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3356 West Walnut Street

3356 West Walnut Street, Chicago, IL 60624
Sold Aug 19, 2022
$365,000
$304,537 by Home Mortgage Alliance Corp
Mortgage Due Aug 01, 2052
Sold Mar 16, 2017
$260,000
$255,290 by Nations Direct Mortgage Llc
Mortgage Due Apr 01, 2047
3356 West Walnut Street in Chicago, IL was first built in 1880 and is 144 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. 3356 West Walnut Street has 1,932 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 200 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 2,666 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. 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, 3356 West Walnut Street sold most recently in Jun 23, 2022 for a total of $365,000. If you work out the math, that's approximately a cost of $188.92 per sqft. Before that, the property was also sold for $260,000 in Mar 14, 2017. 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 $3,715 in taxes each year. 3356 West Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,000. If we break it down further, the land itself was valued at $3,133. Improvements to the property, however, were assessed at a total of $14,867. 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. 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!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: 1880
  • Effective Year Built: 1880
  • 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: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,666
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SULLIVANS SUB
  • Land Acres: 0.061
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: ROGER C (SULLIVANS) SUB LTS 28-30 SUB W PT BLKS 3-4 9 -10 TYRRELL BARRETT & KERFOOTS SUB EH SE SEC 11-39-13

Ownership

  • Current Owner : BAMGBOSE MANDAY MIKE
  • Previous Owner : ECFORD CADARIS T
  • Owner Before Previous Owner: RAYLAND DEVELOPMENT LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 836800

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-11-408-042-0000
  • Block: 3,4
  • Lot: 28-30
  • Meridian: SEC 11 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8856
  • Longitude: -87.7109

    Address

  • Full Address: 3356 W Walnut St
  • Address - House Number: 3356
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C049
  • 4-Digit Zip Code: 2028
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,715
  • Tax Rate Code Area: 77121

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 348,788
  • High Value: 437,910
  • Low Value: 259,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,537
  • First Open Lien Mortgage Lender: HOME MORTGAGE ALLIANCE CORP
  • First Open Lien Mortgage Recording Date: Aug 19, 2022
  • First Open Lien Mortgage Loan Amount: $304,537
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $31,330
  • Market Improvement Value: $148,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,133
  • Assessed Improvements Value: $14,867

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Transaction ID: 11905289729
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15027
  • Previous Sale Recording Date: Mar 16, 2017
  • Previous Sale Contract Date: Mar 14, 2017
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME MORTGAGE ALLIANCE CORP
  • First Mortgage Transaction Date: Aug 19, 2022
  • First Mortgage Loan Amount: $304,537
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 16, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $255,290
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2047

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Frequently Asked Questions

What neighborhood is 3356 West Walnut Street located in?
The 3356 West Walnut Street is a located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 3356 West Walnut Street?
The average sales price for units in 3356 West Walnut Street is $0 currently.

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