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3540 South Emerald Avenue

3540 South Emerald Avenue, Chicago, IL 60609
Multifamily in Bridgeport
Sold Dec 11, 2018
$405,000
$324,000 by Crosscountry Mortgage Inc
Mortgage Due Jan 01, 2049
Sold Aug 26, 2010
$336,500
$252,000 by Expedia Mortgage Company
Mortgage Due Sep 01, 2040
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3540 South Emerald Avenue 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 1890 and is 134 years old. The home has a total of 15 rooms. 8 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, 3540 South Emerald Avenue has 3,170 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 250 ft. The area measurement of the land has been determined as 2,976 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 asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central 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, 3540 South Emerald Avenue was last sold in Dec 7, 2018 for $405,000. According to our calculations, that's $127.76 per sqft. Prior to that sales transaction, the property was sold for $336,500 in Aug 10, 2010. Current property owners are expected to pay $8,963 in taxes per year. The property on 3540 South Emerald Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $47,000. To break that down further, the land itself was valued at $13,094. While improvements to the property were assessed at a total of $33,906. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 8
  • 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: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,976
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,170
  • Gross Building Area: 3,170
  • Building Area: 3,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAMBURG BEING SAMUEL GEHRS
  • Land Acres: 0.068
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (HAMBURG) BEING SAMUEL (GEHRS) SUB OF BLKS23-24 IN CA NAL TRUSTEES SUB OF SEC 33-39-14

Ownership

  • Current Owner : DILIBERTO GINO
  • Previous Owner : JIAO YAN
  • Previous Owner 2: ZHANG WEIJIA
  • Owner Before Previous Owner: MCKENZIE STEPHEN J
  • Owner Before Previous Owner 2: MCKENZIE KATHLEEN M

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 839900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-33-300-042-0000
  • Block: 23,24
  • Lot: 36
  • Meridian: SEC 33 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8295
  • Longitude: -87.6452

    Address

  • Full Address: 3540 S Emerald Ave
  • Address - House Number: 3540
  • Street Direction: S
  • Address - Street Name: Emerald
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 1835
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,963
  • Tax Rate Code Area: 76008

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 11, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $324,000
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $130,940
  • Market Improvement Value: $339,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,000
  • Assessed Land Value: $13,094
  • Assessed Improvements Value: $33,906

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 11, 2018
  • Current Sale Transaction ID: 11542943089
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1834549056
  • Previous Sale Recording Date: Aug 26, 2010
  • Previous Sale Contract Date: Aug 10, 2010
  • Previous Sale Amount: $336,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Dec 11, 2018
  • First Mortgage Loan Amount: $324,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: EXPEDIA MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Aug 26, 2010
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3540 South Emerald Avenue located in?
The 3540 South Emerald Avenue is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 3540 South Emerald Avenue?
The average sales price for units in 3540 South Emerald Avenue is $0 currently.

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