Check Availability

4906 West Iowa Street

4906 West Iowa Street, Chicago, IL 60651
Multifamily in South Austin
Sold Sep 30, 2021
$448,000
$439,885 by American Pacific Mortgage
Mortgage Due Oct 01, 2051
Sold Mar 05, 2019
$314,500
$308,803 by Bay Equity Llc
Mortgage Due Mar 01, 2049
Local assessors in Chicago, IL have categorized 4906 West Iowa Street as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 4,032 square feet. 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 10 rooms in the home. Of these, 6 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 2 full bathrooms. There are also 2 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 4906 West Iowa Street has a total of 2,383 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 masonry 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 tar and gravel. Lots of masonry 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, 4906 West Iowa Street was last sold in Aug 27, 2021 for $448,000. According to our calculations, that's $188.00 per sqft. Prior to that sales transaction, the property was sold for $314,500 in Feb 20, 2019. Current property owners are expected to pay $4,936 in taxes per year. The property on 4906 West Iowa Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $24,000. To break that down further, the land itself was valued at $3,830. While improvements to the property were assessed at a total of $20,170. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • 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: 4,032
  • Total Building Area: 2,383
  • Gross Building Area: 2,383
  • Building Area: 2,383
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,383
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: M D BIRGE & COMPANYS
  • Land Acres: 0.093
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : MALDONADO KEVIN E
  • Current Owner 2: CAYETANO ELISEO HERNANDEZ
  • Previous Owner : MORGAN WILLIAM F
  • Owner Before Previous Owner: ABZ PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 251100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-04-421-037-0000
  • Block: 3
  • Lot: 45,46
  • Meridian: SEC 04 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.897
  • Longitude: -87.7487

    Address

  • Full Address: 4906 W Iowa St
  • Address - House Number: 4906
  • Street Direction: W
  • Address - Street Name: Iowa
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C053
  • 4-Digit Zip Code: 3112
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,936
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 378,271
  • High Value: 474,926
  • Low Value: 281,615

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,885
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $439,885
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $38,300
  • Market Improvement Value: $201,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $3,830
  • Assessed Improvements Value: $20,170

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11858625787
  • Current Sale Price: $448,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127328095
  • Previous Sale Recording Date: Mar 05, 2019
  • Previous Sale Contract Date: Feb 20, 2019
  • Previous Sale Amount: $314,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $439,885
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BAY EQUITY LLC
  • Previous Mortgage Transaction Date: Mar 05, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $308,803
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2342 N Hamlin Avenue, Chicago, IL, 60647

$5,250 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,600 ft²
2342 N Hamlin Avenue, Chicago, IL, 60647 Listing by Jason O'Beirne

Frequently Asked Questions

What neighborhood is 4906 West Iowa Street located in?
The 4906 West Iowa Street is a multifamily located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 4906 West Iowa Street?
The average sales price for units in 4906 West Iowa Street is $0 currently.

Quantcast