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4908 South Michigan Avenue

4908 South Michigan Avenue, Chicago, IL 60615
Property in Grand Boulevard
This has been categorized as a vacant property type. In total, the area measurement of the land is 4,000 square feet.

Learn more about the property and building on this page. 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, 4908 South Michigan Avenue was last sold in Nov 21, 1994 for $80,000. Current property owners are expected to pay $2,889 in taxes per year. The property on 4908 South Michigan Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $14,000. To break that down further, the land itself was valued at $14,000. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: DERBYS SUB
  • Land Acres: 0.92
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: (DERBYS) SUB IN SW NW SEC 10-38-14

Ownership

  • Current Owner : MCGHEE BILLY KEVIN
  • Previous Owner : HAYES ARRYE
  • Previous Owner 2: WALLS WILLIAM

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 381800

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-10-113-021-0000
  • Block: 2
  • Lot: 4-6
  • Meridian: SEC 10 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.8053
  • Longitude: -87.6232

    Address

  • Full Address: 4908 S Michigan Ave
  • Address - House Number: 4908
  • Street Direction: S
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C062
  • 4-Digit Zip Code: 2111
  • Zip Code: 60615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,889
  • Tax Rate Code Area: 70118

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $129,000
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LENDING SERVICES
  • First Open Lien Mortgage Recording Date: Dec 08, 1994
  • First Open Lien Mortgage Loan Amount: $108,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2025
  • Second Open Lien Mortgage Recording Date: Dec 08, 1994
  • Second Open Lien Mortgage Loan Amount: $21,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2025

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $140,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $14,000

    Sales

  • Current Sale Contract Date: Nov 21, 1994
  • Current Sale Recording Date: Dec 08, 1994
  • Current Sale Transaction ID: 1177501654
  • Current Sale Price: $80,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: 04030714

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LENDING SERVICES
  • First Mortgage Transaction Date: Dec 08, 1994
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2025
  • Second Mortgage Loan Amount: $21,000

About South Side



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Frequently Asked Questions

What neighborhood is 4908 South Michigan Avenue located in?
The 4908 South Michigan Avenue is a located in the neighborhood of Grand Boulevard in South Side, Chicago.
What is the average sales price for listings in 4908 South Michigan Avenue?
The average sales price for units in 4908 South Michigan Avenue is $0 currently.

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