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4424 South Richmond Street

4424 South Richmond Street, Chicago, IL 60632
Multifamily in Brighton Park
Sold Apr 06, 2022
$255,000
$10,000 by Illinois Housing Development A
Mortgage
Sold Apr 06, 2022
$255,000
$250,381 by American Pacific Mortgage Corp
Mortgage Due Apr 01, 2052
Local assessors in Chicago, IL have categorized 4424 South Richmond Street 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 3,125 square feet. 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 7 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 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 4424 South Richmond Street has a total of 1,680 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 frame 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 asphalt. Lots of wood 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4424 South Richmond Street was last sold in Mar 28, 2022 for $255,000. According to our calculations, that's $151.79 per sqft. Prior to that sales transaction, the property was sold for $255,000 in Mar 28, 2022. Current property owners are expected to pay $3,516 in taxes per year. The property on 4424 South Richmond Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,000. To break that down further, the land itself was valued at $3,125. While improvements to the property were assessed at a total of $13,875. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
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: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROWNS
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: BROWNS BLK 2 LOT 11

Ownership

  • Current Owner : FAJARDO GISELA RODRIGUEZ
  • Previous Owner : MENDEZ ENRIQUE
  • Owner Before Previous Owner: MENDEZ ENRIQUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580502

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-01-313-032-0000
  • Block: 2
  • Lot: 11
  • Meridian: SEC 01 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8129
  • Longitude: -87.6984

    Address

  • Full Address: 4424 S Richmond St
  • Address - House Number: 4424
  • Street Direction: S
  • Address - Street Name: Richmond
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 1926
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,516
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 343,874
  • High Value: 431,740
  • Low Value: 256,007

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $20,000
  • First Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • First Open Lien Mortgage Recording Date: Apr 06, 2022
  • First Open Lien Mortgage Loan Amount: $10,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Apr 06, 2022
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $31,250
  • Market Improvement Value: $138,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $13,875

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Apr 06, 2022
  • Current Sale Transaction ID: 11889577726
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2209621250
  • Previous Sale Recording Date: Apr 06, 2022
  • Previous Sale Contract Date: Mar 28, 2022
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • First Mortgage Transaction Date: Apr 06, 2022
  • First Mortgage Loan Amount: $10,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Second

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 06, 2022
  • Previous Mortgage Loan Amount: $250,381
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2052

About Southwest Side



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Frequently Asked Questions

What neighborhood is 4424 South Richmond Street located in?
The 4424 South Richmond Street is a multifamily located in the neighborhood of Brighton Park in Southwest Side, Chicago.
What is the average sales price for listings in 4424 South Richmond Street?
The average sales price for units in 4424 South Richmond Street is $227,000 currently.

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