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3426 West Walnut Street

3426 West Walnut Street, Chicago, IL 60624
Sold Aug 18, 2021
$435,000
$427,121 by Caliber Home Loans Inc
Mortgage Due Jun 01, 2051
Sold Aug 14, 2018
$71,000
$202,500 by Finance Of America Commercial
Mortgage Due Sep 01, 2019
3426 West Walnut Street 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 1905 and is 119 years old. The home has a total of 15 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3426 West Walnut Street has 4,049 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 2,853 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 tar and gravel. 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 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, 3426 West Walnut Street sold most recently in Apr 27, 2021 for a total of $435,000. If you work out the math, that's approximately a cost of $107.43 per sqft. Before that, the property was also sold for $71,000 in Aug 7, 2018. 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 $6,071 in taxes each year. 3426 West Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,916. If we break it down further, the land itself was valued at $3,352. Improvements to the property, however, were assessed at a total of $33,564. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,853
  • Total Building Area: 4,049
  • Gross Building Area: 4,049
  • Building Area: 4,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,049
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARDS
  • Land Acres: 0.066
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : ROMERO VICTOR J
  • Previous Owner : BRILLIANT FUTURE LLC
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION (
  • Is Owner Occupied: Owner-occupied property

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: 16-11-407-038-0000
  • Block: 2
  • Lot: 16,17
  • Meridian: SEC 11 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8857
  • Longitude: -87.7123

    Address

  • Full Address: 3426 W Walnut St
  • Address - House Number: 3426
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C049
  • 4-Digit Zip Code: 1909
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,071
  • Tax Rate Code Area: 77121

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 441,738
  • High Value: 554,610
  • Low Value: 328,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,121
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $427,121
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $369,160
  • Market Land Value: $33,520
  • Market Improvement Value: $335,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,916
  • Assessed Land Value: $3,352
  • Assessed Improvements Value: $33,564

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11850298731
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2123010080
  • Previous Sale Recording Date: Aug 14, 2018
  • Previous Sale Contract Date: Aug 07, 2018
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $427,121
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Aug 14, 2018
  • Previous Mortgage Loan Amount: $202,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2019

About West Side



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Frequently Asked Questions

What neighborhood is 3426 West Walnut Street located in?
The 3426 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 3426 West Walnut Street?
The average sales price for units in 3426 West Walnut Street is $0 currently.

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