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3638 South Union Avenue

3638 South Union Avenue, Chicago, IL 60609
Multifamily in Bridgeport
Refi Sep 15, 2023
Transfer
Owner
$220,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2053
3638 South Union 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 1900 and is 124 years old. The home has a total of 8 rooms. 4 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, 3638 South Union Avenue has 2,058 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. 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 air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,907 in taxes each year. 3638 South Union Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $13,094. Improvements to the property, however, were assessed at a total of $23,906. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,976
  • Total Building Area: 2,058
  • Gross Building Area: 2,058
  • Building Area: 2,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,058
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

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

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 004-110-03
  • District: 76
  • Parcel: 17-33-309-041-0000
  • Block: 23,24
  • Lot: 33
  • Meridian: SEC 33 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8278
  • Longitude: -87.6429

    Address

  • Full Address: 3638 S Lowe Ave
  • Address - House Number: 3638
  • Street Direction: S
  • Address - Street Name: Lowe
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 1626
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,907
  • Tax Rate Code Area: 76008

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 15, 2023
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $130,940
  • Market Improvement Value: $239,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,000
  • Assessed Land Value: $13,094
  • Assessed Improvements Value: $23,906

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Frequently Asked Questions

What neighborhood is 3638 South Union Avenue located in?
The 3638 South Union Avenue is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 3638 South Union Avenue?
The average sales price for units in 3638 South Union Avenue is $0 currently.

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