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4537 South Calumet Avenue

4537 South Calumet Avenue, Chicago, IL 60653
Property in Grand Boulevard
Sold Jan 21, 2021
$2,120,000
$1,696,000 by Cnb Bank & Trust Na
Mortgage
Sold Aug 03, 2016
$1,750,000
4537 South Calumet Avenue in Chicago, IL was first built in 1890 and is 134 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 3 floors. There are a total of 30 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 4537 South Calumet Avenue has 7,026 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. In total, the area measurement of the land is 6,195 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 hot water 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, 4537 South Calumet Avenue sold most recently in Nov 11, 2020 for a total of $2,120,000. If you work out the math, that's approximately a cost of $301.74 per sqft. Before that, the property was also sold for $1,750,000 in Jul 25, 2016. 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 $8,253 in taxes each year. 4537 South Calumet Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,001. If we break it down further, the land itself was valued at $21,683. Improvements to the property, however, were assessed at a total of $18,318. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 30
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • 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: 6
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,195
  • Total Building Area: 7,026
  • Gross Building Area: 7,026
  • Building Area: 7,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 7,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COWLES ESTATE
  • Land Acres: 0.142
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: ALFRED (COWLES) (ESTATE) SUB OF LT 4 OF CLEAVER & TAY LORS SUB OF NH OF SH OF EH OF SW & NH OF SH OF WH OF SE OF SH SEC 03-38

Ownership

  • Current Owner : 4533 37 S CALUMET LLC
  • Previous Owner : DUFF KEVIN B
  • Owner Before Previous Owner: HUGHES REALTY MANAGEMENT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 835800

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-03-317-010-0000
  • Lot: 4
  • Meridian: SEC 03 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.8119
  • Longitude: -87.6179

    Address

  • Full Address: 4537 S Calumet Ave
  • Address - House Number: 4537
  • Street Direction: S
  • Address - Street Name: Calumet
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 4288
  • Zip Code: 60653

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,253
  • Tax Rate Code Area: 70118

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 456,897
  • High Value: 573,643
  • Low Value: 340,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,696,000
  • First Open Lien Mortgage Lender: CNB BANK & TRUST NA
  • First Open Lien Mortgage Recording Date: Jan 21, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,696,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $400,010
  • Market Land Value: $216,830
  • Market Improvement Value: $183,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,001
  • Assessed Land Value: $21,683
  • Assessed Improvements Value: $18,318

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Transaction ID: 11814293863
  • Current Sale Price: $2,120,000
  • Current Sale Document Type: Receiver's Deed
  • Current Sale Input Document Number: 2102139088
  • Previous Sale Recording Date: Aug 03, 2016
  • Previous Sale Contract Date: Jul 25, 2016
  • Previous Sale Amount: $1,750,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CNB BANK & TRUST NA
  • First Mortgage Transaction Date: Jan 21, 2021
  • First Mortgage Loan Amount: $1,696,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

About South Side



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Frequently Asked Questions

What neighborhood is 4537 South Calumet Avenue located in?
The 4537 South Calumet Avenue is a located in the neighborhood of Grand Boulevard in South Side, Chicago.
What is the average sales price for listings in 4537 South Calumet Avenue?
The average sales price for units in 4537 South Calumet Avenue is $0 currently.

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