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4015 West Lexington Street

4015 West Lexington Street, Chicago, IL 60624
Multifamily in Lawndale
4015 West Lexington 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 1918 and is 106 years old. The home has a total of 14 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4015 West Lexington Street has 2,610 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 are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as poor. 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 masonry 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 masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 4015 West Lexington Street sold most recently in Aug 27, 2020 for a total of $295,000. If you work out the math, that's approximately a cost of $113.03 per sqft. 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 $4,127 in taxes each year. 4015 West Lexington Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,000. If we break it down further, the land itself was valued at $3,672. Improvements to the property, however, were assessed at a total of $16,328. 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. 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. 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

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200715
07/15/2020
9 Bed
-
-
$334,900
bedrooms
9 Bed
bathrooms
-
$295,000 -11.91%
10/19/2020
German Llanos

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Poor
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,610
  • Gross Building Area: 2,610
  • Building Area: 2,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUTLER CUMMINGS & SCULLYS
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (BUTLER)(CUMMINGS) & (SCULLYS) SUB OF PT MUNSONS ADD TO CHGO SUB EX NE 1AC OF 26ACS LYING NEXT S & ADJ CENTER OF BARRY POINT

Ownership

  • Current Owner : MARROQUIN ANDRES LUIS
  • Previous Owner : AFFORDABLE RENTALS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 261000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-15-413-018-0000
  • Block: 2
  • Lot: 35
  • Meridian: SEC 15 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8715
  • Longitude: -87.7261

    Address

  • Full Address: 4015 W Lexington St
  • Address - House Number: 4015
  • Street Direction: W
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 3538
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,127
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 358,615
  • High Value: 450,248
  • Low Value: 266,981

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $287,750
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Loan Amount: $280,250
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Oct 19, 2020
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $36,720
  • Market Improvement Value: $163,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $16,328

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Transaction ID: 11794906076
  • Current Sale Price: $295,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2029321080

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 19, 2020
  • First Mortgage Loan Amount: $280,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050
  • Second Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Mortgage Transaction Date: Oct 19, 2020
  • Second Mortgage Loan Amount: $7,500
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Stand Alone Second

About West Side



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Frequently Asked Questions

What neighborhood is 4015 West Lexington Street located in?
The 4015 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 4015 West Lexington Street?
The average sales price for units in 4015 West Lexington Street is $334,900 currently.

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