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4347 West Van Buren Street

4347 West Van Buren Street, Chicago, IL 60624
Sold Oct 07, 2015
$25,000
$1,809,000 by Cnb Bank
Mortgage
Sold Jul 15, 2015
Transfer
4347 West Van Buren Street in Chicago, IL was first built in 1913 and is 111 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4347 West Van Buren Street has 2,334 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home 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, 4347 West Van Buren Street sold most recently in Sep 28, 2015 for a total of $25,000. If you work out the math, that's approximately a cost of $10.71 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 $2,085 in taxes each year. 4347 West Van Buren Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $10,105. 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 $6,433. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1913
  • Effective Year Built: 1913
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,334
  • Gross Building Area: 2,334
  • Building Area: 2,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,334
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MADISON ST ADD TO CHICAGO
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MADISON) ST ADD TO (CHICAGO) SUB OF LTS 2 & 5 BLKS 1 -4 & LTS 3-4 BLKS 5-8 ALSO LTS 2-5 BLKS 9-10 IN PARTITION OF WH WH NE &

Ownership

  • Current Owner : GMO PROPERTIES LLC
  • Previous Owner : LIBERTY BANK & TRUST COMPANY
  • Owner Before Previous Owner: BOSSOV ADAM E
  • Owner Before Previous Owner 2: BOSSOV ADAM
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 260600

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 018-131-02
  • District: 77
  • Parcel: 16-15-220-004-0000
  • Block: 1-10
  • Lot: 2-5
  • Meridian: SEC 15 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8758
  • Longitude: -87.7347

    Address

  • Full Address: 4347 W Gladys Ave
  • Address - House Number: 4347
  • Street Direction: W
  • Address - Street Name: Gladys
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C022
  • 4-Digit Zip Code: 2712
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,085
  • Tax Rate Code Area: 77132

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 309,993
  • High Value: 389,202
  • Low Value: 230,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,809,000
  • First Open Lien Mortgage Lender: CNB BANK
  • First Open Lien Mortgage Recording Date: Mar 17, 2023
  • First Open Lien Mortgage Loan Amount: $1,809,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $101,050
  • Market Land Value: $36,720
  • Market Improvement Value: $64,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,105
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $6,433

    Sales

  • Current Sale Contract Date: Sep 28, 2015
  • Current Sale Recording Date: Oct 07, 2015
  • Current Sale Transaction ID: 1321899627
  • Current Sale Price: $25,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1528001049
  • Previous Sale Recording Date: Jul 15, 2015
  • Previous Sale Contract Date: Jun 02, 2015
  • Previous Sale Document Type: Sheriff's Deed

About West Side



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Nearby Rentals

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$933 /mo

  • Studio
  • 1 Bath
  • 350 ft²
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$950 /mo

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$1,000 /mo

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Listing by German Llanos
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$1,000 /mo

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  • 1 Bath
  • 950 ft²
Listing by Byron DeLeon Garcia
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$965 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Manager
Unit for rent at

$905 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
Listing by Manager
Unit for rent at

$870 /mo

  • 1 Bed
  • 1 Bath
  • 675 ft²
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Frequently Asked Questions

What neighborhood is 4347 West Van Buren Street located in?
The 4347 West Van Buren Street is a land located in the neighborhood of West Garfield Park in West Side, Chicago.
What is the average sales price for listings in 4347 West Van Buren Street?
The average sales price for units in 4347 West Van Buren Street is $0 currently.

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