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464 West 28th Place

464 West 28th Place, Chicago, IL 60616
Commercial in Bridgeport
Sold Jun 13, 2019
$450,000
Sold Apr 19, 1999
$190,000
$140,000 by Lakeside Bank
Mortgage
Local assessors in Chicago, IL have categorized 464 West 28th Place as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 250 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 21 rooms in the home. Of these, 12 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 6 full bathrooms. There are also 6 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 464 West 28th Place has a total of 4,158 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 detached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. 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. 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, 464 West 28th Place was last sold in May 30, 2019 for $450,000. According to our calculations, that's $108.23 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Apr 9, 1999. Current property owners are expected to pay $10,576 in taxes per year. The property on 464 West 28th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $51,421. To break that down further, the land itself was valued at $13,750. While improvements to the property were assessed at a total of $37,671. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

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: 21
  • 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
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 250
  • Total Building Area: 4,158
  • Gross Building Area: 4,158
  • Building Area: 4,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,158
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVIS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: D (DAVIS) SUB OF NH EH SW SEC 28-39-14

Ownership

  • Current Owner : CHEN LIHUA
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: LING SUN JOHN K
  • Owner Before Previous Owner 2: LING SIU NGAR

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 003-105-09
  • District: 76
  • Parcel: 17-28-314-023-0000
  • Block: 8
  • Lot: 22
  • Meridian: SEC 28 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.843
  • Longitude: -87.6392

    Address

  • Full Address: 464 W 28th Pl
  • Address - House Number: 464
  • Street Direction: W
  • Address - Street Name: 28th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C009
  • 4-Digit Zip Code: 2553
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,576
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 513,013
  • High Value: 644,097
  • Low Value: 381,928

    Market Valuation

  • Market Total Value: $514,210
  • Market Land Value: $137,500
  • Market Improvement Value: $376,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,421
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $37,671

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 13, 2019
  • Current Sale Transaction ID: 11613395827
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1916449177
  • Previous Sale Recording Date: Apr 19, 1999
  • Previous Sale Contract Date: Apr 09, 1999
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Other

    Previous Mortgages

  • Previous Mortgage Lender: LAKESIDE BANK
  • Previous Mortgage Transaction Date: Apr 19, 1999
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Southwest Side



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Frequently Asked Questions

What neighborhood is 464 West 28th Place located in?
The 464 West 28th Place is a commercial located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 464 West 28th Place?
The average sales price for units in 464 West 28th Place is $0 currently.

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