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4138 South Albany Avenue

4138 South Albany Avenue, Chicago, IL 60632
Property in Brighton Park
Sold Nov 21, 2019
$220,000
$120,000 by Network Mortgage Llc
Mortgage Due Dec 01, 2049
Sold May 27, 2010
$90,000
Local assessors in Chicago, IL have categorized 4138 South Albany Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 3,321 square feet. The linear feet between the front and back of the lot was measured at 270 ft and the front of the lot was measured at 1,230 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 15 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 3 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 4138 South Albany Avenue has a total of 2,610 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 hot water heating system is the primary heating source. The property was last sold in Nov 5, 2019 for $220,000. That's $84.29 per sqft. Prior to that sales transaction, the property was also sold in May 6, 2010 for $90,000. 4138 South Albany Avenue was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $3,321. While improvements on the property were assessed at a total of $17,679. 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 $4,344. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 15
  • 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: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,321
  • Lot Size Depth Feet: 270
  • Lot Size Frontage Feet: 1,230
  • 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: Hot water
  • Heated Square Feet: 2,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OSBORNES SUB
  • Land Acres: 0.076
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (RESUBDIVISION) OF BLK 7 IN SCOVILLE WALKER & MCELWEE S SUB LTS 1-4 & SUB LT 2 IN OSBORNES SUB OF LT 5 IN SUPERIOR COURT PART

Ownership

  • Current Owner : ORTIZ ESTHER
  • Current Owner 2: BAUTISTA TEODORO
  • Previous Owner : GEORGIEVSKI YURI
  • Previous Owner 2: GALITSKY BORIS
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580501

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-01-116-036-0000
  • Block: 7
  • Lot: 1-5
  • Meridian: SEC 01 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8179
  • Longitude: -87.7021

    Address

  • Full Address: 4138 S Albany Ave
  • Address - House Number: 4138
  • Street Direction: S
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C057
  • 4-Digit Zip Code: 2441
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,344
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 363,529
  • High Value: 456,417
  • Low Value: 270,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: NETWORK MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 21, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $33,210
  • Market Improvement Value: $176,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,321
  • Assessed Improvements Value: $17,679

    Sales

  • Current Sale Contract Date: Nov 05, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Transaction ID: 11733013576
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1932513047
  • Previous Sale Recording Date: May 27, 2010
  • Previous Sale Contract Date: May 06, 2010
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NETWORK MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 21, 2019
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 4138 South Albany Avenue located in?
The 4138 South Albany Avenue is a located in the neighborhood of Brighton Park in Southwest Side, Chicago.
What is the average sales price for listings in 4138 South Albany Avenue?
The average sales price for units in 4138 South Albany Avenue is $0 currently.

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