before Previous Owner 2: SANCHEZ ANDRES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 839700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-32-217-059-0000
  • Lot: 13
  • Meridian: SEC 32 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8346
  • Longitude: -87.6526

    Address

  • Full Address: 3242 S Carpenter St
  • Address - House Number: 3242
  • Street Direction: S
  • Address - Street Name: Carpenter
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 6513
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,467
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 482,767
  • High Value: 555,633
  • Low Value: 409,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $456,000
  • First Open Lien Mortgage Lender: ASSOCIATED BANK NA
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $456,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $126,000
  • Market Improvement Value: $174,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $17,400

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11843124801
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2119504215
  • Previous Sale Recording Date: Feb 06, 2018
  • Previous Sale Contract Date: Jan 23, 2018
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: ASSOCIATED BANK NA
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $456,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES HOME EQUITY INC
  • Previous Mortgage Transaction Date: Feb 06, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $328,652
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2048

About Southwest Side



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Nearby Rentals

Unit for rent at

$4,485 /mo

  • 3 Beds
  • 2 Baths
  • 1,289 ft²
Listing by Manager
Unit for rent at

$4,100 /mo

  • 1 Bed
  • 2 Baths
Listing by Manager
Unit for rent at

$4,180 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 3242 South Carpenter Street located in?
The 3242 South Carpenter Street is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 3242 South Carpenter Street?
The average sales price for units in 3242 South Carpenter Street is $469,900 currently.

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