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3928 West Lexington Street

3928 West Lexington Street, Chicago, IL 60624
Multifamily in Lawndale
Sold Apr 06, 2023
$364,000
$357,407 by United Wholesale Mortgage Llc
Mortgage Due May 01, 2053
Sold Oct 28, 2016
$116,500
$87,375 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2046
3928 West Lexington Street in Chicago, IL was first built in 1905 and is 119 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3928 West Lexington Street has 3,208 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,100 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 11, 2023 for $364,000. That's $113.47 per sqft. Prior to that sales transaction, the property was also sold in Oct 17, 2016 for $116,500. 3928 West Lexington Street was last assessed in 2023. The total value of the property was assessed at $22,001. Specifically, the land the property is located on was valued at $3,643. While improvements on the property were assessed at a total of $18,358. 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 $4,540. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 12
  • 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: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,208
  • Gross Building Area: 3,208
  • Building Area: 3,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VANCES GARFIELD
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (VANCES)(GARFIELD) BLVD ADD IN SW SEC 14-39-13

Ownership

  • Current Owner : MCWILLIAMS TYRAN
  • Previous Owner : MERCADO MELISSA M
  • Owner Before Previous Owner: HOLDINGSLLC FCBT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 260900

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 03, 2012
  • District: 77
  • Parcel: 16-14-305-035-0000
  • Block: B
  • Lot: 34
  • Meridian: SEC 14 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8719
  • Longitude: -87.7241

    Address

  • Full Address: 3928 W Lexington St
  • Address - House Number: 3928
  • Street Direction: W
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 3648
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,540
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 368,448
  • High Value: 462,593
  • Low Value: 274,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $357,407
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2023
  • First Open Lien Mortgage Loan Amount: $357,407
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $220,010
  • Market Land Value: $36,430
  • Market Improvement Value: $183,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,001
  • Assessed Land Value: $3,643
  • Assessed Improvements Value: $18,358

    Sales

  • Current Sale Contract Date: Mar 11, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Transaction ID: 11904684791
  • Current Sale Price: $364,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19104
  • Previous Sale Recording Date: Oct 28, 2016
  • Previous Sale Contract Date: Oct 17, 2016
  • Previous Sale Amount: $116,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 06, 2023
  • First Mortgage Loan Amount: $357,407
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 28, 2016
  • Previous Mortgage Loan Amount: $87,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About West Side



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Frequently Asked Questions

What neighborhood is 3928 West Lexington Street located in?
The 3928 West Lexington Street is a multifamily located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 3928 West Lexington Street?
The average sales price for units in 3928 West Lexington Street is $0 currently.

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