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3340 South Hamilton Avenue

3340 South Hamilton Avenue, Chicago, IL 60608
Property in McKinley Park
Sold Dec 06, 2021
$380,000
$304,000 by Citibank Na
Mortgage Due Jan 01, 2052
Sold Oct 14, 2016
$220,000
3340 South Hamilton 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 1933 and is 91 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3340 South Hamilton Avenue has 1,127 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 3,541 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 asphalt. 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. The property was last sold in Dec 1, 2021 for $380,000. That's $337.18 per sqft. Prior to that sales transaction, the property was also sold in Oct 11, 2016 for $220,000. 3340 South Hamilton Avenue was last assessed in 2023. The total value of the property was assessed at $28,001. Specifically, the land the property is located on was valued at $8,853. While improvements on the property were assessed at a total of $19,148. 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 $5,792. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,541
  • Total Building Area: 1,127
  • Gross Building Area: 1,127
  • Building Area: 1,127
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,127
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITES SUB
  • Land Acres: 0.081
  • 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 : ZHONG ZIJIAN
  • Current Owner 2: ZHONG ZIHAO
  • Previous Owner : WU LIANG FENG
  • Previous Owner 2: LIANG LI LING
  • Owner Before Previous Owner: RAMEL JOSEPH M
  • Owner Before Previous Owner 2: RAMEL JILL M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

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: 17-31-113-041-0000
  • Block: 14
  • Lot: 15,16
  • Meridian: SEC 36 TWN 39N RNG 13E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8328
  • Longitude: -87.6795

    Address

  • Full Address: 3340 S Hamilton Ave
  • Address - House Number: 3340
  • Street Direction: S
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 6034
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,792
  • Tax Rate Code Area: 76007

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 410,559
  • High Value: 496,271
  • Low Value: 324,847

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $280,010
  • Market Land Value: $88,530
  • Market Improvement Value: $191,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,001
  • Assessed Land Value: $8,853
  • Assessed Improvements Value: $19,148

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11872874596
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2134010151
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Contract Date: Oct 11, 2016
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Unknown

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3340 South Hamilton Avenue located in?
The 3340 South Hamilton Avenue is a located in the neighborhood of McKinley Park in Southwest Side, Chicago.
What is the average sales price for listings in 3340 South Hamilton Avenue?
The average sales price for units in 3340 South Hamilton Avenue is $0 currently.

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