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4708 West Grace Street

4708 West Grace Street, Chicago, IL 60641
Property in Old Irving Park
Sold Oct 16, 1998
$125,000
$175,000 by Abn Amro Mortgage Group Inc
Mortgage Due May 01, 2025
Local assessors in Chicago, IL have categorized 4708 West Grace Street as a residential type of property. The home was built in 1898 and is 126 years old. The property's lot size has been calculated to be 3,997 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 4708 West Grace Street has a total of 900 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 2 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 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 hot water heating system is the primary heating source. The property was last sold in Sep 30, 1998 for $125,000. That's $138.89 per sqft. 4708 West Grace Street was last assessed in 2023. The total value of the property was assessed at $21,001. Specifically, the land the property is located on was valued at $9,993. While improvements on the property were assessed at a total of $11,008. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,631. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,997
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROSS MILWAUKEE
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (GROSS)(MILWAUKEE) AVE ADD SUB OF PTS BLKS19&22 & ALL BLKS18&23-25 IN GRAYLAND SUB IN NW SEC 22-40-13

Ownership

  • Current Owner : ALCALA SERGIO
  • Current Owner 2: ALCALA REINA S
  • Previous Owner : LASALLE NATIONAL BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Nov 04, 2028
  • District: 71
  • Parcel: 13-22-106-036-0000
  • Block: 18,19
  • Lot: 44,45
  • Meridian: SEC 22 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9511
  • Longitude: -87.7452

    Address

  • Full Address: 4708 W Berenice Ave
  • Address - House Number: 4708
  • Street Direction: W
  • Address - Street Name: Berenice
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C017
  • 4-Digit Zip Code: 3614
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,631
  • Tax Rate Code Area: 71130

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 182,104
  • High Value: 209,589
  • Low Value: 154,618

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: May 03, 2005
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: May 01, 2025

    Market Valuation

  • Market Total Value: $210,010
  • Market Land Value: $99,930
  • Market Improvement Value: $110,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,001
  • Assessed Land Value: $9,993
  • Assessed Improvements Value: $11,008

    Sales

  • Current Sale Contract Date: Sep 30, 1998
  • Current Sale Recording Date: Oct 16, 1998
  • Current Sale Transaction ID: 1144317403
  • Current Sale Price: $125,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 98930480

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL MORTGAGE
  • First Mortgage Transaction Date: Oct 16, 1998
  • First Mortgage Loan Amount: $124,745
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2028

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Frequently Asked Questions

What neighborhood is 4708 West Grace Street located in?
The 4708 West Grace Street is a located in the neighborhood of Old Irving Park in Northwest Side, Chicago.
What is the average sales price for listings in 4708 West Grace Street?
The average sales price for units in 4708 West Grace Street is $0 currently.

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