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3323 South Hoyne Avenue

3323 South Hoyne Avenue, Chicago, IL 60608
Multifamily in McKinley Park
Sold Apr 04, 2022
Transfer
Sold Jan 27, 2021
$200,000
$120,000 by Metro City Bank
Mortgage Due Nov 01, 2035
Local assessors in Chicago, IL have categorized 3323 South Hoyne Avenue as a residential type of property. The home was built in 1883 and is 141 years old. The property's lot size has been calculated to be 3,024 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 240 ft. 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, 5 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3323 South Hoyne Avenue has a total of 1,398 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 2 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $200,000 in Oct 22, 2020. Current property owners are expected to pay $3,516 in taxes per year. The property on 3323 South Hoyne Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,000. To break that down further, the land itself was valued at $7,560. While improvements to the property were assessed at a total of $9,440. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Aluminum Siding
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 1883
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • 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: 1
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,024
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 240
  • Total Building Area: 1,398
  • Gross Building Area: 1,398
  • Building Area: 1,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,398
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROSS & BOWMANS
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GROSS) & (BOWMANS) SUB OF BLKS 5 & 15 IN S J WALKERS SUB OF PT S OF CANAL OF NW OF SEC 31-39-14 & PT S OF CANAL OF EH NE OF

Ownership

  • Current Owner : LI JIANNING
  • Current Owner 2: SITU SHAN
  • Previous Owner : WU ZIXIA
  • Previous Owner 2: YU YUXIA
  • Owner Before Previous Owner: CALDERON HILDA
  • Owner Before Previous Owner 2: LUNA VICTOR J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

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: 17-31-115-010-0000
  • Block: 5,15
  • Lot: 41
  • Meridian: SEC 31 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8333
  • Longitude: -87.6775

    Address

  • Full Address: 3323 S Hoyne Ave
  • Address - House Number: 3323
  • Street Direction: S
  • Address - Street Name: Hoyne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 6122
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,516
  • Tax Rate Code Area: 76007

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $75,600
  • Market Improvement Value: $94,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,000
  • Assessed Land Value: $7,560
  • Assessed Improvements Value: $9,440

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Apr 04, 2022
  • Current Sale Transaction ID: 11889557809
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2209422083
  • Previous Sale Recording Date: Jan 27, 2021
  • Previous Sale Contract Date: Oct 22, 2020
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: METRO CITY BANK
  • Previous Mortgage Transaction Date: Jan 27, 2021
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3323 South Hoyne Avenue located in?
The 3323 South Hoyne Avenue is a multifamily located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3323 South Hoyne Avenue?
The average sales price for units in 3323 South Hoyne Avenue is $0 currently.

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