Check Availability

3527 West Lexington Street

3527 West Lexington Street, Chicago, IL 60624
Multifamily in Homan Square
Sold Oct 09, 2019
$240,000
$235,653 by Cibc Bank Usa
Mortgage Due Nov 01, 2049
Sold Mar 11, 2011
$25,000
Local assessors in Chicago, IL have categorized 3527 West Lexington Street as a residential type of property. The home was built in 1904 and is 120 years old. The property's lot size has been calculated to be 3,125 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 250 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 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3527 West Lexington Street has a total of 1,876 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 3527 West Lexington Street was last sold in Oct 4, 2019 for $240,000. According to our calculations, that's $127.93 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Nov 3, 2010. Current property owners are expected to pay $3,302 in taxes per year. The property on 3527 West Lexington Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,000. To break that down further, the land itself was valued at $3,672. While improvements to the property were assessed at a total of $12,328. 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

Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,876
  • Gross Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUMMINGS & COMPANYS CENTRAL
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: E A (CUMMINGS) & COMPANYS (CENTRAL) PARK AVENUE ADDIT ION SUB LYING S N40RDS & N OF N LINE OF RW OF CHI & GREAT WESTERN RR CO

Ownership

  • Current Owner : SUMERLIN BRIANNA
  • Previous Owner : MERCADO MELISSA
  • Owner Before Previous Owner: COLLINS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 271500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Mar 05, 2012
  • District: 77
  • Parcel: 16-14-408-013-0000
  • Block: 16
  • Lot: 11
  • Meridian: SEC 14 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8715
  • Longitude: -87.7142

    Address

  • Full Address: 3527 W Lexington St
  • Address - House Number: 3527
  • Street Direction: W
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 4110
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,302
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 338,960
  • High Value: 425,570
  • Low Value: 252,349

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $243,153
  • First Open Lien Mortgage Lender: CIBC BANK USA
  • First Open Lien Mortgage Recording Date: Oct 09, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $235,653
  • 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: Nov 01, 2049
  • Second Open Lien Mortgage Lender: UNITED STATES OF AMERICA
  • Second Open Lien Mortgage Recording Date: Oct 09, 2019
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $36,720
  • Market Improvement Value: $123,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $12,328

    Sales

  • Current Sale Contract Date: Oct 04, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Transaction ID: 11659610826
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1928255258
  • Previous Sale Recording Date: Mar 11, 2011
  • Previous Sale Contract Date: Nov 03, 2010
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: CIBC BANK USA
  • First Mortgage Transaction Date: Oct 09, 2019
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About West Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3131 W Augusta Boulevard, Chicago, IL, 60622

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 901 ft²
3131 W Augusta Boulevard #1F, Chicago, IL, 60622 Listing by Brett Murphy
Unit for rent at 2335 W Chicago Avenue, Chicago, IL, 60622

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,450 ft²
2335 W Chicago Avenue #2R, Chicago, IL, 60622 Listing by Vencie Luna
Unit for rent at 2720 W 23rd Street, Chicago, IL, 60608

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
2720 W 23rd Street #3, Chicago, IL, 60608 Listing by Lawrence Dunning
Unit for rent at 2613 W Ogden Avenue, Chicago, IL, 60608

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
2613 W Ogden Avenue #1, Chicago, IL, 60608 Listing by Kimberly Chang
Unit for rent at 2446 W Taylor Street, Chicago, IL, 60612

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 850 ft²
2446 W Taylor Street #1, Chicago, IL, 60612 Listing by Stephanie Englund Siegel
Unit for rent at 2444 W Madison Street, Chicago, IL, 60612

$2,500 /mo

  • 3 Beds
  • 2 Baths
2444 W Madison Street #3, Chicago, IL, 60612 Listing by Tokela Zahariev
Unit for rent at 2238 W Maypole Avenue, Chicago, IL, 60612

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
2238 W Maypole Avenue #303, Chicago, IL, 60612 Listing by Joseph Tanzillo

Frequently Asked Questions

What neighborhood is 3527 West Lexington Street located in?
The 3527 West Lexington Street is a multifamily located in the neighborhood of Homan Square in West Side, Chicago.
What is the average sales price for listings in 3527 West Lexington Street?
The average sales price for units in 3527 West Lexington Street is $0 currently.

Quantcast