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3936 West 61st Street

3936 West 61st Street, Chicago, IL 60629
Property in West Lawn
Sold May 24, 2004
$155,000
$348,000 by Urban Financial Group
Mortgage
Sold May 07, 1996
$155,000
$135,000 by Standard Federal Bank For Svgs
Mortgage Due May 01, 2026
3936 West 61st Street 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 1958 and is 66 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3936 West 61st Street has 2,145 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. 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 multifamily 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 is one available parking space. 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Apr 14, 2004 for $155,000. That's $72.26 per sqft. Prior to that sales transaction, the property was also sold in Apr 26, 1996 for $155,000. 3936 West 61st Street was last assessed in 2023. The total value of the property was assessed at $19,822. Specifically, the land the property is located on was valued at $3,125. While improvements on the property were assessed at a total of $16,697. 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 $1,761. The initial tax year of delinquency was in 2021. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,145
  • Gross Building Area: 2,145
  • Building Area: 2,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,145
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EBERHARTS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LEVY (EBERHARTS) SUB OF NW SW SEC 14-38-13

Ownership

  • Current Owner : GUZMAN FLAVIO
  • Current Owner 2: GUZMAN ROSENDO
  • Previous Owner : CHEVERE EDWARD F
  • Previous Owner 2: CHEVERE IRMA
  • Owner Before Previous Owner: MARCINKOWSKI MATTHEW
  • Owner Before Previous Owner 2: MARCINKOWSKI CHRISTINA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 650100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 04, 2024
  • District: 72
  • Parcel: 19-14-312-033-0000
  • Block: 12
  • Lot: 33,34
  • Meridian: SEC 14 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7825
  • Longitude: -87.7219

    Address

  • Full Address: 3936 W 61st St
  • Address - House Number: 3936
  • Street Direction: W
  • Address - Street Name: 61st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C069
  • 4-Digit Zip Code: 3975
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,761
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 357,741
  • High Value: 449,150
  • Low Value: 266,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,000
  • First Open Lien Mortgage Lender: URBAN FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Nov 09, 2010
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $348,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $198,220
  • Market Land Value: $31,250
  • Market Improvement Value: $166,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,822
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $16,697

    Sales

  • Current Sale Contract Date: Apr 14, 2004
  • Current Sale Recording Date: May 24, 2004
  • Current Sale Transaction ID: 1177448150
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0414533278
  • Previous Sale Recording Date: May 07, 1996
  • Previous Sale Contract Date: Apr 26, 1996
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: STANDARD FEDERAL BANK FOR SVGS
  • Previous Mortgage Transaction Date: May 07, 1996
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2026

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3936 West 61st Street located in?
The 3936 West 61st Street is a located in the neighborhood of West Lawn in Southwest Side, Chicago.
What is the average sales price for listings in 3936 West 61st Street?
The average sales price for units in 3936 West 61st Street is $0 currently.

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