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3900 West Madison Street

3900 West Madison Street, Chicago, IL 60624
Commercial in East Garfield Park
Local assessors in Chicago, IL have categorized 3900 West Madison Street as a commercial type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 109,771 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3900 West Madison Street was last sold in Feb 28, 2006 for $6,100,000. According to our calculations, that's $177.33 per sqft. Current property owners are expected to pay $305,787 in taxes per year. The property on 3900 West Madison Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,255,424. To break that down further, the land itself was valued at $343,372. While improvements to the property were assessed at a total of $912,052. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

8 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211011 Unit 78
10/11/2021
78
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Beth Johnson
Exp Realty
20210718 Unit 3
07/18/2021
3
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Beth Johnson
Exp Realty
20210718 Unit 16
07/18/2021
16
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Beth Johnson
Exp Realty
20210718 Unit 12
07/18/2021
12
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Beth Johnson
Exp Realty
20200807 Unit 12
08/07/2020
12
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Beth Johnson
Exp Realty
20181009 Unit 16
10/09/2018
16
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Beth Johnson
Exp Realty
20181009 Unit 14
10/09/2018
14
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-
20180816
08/16/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Business/Commerical Units Count: 14
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 109,771
  • Total Building Area: 34,400
  • Building Area: 34,400
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: COURT PARTITION OF E 30 ACS W 40 ACS O
  • Land Acres: 2.52
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: (COURT) PARTITION OF E 30 ACS W 40 ACS OF SW SEC 11-39-13

Ownership

  • Current Owner : WEST MADISON PROPERTIES LLC
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 260100

Zoning

  • Zoning: B3-3,B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-11-311-017-0000
  • Lot: 1,2
  • Meridian: SEC 11 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8815
  • Longitude: -87.7238

    Address

  • Full Address: 3900 W Madison St
  • Address - House Number: 3900
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C044
  • 4-Digit Zip Code: 2354
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $305,787
  • Tax Rate Code Area: 77147

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,000,000
  • First Open Lien Mortgage Lender: MB FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Apr 18, 2014
  • First Open Lien Mortgage Loan Amount: $4,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $5,021,696
  • Market Land Value: $1,373,488
  • Market Improvement Value: $3,648,208

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,255,424
  • Assessed Land Value: $343,372
  • Assessed Improvements Value: $912,052

    Sales

  • Current Sale Contract Date: Feb 28, 2006
  • Current Sale Recording Date: Mar 16, 2006
  • Current Sale Transaction ID: 1177246020
  • Current Sale Price: $6,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0607543161

    Last Sale Mortgage

  • First Mortgage Lender: THE FOSTER BANK
  • First Mortgage Transaction Date: Mar 16, 2006
  • First Mortgage Loan Amount: $4,575,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About West Side



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Frequently Asked Questions

What neighborhood is 3900 West Madison Street located in?
The 3900 West Madison Street is a commercial located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 3900 West Madison Street?
The average sales price for units in 3900 West Madison Street is $0 currently.

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