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4837 South Damen Avenue

4837 South Damen Avenue, Chicago, IL 60609
Multifamily in Back of the Yards
Sold Oct 22, 2020
$170,000
$153,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2050
Sold May 05, 2017
$50,000
Local assessors in Chicago, IL have categorized 4837 South Damen Avenue as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 3,375 square feet. The linear feet between the front and back of the lot was measured at 1,250 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 16 rooms in the home. Of these, 8 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 4 full bathrooms. There are also 4 partial bathrooms. 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 4837 South Damen Avenue has a total of 3,312 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 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, 4837 South Damen Avenue was last sold in Aug 17, 2020 for $170,000. According to our calculations, that's $51.33 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Mar 16, 2017. Current property owners are expected to pay $3,930 in taxes per year. The property on 4837 South Damen Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,000. To break that down further, the land itself was valued at $2,700. While improvements to the property were assessed at a total of $16,300. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 2
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 3,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,312
  • Gross Building Area: 3,312
  • Building Area: 3,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHICAGO UNIVERSITY
  • Land Acres: 0.078
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CHICAGO)(UNIVERSITY) SUB OF SH OF NE & W3/4 OF SH OF NH OF NE & NW OF NW OF NE & SE OF NW OF NH SEC 07-38-14

Ownership

  • Current Owner : GONZALEZ JOSUE
  • Previous Owner : MORALES EMMANUEL
  • Owner Before Previous Owner: WELLS FARGO BANK NA

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: 20-07-208-008-0000
  • Block: 23
  • Lot: 36,35
  • Meridian: SEC 07 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.8056
  • Longitude: -87.6742

    Address

  • Full Address: 4837 S Damen Ave
  • Address - House Number: 4837
  • Street Direction: S
  • Address - Street Name: Damen
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 4050
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,930
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 353,701
  • High Value: 444,078
  • Low Value: 263,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $153,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $27,000
  • Market Improvement Value: $163,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $16,300

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793657456
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029607538
  • Previous Sale Recording Date: May 05, 2017
  • Previous Sale Contract Date: Mar 16, 2017
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $153,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Southwest Side



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Frequently Asked Questions

What neighborhood is 4837 South Damen Avenue located in?
The 4837 South Damen 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 4837 South Damen Avenue?
The average sales price for units in 4837 South Damen Avenue is $199,000 currently.

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