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3415 South Wallace Street

3415 South Wallace Street, Chicago, IL 60616
Multifamily in Bridgeport
3415 South Wallace Street in Chicago, IL was first built in 1890 and is 134 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. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3415 South Wallace Street has 2,788 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. In total, the area measurement of the land is 3,162 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 frame 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 wood. 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. 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, 3415 South Wallace Street was last sold in Feb 20, 2020 for $186,500. According to our calculations, that's $66.89 per sqft. Prior to that sales transaction, the property was sold for $280,000 in Jun 20, 2007. Current property owners are expected to pay $6,907 in taxes per year. The property on 3415 South Wallace Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $37,000. To break that down further, the land itself was valued at $13,913. While improvements to the property were assessed at a total of $23,087. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190722
07/22/2019
7 Bed
-
-
$338,000
bedrooms
7 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,162
  • Total Building Area: 2,788
  • Gross Building Area: 2,788
  • Building Area: 2,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WANG FAN
  • Previous Owner : WANG FAN
  • Previous Owner 2: XU ZHIPING
  • Owner Before Previous Owner: PAN LI

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-33-122-031-0000
  • Block: 11
  • Lot: 98
  • Meridian: SEC 33 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8321
  • Longitude: -87.6409

    Address

  • Full Address: 3415 S Wallace St
  • Address - House Number: 3415
  • Street Direction: S
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 3525
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,907
  • Tax Rate Code Area: 76001

    Appraisal Valuation

  • Standard Deviation: 0.9036
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 21
  • Final Value: 369,000
  • High Value: 427,000
  • Low Value: 319,000

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $139,130
  • Market Improvement Value: $230,870

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,000
  • Assessed Land Value: $13,913
  • Assessed Improvements Value: $23,087

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Transaction ID: 11887287914
  • Current Sale Price: $186,500
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2201422070
  • Previous Sale Recording Date: Jul 05, 2007
  • Previous Sale Contract Date: Jun 20, 2007
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 05, 2007
  • Previous Mortgage Loan Amount: $224,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3415 South Wallace Street located in?
The 3415 South Wallace Street is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 3415 South Wallace Street?
The average sales price for units in 3415 South Wallace Street is $0 currently.

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