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3705 North Albany Avenue

3705 North Albany Avenue, Chicago, IL 60618
Property in Irving Park
Sold Nov 04, 2002
Transfer
$50,000 by Fifth Third Bank Na
Mortgage Due Mar 25, 2051
Sold Apr 30, 1998
$135,000
3705 North Albany 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 1967 and is 57 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3705 North Albany Avenue has 1,040 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 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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. Prior to that sales transaction, the property was also sold in Mar 27, 1998 for $135,000. 3705 North Albany Avenue was last assessed in 2023. The total value of the property was assessed at $45,000. Specifically, the land the property is located on was valued at $15,625. While improvements on the property were assessed at a total of $29,375. 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 $3,728. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF THE NH SW1/4NW1/4 NH SW
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF THE NH SW1/4NW1/4 NH SW NW SEC 24-40-13

Ownership

  • Current Owner : MCKENNA JAMES
  • Current Owner 2: MCKENNA KATHRYN
  • Previous Owner : MCKENNA JAMES
  • Owner Before Previous Owner: DAVIS MYRIAM
  • Owner Before Previous Owner 2: MEJIA JUAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 160700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 019-100-01
  • District: 71
  • Parcel: 13-24-118-019-0000
  • Block: 2
  • Lot: 23
  • Meridian: SEC 24 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9487
  • Longitude: -87.7051

    Address

  • Full Address: 3705 N Albany Ave
  • Address - House Number: 3705
  • Street Direction: N
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C033
  • 4-Digit Zip Code: 4521
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,728
  • Tax Rate Code Area: 71128

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 492,584
  • High Value: 608,845
  • Low Value: 376,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 25, 2051

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $156,250
  • Market Improvement Value: $293,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $15,625
  • Assessed Improvements Value: $29,375

    Sales

  • Current Sale Contract Date: Oct 23, 2002
  • Current Sale Recording Date: Nov 04, 2002
  • Current Sale Transaction ID: 1093355476
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 0021213107
  • Previous Sale Recording Date: Apr 30, 1998
  • Previous Sale Contract Date: Mar 27, 1998
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SECURITY MTG
  • First Mortgage Transaction Date: Nov 04, 2002
  • First Mortgage Loan Amount: $204,489
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2032

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Frequently Asked Questions

What neighborhood is 3705 North Albany Avenue located in?
The 3705 North Albany Avenue is a located in the neighborhood of Irving Park in Northwest Side, Chicago.
What is the average sales price for listings in 3705 North Albany Avenue?
The average sales price for units in 3705 North Albany Avenue is $0 currently.

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