See Home Value
$287,210*
House - Off Market

3616 W 116th Street

Chicago, IL 60655
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1632 Sqft
$257,000 - $313,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold May 01, 2023
$292,500
$292,500 by American Pacific Mortgage Corp
Mortgage Due May 01, 2053
Sold Jun 29, 2004
$215,000
$172,000 by Washington Mutual Bank Fa
Mortgage Due Jun 01, 2034

About This Property

Opportunity knocks!!! MOTIVATED SELLER OFFERING 5K TO BUY DOWN RATE OR USE TOWARDS CLOSING COSTS! Now is your chance to own an updated 4 bedroom 2 bath house in Chicago's Mount Greenwood Neighborhood! Enjoy electric radiant heat throughout the entire first floor- this means HUGE Energy Cost Savings!  Pella Low-E windows bring in natural sunlight from all around! Updated Kitchen features Granite Counter Tops, 42" Cabinets and New Oven and Dishwasher! The Second floor features 3 generously sized bedrooms, with Custom Wood Trim throughout. Large finished basement provides another almost 800 Sqft of living space and a spacious laundry room with New Washer and Dryer! Large backyard provides tons of space to create an outdoor oasis and a 2 car garage! Schedule your Tour Today!

The manager has listed the unit size as 1632 square feet.
Unit Size
1,632Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$175
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1949

Price History

Date / Event Date Event Price
May 1, 2023 No longer available -
No longer available
May 1, 2023 Sold to Fabian Jimenez $292,500
Sold to Fabian Jimenez
Mar 28, 2023 In contract -
In contract
Feb 22, 2023 Price Decreased $285,000
↓ $5K (1.6%)
Price Decreased
Feb 1, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,762
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,538
  • Gross Building Area: 1,538
  • Building Area: 1,538
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,538
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ATWOODS ADD TO WASHINGTON HEIGHTS
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (ATWOODS) ADD TO (WASHINGTON)(HEIGHTS) SUB N100ACS OF SW & N50ACS OF WH SE OF SEC 23-37-13

Ownership

  • Current Owner : JIMENEZ FABIAN
  • Previous Owner : ROSS RICHARD JAMES
  • Previous Owner 2: SHANNON STARR
  • Owner Before Previous Owner: SPATZ MICHAEL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 740400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-23-307-018-0000
  • Block: 10
  • Lot: 42,41
  • Meridian: SEC 23 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.6826
  • Longitude: -87.711

    Address

  • Full Address: 3616 W 116th St
  • Address - House Number: 3616
  • Street Direction: W
  • Address - Street Name: 116th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C030
  • 4-Digit Zip Code: 3672
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,658
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 294,097
  • High Value: 323,832
  • Low Value: 264,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 01, 2023
  • First Open Lien Mortgage Loan Amount: $292,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $47,620
  • Market Improvement Value: $212,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $4,762
  • Assessed Improvements Value: $21,238

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Transaction ID: 11905866617
  • Current Sale Price: $292,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8187
  • Previous Sale Recording Date: Jun 29, 2004
  • Previous Sale Contract Date: May 24, 2004
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: May 01, 2023
  • First Mortgage Loan Amount: $292,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 29, 2004
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
1,999 ft²
$133/ft²
$264,900 Nov 11, 2022
-
$668/mo
House
3 Beds
1.5 Baths
1,200 ft²
$221/ft²
$264,900 Feb 17, 2023
-
$267/mo
House
3 Beds
2 Baths
1,171 ft²
$222/ft²
$259,900 Feb 17, 2023
-
$312/mo
House
2 Beds
1 Bath
1,162 ft²
$215/ft²
$249,900 Mar 29, 2023
-
$280/mo
House
3 Beds
2.5 Baths
-
$335,000 Mar 2, 2023
-
$314/mo

About Far South Chicago


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Frequently Asked Questions

When was property at 3616 West 116th Street built and last sold?
The property at 3616 West 116th Street was built in 1949 and last sold on Apr 25, 2023 for $292,500.
How much is this home worth?
The estimated value of the home located at 3616 West 116th Street is $289,329.
What are some comparable homes to 3616 West 116th Street?
Homes that are comparable to 3616 West 116th Street include a house property at 11464 South Homan Avenue, 4255 West 117th Street, 3747 West 120th Place.

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