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4840 South Champlain Avenue

4840 South Champlain Avenue, Chicago, IL 60615
Multifamily in Grand Boulevard
Sold Aug 30, 2021
$215,000
$204,250 by Royal Savings Bank
Mortgage Due Sep 01, 2051
Sold May 26, 2021
$369,500
$331,500 by Loandepot.com Llc
Mortgage Due Jun 01, 2051
4840 South Champlain Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1899 and is 125 years old. The home has a total of 9 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 4840 South Champlain Avenue has 4,707 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The property was last sold in Aug 9, 2021 for $215,000. That's $45.68 per sqft. Prior to that sales transaction, the property was also sold in May 17, 2021 for $369,500. 4840 South Champlain Avenue was last assessed in 2020. The total value of the property was assessed at $26,447. Specifically, the land the property is located on was valued at $5,525. While improvements on the property were assessed at a total of $20,922. 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 $5,892. 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

Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,250
  • Total Building Area: 4,707
  • Gross Building Area: 4,707
  • Building Area: 4,707
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,707
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF SH OF SW NE NE SEC 10-3
  • Land Acres: 0.075
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF SH OF SW NE NE SEC 10-38-14

Ownership

  • Current Owner : STEVERSON JORDAN ALLEN
  • Previous Owner : BRILLIANT FUTURE LLC
  • Owner Before Previous Owner: BRILLIANT FUTURE LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 843600

Zoning

  • Zoning: 10

Geography

  • District: 70
  • Parcel: 20-10-211-038
  • Meridian: SEC 10 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.8064
  • Longitude: -87.6105

    Address

  • Full Address: 4840 S Champlain Ave
  • Address - House Number: 4840
  • Street Direction: S
  • Address - Street Name: Champlain
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C084
  • 4-Digit Zip Code: 1506
  • Zip Code: 60615

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $5,892
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1453
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 70
  • Final Value: 464,015
  • High Value: 531,447
  • Low Value: 396,582

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,250
  • First Open Lien Mortgage Lender: ROYAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $204,250
  • 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, 2051

    Market Valuation

  • Market Total Value: $264,470
  • Market Land Value: $55,250
  • Market Improvement Value: $209,220

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $26,447
  • Assessed Land Value: $5,525
  • Assessed Improvements Value: $20,922

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11853840092
  • Current Sale Price: $215,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2124246351
  • Previous Sale Recording Date: May 26, 2021
  • Previous Sale Contract Date: May 17, 2021
  • Previous Sale Amount: $369,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL SAVINGS BANK
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $204,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: May 26, 2021
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $331,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051

About South Side



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Frequently Asked Questions

What neighborhood is 4840 South Champlain Avenue located in?
The 4840 South Champlain Avenue is a multifamily located in the neighborhood of Grand Boulevard in South Side, Chicago.
What is the average sales price for listings in 4840 South Champlain Avenue?
The average sales price for units in 4840 South Champlain Avenue is $0 currently.

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