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4342 West Washington Boulevard

4342 West Washington Boulevard, Chicago, IL 60624
Commercial in West Garfield Park
Local assessors in Chicago, IL have categorized 4342 West Washington Boulevard as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 9,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 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, 4342 West Washington Boulevard sold most recently in Sep 25, 2019 for a total of $1,405,000. 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 $39,783 in taxes each year. 4342 West Washington Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,421. If we break it down further, the land itself was valued at $5,850. Improvements to the property, however, were assessed at a total of $187,571. 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. 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!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
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190312
03/12/2019
Studio
-
-
$1,700,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 42
  • Business/Commerical Units Count: 57
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST CHICAGO LAND COS
  • Land Acres: 0.207
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : GARFIELD APARTMENTS LLC
  • Previous Owner : 4342 W WASHINGTON BLDG LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 260300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-10-418-022-0000
  • Block: 29
  • Lot: 30,31
  • Meridian: SEC 10 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8823
  • Longitude: -87.7348

    Address

  • Full Address: 4342 W Washington Blvd
  • Address - House Number: 4342
  • Street Direction: W
  • Address - Street Name: Washington
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 2256
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,783
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,210,777
  • High Value: 1,520,154
  • Low Value: 901,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,225,000
  • First Open Lien Mortgage Lender: WALKER & DUNLOP LLC
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $2,225,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $1,934,210
  • Market Land Value: $58,500
  • Market Improvement Value: $1,875,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,421
  • Assessed Land Value: $5,850
  • Assessed Improvements Value: $187,571

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Transaction ID: 11659617747
  • Current Sale Price: $1,405,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1928206047

    Last Sale Mortgage

  • First Mortgage Lender: RFLF 5 LLC
  • First Mortgage Transaction Date: Oct 09, 2019
  • First Mortgage Loan Amount: $1,540,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 24, 2020

About West Side



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Frequently Asked Questions

What neighborhood is 4342 West Washington Boulevard located in?
The 4342 West Washington Boulevard is a commercial located in the neighborhood of West Garfield Park in West Side, Chicago.
What is the average sales price for listings in 4342 West Washington Boulevard?
The average sales price for units in 4342 West Washington Boulevard is $0 currently.

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