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3507 West 59th Place

3507 West 59th Place, Chicago, IL 60629
Property in Chicago Lawn
Sold Nov 23, 2021
$225,000
$218,250 by First Midwest Bank
Mortgage Due Dec 01, 2051
3507 West 59th Place in Chicago, IL was first built in 1910 and is 114 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. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3507 West 59th Place has 840 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 3,125 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 detached garage. There are a total of 2 available parking spaces. 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. The property was last sold in Nov 9, 2021 for $225,000. That's $267.86 per sqft. 3507 West 59th Place was last assessed in 2023. The total value of the property was assessed at $11,000. Specifically, the land the property is located on was valued at $2,656. While improvements on the property were assessed at a total of $8,344. 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 $2,275. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • 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: 3,125
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLER PHILLIPS & KEHER
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DIAZ HECTOR
  • Previous Owner : BRITTAIN KATHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: May 02, 2024
  • District: 72
  • Parcel: 19-14-405-021-0000
  • Block: 2
  • Lot: 49
  • Meridian: SEC 14 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.785
  • Longitude: -87.711

    Address

  • Full Address: 3507 W 59th Pl
  • Address - House Number: 3507
  • Street Direction: W
  • Address - Street Name: 59th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 3626
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,275
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 220,151
  • High Value: 275,833
  • Low Value: 164,469

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $224,250
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $218,250
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Nov 23, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $26,560
  • Market Improvement Value: $83,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,656
  • Assessed Improvements Value: $8,344

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11870036859
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2132721327

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $218,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 3507 West 59th Place located in?
The 3507 West 59th Place is a located in the neighborhood of Chicago Lawn in South Side, Chicago.
What is the average sales price for listings in 3507 West 59th Place?
The average sales price for units in 3507 West 59th Place is $0 currently.

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