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4035 West Lexington Street

4035 West Lexington Street, Chicago, IL 60624
Property in Lawndale
Sold Oct 05, 2021
$240,000
$180,000 by Loandepot.com Llc
Mortgage Due Oct 01, 2051
Sold May 23, 2000
$155,000
$149,895 by The Associates Finance Inc
Mortgage
Local assessors in Chicago, IL have categorized 4035 West Lexington 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 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. 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 12 rooms in the home. Of these, 6 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 3 full bathrooms. There are also 3 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 4035 West Lexington Street has a total of 3,171 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 no garage for those who need a place to park their vehicle. 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 tar and gravel. 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 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, 4035 West Lexington Street sold most recently in Sep 8, 2021 for a total of $240,000. If you work out the math, that's approximately a cost of $75.69 per sqft. Before that, the property was also sold for $155,000 in May 4, 2000. 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 $1,995 in taxes each year. 4035 West Lexington Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,665. 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 $5,993. 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.

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: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,171
  • Gross Building Area: 3,171
  • Building Area: 3,171
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,171
  • 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 : XUE HONGSHE
  • Current Owner 2: LIN NANKUN
  • Previous Owner : Z FINANCIAL ILLINOIS G PROPERTIES LLC
  • Owner Before Previous Owner: DMK DEVELOPMENT CORP
  • Ownership Rights Codes: Joint Tenants

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: 16-15-413-010-0000
  • Block: 2
  • Lot: 43
  • Meridian: SEC 15 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8716
  • Longitude: -87.7269

    Address

  • Full Address: 4035 W Lexington St
  • Address - House Number: 4035
  • Street Direction: W
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 0070
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,995
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 307,831
  • High Value: 386,487
  • Low Value: 229,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $96,650
  • Market Land Value: $36,720
  • Market Improvement Value: $59,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,665
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $5,993

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11859017438
  • Current Sale Price: $240,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2127804567
  • Previous Sale Recording Date: May 23, 2000
  • Previous Sale Contract Date: May 04, 2000
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: THE ASSOCIATES FINANCE INC
  • Previous Mortgage Transaction Date: May 23, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $149,895
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About West Side



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Frequently Asked Questions

What neighborhood is 4035 West Lexington Street located in?
The 4035 West Lexington Street is a located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 4035 West Lexington Street?
The average sales price for units in 4035 West Lexington Street is $0 currently.

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