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3920 West Wilcox Street

3920 West Wilcox Street, Chicago, IL 60624
Multifamily in East Garfield Park
Sold Jan 04, 2023
$4,620,000
$352,000 by Ark-la-tex Financial Services
Mortgage Due Jan 01, 2053
Sold Oct 12, 2021
$110,000
Local assessors in Chicago, IL have categorized 3920 West Wilcox Street as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 3,025 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 10 rooms in the home. Of these, 5 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3920 West Wilcox Street has a total of 2,314 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 hot water 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, 3920 West Wilcox Street sold most recently in Dec 29, 2022 for a total of $4,620,000. If you work out the math, that's approximately a cost of $1,996.54 per sqft. Before that, the property was also sold for $110,000 in May 14, 2021. 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 $1,238 in taxes each year. 3920 West Wilcox Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $6,000. If we break it down further, the land itself was valued at $3,153. Improvements to the property, however, were assessed at a total of $2,847. 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. 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!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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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: 3,025
  • Total Building Area: 2,314
  • Gross Building Area: 2,314
  • Building Area: 2,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAMBERT TREES
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: EAST3 FT LOT39 & W22 FT LOT40 BLK3 W2NW4 S14 T39N R13E 3P

Ownership

  • Current Owner : ANTOLEC TERESA
  • Previous Owner : MIWIL DEVELOPMENT CORP
  • Owner Before Previous Owner: SCENTED LUVATMEUT HIGH YIELD FUND II LLC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 260800

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 011-107-02
  • District: 77
  • Parcel: 16-14-102-026-0000
  • Block: 3
  • Lot: 39,40
  • Meridian: SEC 14 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8792
  • Longitude: -87.7241

    Address

  • Full Address: 3920 W Wilcox St
  • Address - House Number: 3920
  • Street Direction: W
  • Address - Street Name: Wilcox
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C044
  • 4-Digit Zip Code: 2832
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,238
  • Tax Rate Code Area: 77132

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 289,822
  • High Value: 363,877
  • Low Value: 215,766

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,000
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jan 04, 2023
  • First Open Lien Mortgage Loan Amount: $352,000
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $60,000
  • Market Land Value: $31,530
  • Market Improvement Value: $28,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,000
  • Assessed Land Value: $3,153
  • Assessed Improvements Value: $2,847

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Jan 04, 2023
  • Current Sale Transaction ID: 11900409054
  • Current Sale Price: $4,620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33282
  • Previous Sale Recording Date: Oct 12, 2021
  • Previous Sale Contract Date: May 14, 2021
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jan 04, 2023
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

About West Side



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Frequently Asked Questions

What neighborhood is 3920 West Wilcox Street located in?
The 3920 West Wilcox Street is a multifamily located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 3920 West Wilcox Street?
The average sales price for units in 3920 West Wilcox Street is $0 currently.

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