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3729 North Albany Avenue

3729 North Albany Avenue, Chicago, IL 60618
House in Irving Park
Sold Dec 07, 2018
$750,000
$489,000 by Summit Funding Inc
Mortgage Due Feb 01, 2051
Sold Dec 05, 2017
$303,000
Local assessors in Chicago, IL have categorized 3729 North Albany Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 4,166 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3729 North Albany Avenue has a total of 1,034 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3729 North Albany Avenue sold most recently in Dec 5, 2018 for a total of $750,000. If you work out the math, that's approximately a cost of $725.34 per sqft. Before that, the property was also sold for $303,000 in Oct 17, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,127 in taxes each year. 3729 North Albany Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,139. If we break it down further, the land itself was valued at $20,830. Improvements to the property, however, were assessed at a total of $34,309. 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: 1925
  • Effective Year Built: 1925
  • 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: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,166
  • Total Building Area: 1,034
  • Gross Building Area: 1,034
  • Building Area: 1,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,034
  • 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: 0.096
  • 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 : BLAKE RYAN
  • Current Owner 2: LUCAS MEREDITH
  • Previous Owner : DWELLCENTRIC LLC
  • Owner Before Previous Owner: KARLIC CECILIA
  • Owner Before Previous Owner 2: KARLIC ROBERT G
  • 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: 13-24-118-011-0000
  • Block: 2
  • Lot: 13,14
  • Meridian: SEC 24 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9493
  • Longitude: -87.7052

    Address

  • Full Address: 3729 N Albany Ave
  • Address - House Number: 3729
  • 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: $9,127
  • Tax Rate Code Area: 71128

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 754,977
  • High Value: 929,392
  • Low Value: 580,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $489,000
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Feb 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $489,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $551,390
  • Market Land Value: $208,300
  • Market Improvement Value: $343,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,139
  • Assessed Land Value: $20,830
  • Assessed Improvements Value: $34,309

    Sales

  • Current Sale Contract Date: Dec 05, 2018
  • Current Sale Recording Date: Dec 07, 2018
  • Current Sale Transaction ID: 11542256844
  • Current Sale Price: $750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1834108063
  • Previous Sale Recording Date: Dec 05, 2017
  • Previous Sale Contract Date: Oct 17, 2017
  • Previous Sale Amount: $303,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Dec 07, 2018
  • First Mortgage Loan Amount: $599,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northwest Side



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Nearby Rentals

Unit for rent at

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
Listing by Geoffrey Zureikat
Unit for rent at

$3,400 /mo

  • 2 Beds
  • 2 Baths
Listing by Joseph Kotoch
Unit for rent at

$3,200 /mo

  • 4 Beds
  • 3 Baths
  • 3,000 ft²
Listing by Mark Watkins
Unit for rent at

$2,950 /mo

  • 3 Beds
  • 2 Baths
Listing by Anthony Araque
Unit for rent at

$2,985 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Nikola Gasic
Unit for rent at

$3,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
Listing by Amy Rapp

Frequently Asked Questions

What neighborhood is 3729 North Albany Avenue located in?
The 3729 North Albany Avenue is a house located in the neighborhood of Irving Park in Northwest Side, Chicago.
What is the average sales price for listings in 3729 North Albany Avenue?
The average sales price for units in 3729 North Albany Avenue is $0 currently.

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