Check Availability

4720 South Wolcott Avenue

4720 South Wolcott Avenue, Chicago, IL 60609
Multifamily in Back of the Yards
Sold Jul 30, 2020
$227,000
$222,888 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2050
Sold Aug 30, 2016
$85,000
4720 South Wolcott Avenue in Chicago, IL was first built in 1903 and is 121 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4720 South Wolcott Avenue has 2,480 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 asphalt. 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. 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 frame 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 wood. 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. The property was last sold in Mar 19, 2020 for $227,000. That's $91.53 per sqft. Prior to that sales transaction, the property was also sold in Aug 22, 2016 for $85,000. 4720 South Wolcott Avenue was last assessed in 2023. The total value of the property was assessed at $13,000. Specifically, the land the property is located on was valued at $2,500. While improvements on the property were assessed at a total of $10,500. 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 $2,689. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,480
  • Gross Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STONE ESTATE
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : ALVAREZ VERONICA
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: ALIGAZ TAMERAT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 611400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-07-201-015-0000
  • Lot: 9
  • Meridian: SEC 07 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.8078
  • Longitude: -87.6725

    Address

  • Full Address: 4720 S Wolcott Ave
  • Address - House Number: 4720
  • Street Direction: S
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 4496
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,689
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 324,218
  • High Value: 407,061
  • Low Value: 241,374

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,888
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Loan Amount: $222,888
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $25,000
  • Market Improvement Value: $105,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $10,500

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11776019523
  • Current Sale Price: $227,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021217028
  • Previous Sale Recording Date: Aug 30, 2016
  • Previous Sale Contract Date: Aug 22, 2016
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $222,888
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

About Southwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1020 W 68th Street, Chicago, IL, 60621

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
1020 W 68th Street #1W, Chicago, IL, 60621 Listing by Michael Fisher
Unit for rent at 2507 W 46th Street, Chicago, IL, 60632

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
2507 W 46th Street #1, Chicago, IL, 60632 Listing by Yan Deng
Unit for rent at 2021 W 47th Street, Chicago, IL, 60609

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 700 ft²
2021 W 47th Street #2R, Chicago, IL, 60609 Listing by Florencio Garcia
Unit for rent at 6415 S Morgan Street, Chicago, IL, 60621

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,446 ft²
6415 S Morgan Street #2, Chicago, IL, 60621 Listing by Luz Rivera
Unit for rent at 1811 W Garfield Boulevard, Chicago, IL, 60636

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 8,220 ft²
1811 W Garfield Boulevard #1, Chicago, IL, 60636 Listing by Nia Sawyer
Unit for rent at 6635 S Maplewood Avenue, Chicago, IL, 60629

$1,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
6635 S Maplewood Avenue #2, Chicago, IL, 60629 Listing by Rickey Flournoy
Unit for rent at 3537 S Western Boulevard, Chicago, IL, 60609

$1,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
3537 S Western Boulevard #2, Chicago, IL, 60609 Listing by Lori Dake

Frequently Asked Questions

What neighborhood is 4720 South Wolcott Avenue located in?
The 4720 South Wolcott Avenue is a multifamily located in the neighborhood of Back of the Yards in Southwest Side, Chicago.
What is the average sales price for listings in 4720 South Wolcott Avenue?
The average sales price for units in 4720 South Wolcott Avenue is $0 currently.

Quantcast