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4805 South Ada Street

4805 South Ada Street, Chicago, IL 60609
Multifamily in Back of the Yards
Sold Jan 05, 2005
$117,000
Sold Dec 12, 2002
$93,000
$91,563 by Mid America Financial
Mortgage Due Nov 01, 2032
4805 South Ada Street in Chicago, IL was first built in 1887 and is 137 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4805 South Ada Street has 1,280 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 240 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 3,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 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 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, 4805 South Ada Street sold most recently in Dec 30, 2004 for a total of $117,000. If you work out the math, that's approximately a cost of $91.41 per sqft. Before that, the property was also sold for $93,000 in Oct 10, 2002. 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 $1,045 in taxes each year. 4805 South Ada Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $8,500. If we break it down further, the land itself was valued at $2,850. Improvements to the property, however, were assessed at a total of $5,650. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1887
  • Effective Year Built: 1887
  • Building Count: 1
  • Total Rooms: 6
  • 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: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 240
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANDS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: W H (RANDS) SUB OF SW NE NW SEC 08-38-14

Ownership

  • Current Owner : GARCIA BERTHA A
  • Previous Owner : CRUZ ARMANDO
  • Previous Owner 2: SOTO EVANGELINA
  • Owner Before Previous Owner: GOMEZ GREGORIO
  • Owner Before Previous Owner 2: GOMEZ JOSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 612200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-08-113-003-0000
  • Block: 1
  • Lot: 48
  • Meridian: SEC 08 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.8066
  • Longitude: -87.6585

    Address

  • Full Address: 4805 S Ada St
  • Address - House Number: 4805
  • Street Direction: S
  • Address - Street Name: Ada
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C056
  • 4-Digit Zip Code: 4248
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,045
  • Tax Rate Code Area: 72018

    Market Valuation

  • Market Total Value: $85,000
  • Market Land Value: $28,500
  • Market Improvement Value: $56,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,500
  • Assessed Land Value: $2,850
  • Assessed Improvements Value: $5,650

    Sales

  • Current Sale Contract Date: Dec 30, 2004
  • Current Sale Recording Date: Jan 05, 2005
  • Current Sale Transaction ID: 1079831800
  • Current Sale Price: $117,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0500520128
  • Previous Sale Recording Date: Dec 12, 2002
  • Previous Sale Contract Date: Oct 10, 2002
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: SECOND FSLA
  • First Mortgage Transaction Date: Jan 05, 2005
  • First Mortgage Loan Amount: $111,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MID AMERICA FINANCIAL
  • Previous Mortgage Transaction Date: Dec 12, 2002
  • Previous Mortgage Loan Amount: $91,563
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2032

About Southwest Side



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Frequently Asked Questions

What neighborhood is 4805 South Ada Street located in?
The 4805 South Ada Street 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 4805 South Ada Street?
The average sales price for units in 4805 South Ada Street is $0 currently.

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