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3316 South Hamilton Avenue

3316 South Hamilton Avenue, Chicago, IL 60608
Multifamily in McKinley Park
Sold Mar 09, 2020
$420,000
$402,450 by Guaranteed Rate Inc
Mortgage Due May 01, 2051
Sold Apr 17, 2006
$375,000
$300,000 by Accredited Home Lenders Inc
Mortgage Due Apr 01, 2036
3316 South Hamilton Avenue in Chicago, IL was first built in 1926 and is 98 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 unknown style. It is a single story home. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3316 South Hamilton Avenue has 1,466 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 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a no garage. 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. 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, 3316 South Hamilton Avenue sold most recently in Mar 3, 2020 for a total of $420,000. If you work out the math, that's approximately a cost of $286.49 per sqft. Before that, the property was also sold for $375,000 in Apr 3, 2006. 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 $6,588 in taxes each year. 3316 South Hamilton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,852. If we break it down further, the land itself was valued at $7,813. Improvements to the property, however, were assessed at a total of $24,039. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • 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: 1,466
  • Gross Building Area: 1,466
  • Building Area: 1,466
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,466
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITES SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H F (WHITES) SUB OF N2/3 OF BLK14 IN S J WALKERS SUB OF PT S OF CANAL OF EH NE OF SEC 36-39-13 & PT S OF CANAL OF NW SEC 31-3

Ownership

  • Current Owner : COMSA GHEORGHE H
  • Previous Owner : BIGA MARK
  • Previous Owner 2: PERALTA CARLA G
  • Owner Before Previous Owner: HERNANDEZ MIGUEL A
  • Owner Before Previous Owner 2: HERNANDEZ ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-31-113-032-0000
  • Block: 14
  • Lot: 8
  • Meridian: SEC 36 TWN 39N RNG 13E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8334
  • Longitude: -87.6793

    Address

  • Full Address: 3316 S Hamilton Ave
  • Address - House Number: 3316
  • Street Direction: S
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 6039
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,588
  • Tax Rate Code Area: 76007

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 463,052
  • High Value: 571,942
  • Low Value: 354,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,450
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $402,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $318,520
  • Market Land Value: $78,130
  • Market Improvement Value: $240,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,852
  • Assessed Land Value: $7,813
  • Assessed Improvements Value: $24,039

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Mar 09, 2020
  • Current Sale Transaction ID: 11745123934
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006908328
  • Previous Sale Recording Date: Apr 17, 2006
  • Previous Sale Contract Date: Apr 03, 2006
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Mar 09, 2020
  • First Mortgage Loan Amount: $405,982
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: ACCREDITED HOME LENDERS INC
  • Previous Mortgage Transaction Date: Apr 17, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3316 South Hamilton Avenue located in?
The 3316 South Hamilton Avenue is a multifamily located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3316 South Hamilton Avenue?
The average sales price for units in 3316 South Hamilton Avenue is $0 currently.

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