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3520 West 59th Street

3520 West 59th Street, Chicago, IL 60629
Multifamily in Gage Park
Sold Oct 27, 2020
$380,000
$373,117 by Neighborhood Loans
Mortgage Due Sep 01, 2050
Sold Dec 18, 2008
$240,000
$237,823 by Taylor Bean & Whitaker Mortgag
Mortgage Due Dec 01, 2038
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Unit for sale at 4053 W 59th Street, Chicago, IL 60629

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  • 4 Beds
  • 2 Baths
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4053 W 59th Street, Chicago, IL 60629 Listing by Sonia Anaya

3520 West 59th 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 1959 and is 65 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3520 West 59th Street has 2,554 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,687 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 is one available parking space. 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 frame 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 asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 3520 West 59th Street was last sold in Aug 27, 2020 for $380,000. According to our calculations, that's $148.79 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Nov 21, 2008. Current property owners are expected to pay $4,670 in taxes per year. The property on 3520 West 59th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $26,000. To break that down further, the land itself was valued at $3,984. While improvements to the property were assessed at a total of $22,016. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,554
  • Gross Building Area: 2,554
  • Building Area: 2,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,554
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EBERHART & RITCHIES
  • Land Acres: 0.108
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (EBERHART)&(RITCHIES) SUB OF WH SW NE SEC 14-38-13

Ownership

  • Current Owner : HAWKINS TIFFANY N
  • Previous Owner : DELA ROSA JUAN
  • Previous Owner 2: DE LA ROSA
  • Owner Before Previous Owner: IZQUIERDO JAVIER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 630900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-14-222-052-0000
  • Block: 4
  • Lot: 37,38
  • Meridian: SEC 14 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7863
  • Longitude: -87.7116

    Address

  • Full Address: 3520 W 59th St
  • Address - House Number: 3520
  • Street Direction: W
  • Address - Street Name: 59th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 3641
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,670
  • Tax Rate Code Area: 72014

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $373,117
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $373,117
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $39,840
  • Market Improvement Value: $220,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,000
  • Assessed Land Value: $3,984
  • Assessed Improvements Value: $22,016

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11795038609
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2030116046
  • Previous Sale Recording Date: Dec 18, 2008
  • Previous Sale Contract Date: Nov 21, 2008
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $373,117
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Dec 18, 2008
  • Previous Mortgage Loan Amount: $237,823
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2038

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3520 West 59th Street located in?
The 3520 West 59th Street is a multifamily located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 3520 West 59th Street?
The average sales price for units in 3520 West 59th Street is $0 currently.

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