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3704 North Janssen Avenue

3704 North Janssen Avenue, Chicago, IL 60613
Multifamily in Lakeview
Sold Jul 19, 2021
$1,500,000
Buyer
Seller
$866,000 by Draper & Kramer Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Feb 13, 2014
$995,000
$796,000 by Republic Bank Of Chicago
Mortgage Due Jan 22, 2019
3704 North Janssen 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 1895 and is 129 years old. The home has a total of 15 rooms. 6 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 3 stories. In addition, 3704 North Janssen Avenue has 3,471 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 3,075 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 3 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 tar and gravel. 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. The property was last sold in Jun 22, 2021 for $1,500,000. That's $432.15 per sqft. Prior to that sales transaction, the property was also sold in Jan 16, 2014 for $995,000. 3704 North Janssen Avenue was last assessed in 2023. The total value of the property was assessed at $99,891. Specifically, the land the property is located on was valued at $46,125. While improvements on the property were assessed at a total of $53,766. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $20,546. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • 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: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,075
  • Total Building Area: 3,471
  • Gross Building Area: 3,471
  • Building Area: 3,471
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,471
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROODS
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : SOCHAT MORRY
  • Previous Owner : CHM INC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 060400

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: 009-113-01
  • District: 73
  • Parcel: 14-20-113-043-0000
  • Block: 1
  • Lot: 22,23
  • Meridian: SEC 20 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9491
  • Longitude: -87.6658

    Address

  • Full Address: 3704 N Janssen Ave
  • Address - House Number: 3704
  • Street Direction: N
  • Address - Street Name: Janssen
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C035
  • 4-Digit Zip Code: 4983
  • Zip Code: 60613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,546
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,033,241
  • High Value: 1,189,193
  • Low Value: 877,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $866,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $866,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $998,910
  • Market Land Value: $461,250
  • Market Improvement Value: $537,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,891
  • Assessed Land Value: $46,125
  • Assessed Improvements Value: $53,766

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11844708086
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120021298
  • Previous Sale Recording Date: Feb 13, 2014
  • Previous Sale Contract Date: Jan 16, 2014
  • Previous Sale Amount: $995,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $866,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANK OF CHICAGO
  • Previous Mortgage Transaction Date: Feb 13, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $796,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 22, 2019

About North Side



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Frequently Asked Questions

What neighborhood is 3704 North Janssen Avenue located in?
The 3704 North Janssen Avenue is a multifamily located in the neighborhood of Lakeview in North Side, Chicago.
What is the average sales price for listings in 3704 North Janssen Avenue?
The average sales price for units in 3704 North Janssen Avenue is $1,695,000 currently.

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