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3258 North Oak Park Avenue

3258 North Oak Park Avenue, Chicago, IL 60634
Property in Schorsch Village
Sold Dec 02, 2021
$400,000
$340,000 by C & R Mortgage
Mortgage Due Dec 01, 2051
Sold Aug 27, 2021
$275,000
$206,205 by Heartland Bank & Trust Co
Mortgage Due Aug 23, 2022
Local assessors in Chicago, IL have categorized 3258 North Oak Park Avenue as a residential type of property. The home was built in 1931 and is 93 years old. The property's lot size has been calculated to be 3,720 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 9 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 3258 North Oak Park Avenue has a total of 2,362 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 detached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 asphalt. 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 hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3258 North Oak Park Avenue was last sold in Nov 8, 2021 for $400,000. According to our calculations, that's $169.35 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Aug 20, 2021. Current property owners are expected to pay $6,586 in taxes per year. The property on 3258 North Oak Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $32,000. To break that down further, the land itself was valued at $10,416. While improvements to the property were assessed at a total of $21,584. 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.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • 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: 3

    Dimensions

  • Lot Size Square Feet: 3,720
  • Total Building Area: 2,362
  • Gross Building Area: 2,362
  • Building Area: 2,362
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,362
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHORSCH VILLA
  • Land Acres: 0.085
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SCHORSCH) (VILLA) RESUB OF LT111-145 IN HINKAMP & CO S BELMONT AV SUB & LT26-40 BLK1 & 1-20 BLK2 IN RESUB OF BLK1&2 IN COBBS

Ownership

  • Current Owner : MEDINA MICHELLE
  • Previous Owner : GRANDVIEW CAPITAL LLC
  • Owner Before Previous Owner: CAMPBELL KENNETH A
  • Owner Before Previous Owner 2: CAMPBELL MICHAEL J
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 171000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Apr 04, 2046
  • District: 71
  • Parcel: 13-19-334-021-0000
  • Block: 1,2
  • Lot: 26-40
  • Meridian: SEC 19 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9399
  • Longitude: -87.7961

    Address

  • Full Address: 3258 N Oak Park Ave
  • Address - House Number: 3258
  • Street Direction: N
  • Address - Street Name: Oak Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 4640
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,586
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 364,988
  • High Value: 420,077
  • Low Value: 309,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: C & R MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $340,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $104,160
  • Market Improvement Value: $215,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $10,416
  • Assessed Improvements Value: $21,584

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11873096085
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2133610031
  • Previous Sale Recording Date: Aug 27, 2021
  • Previous Sale Contract Date: Aug 20, 2021
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: C & R MORTGAGE
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HEARTLAND BANK & TRUST CO
  • Previous Mortgage Transaction Date: Aug 27, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $206,205
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Aug 23, 2022

About Northwest Side



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Frequently Asked Questions

What neighborhood is 3258 North Oak Park Avenue located in?
The 3258 North Oak Park Avenue is a located in the neighborhood of Schorsch Village in Northwest Side, Chicago.
What is the average sales price for listings in 3258 North Oak Park Avenue?
The average sales price for units in 3258 North Oak Park Avenue is $0 currently.

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