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3450 147th Street

3450 147th Street, Midlothian, IL 60445
Property in Bremen
Refi Jul 16, 2021
Transfer
$8,135,500 by M360 Community Development Fun
Mortgage
Local assessors in Midlothian, IL have categorized 3450 147th Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 15,000 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 7,480 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 0 rooms in the home. Of these, 17 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 3450 147th Street has a total of 8,524 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $49,170 in taxes each year. 3450 147th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,575. If we break it down further, the land itself was valued at $5,250. Improvements to the property, however, were assessed at a total of $108,325. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1958
  • Building Count: 1
  • Bedroom Count: 17
  • Building Style: Multifamily
  • Living Units: 17
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 7,480
  • Total Building Area: 8,524
  • Gross Building Area: 8,524
  • Building Area: 8,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCINTOSH & COS HOME ADD TO MIDLOTHIAN
  • Land Acres: 0.344
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: ARTHUR T (MCINTOSH) & COS (HOME) ADD TO (MIDLOTHIAN) SEC 11-36-13

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Midlothian School District 143
  • Census Tract: 824702

Geography

  • District: 13
  • Parcel: 28-11-225-027-0000
  • Block: 30
  • Lot: 13,14
  • Meridian: SEC 11 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.626
  • Longitude: -87.7051

    Address

  • Full Address: 3450 147th St
  • Address - House Number: 3450
  • Address - Street Name: 147th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C015
  • 4-Digit Zip Code: 3063
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $49,170
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,277,711
  • High Value: 1,604,190
  • Low Value: 951,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,135,500
  • First Open Lien Mortgage Lender: M360 COMMUNITY DEVELOPMENT FUN
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $8,135,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,135,750
  • Market Land Value: $52,500
  • Market Improvement Value: $1,083,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,575
  • Assessed Land Value: $5,250
  • Assessed Improvements Value: $108,325

About Midlothian



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Unit for rent at 2412 W Walter Zimny Drive, Posen, IL, 60469

$850 /mo

  • 1 Bed
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2412 W Walter Zimny Drive #1, Posen, IL, 60469 Listing by Whitney Simmons

Frequently Asked Questions

What neighborhood is 3450 147th Street located in?
The 3450 147th Street is a located in the neighborhood of Bremen in Midlothian, Midlothian.
What is the average sales price for listings in 3450 147th Street?
The average sales price for units in 3450 147th Street is $0 currently.

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