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603 West 123rd Street

603 West 123rd Street, Chicago, IL 60628
Property in West Pullman
Sold Mar 22, 2018
$77,000
$74,690 by Quicken Loans Inc
Mortgage Due Mar 01, 2048
Sold Nov 15, 2002
$32,000
$32,000 by Tower Mtg Inc
Mortgage Due Sep 01, 2032
Local assessors in Chicago, IL have categorized 603 West 123rd Street as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 4,687 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 bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 603 West 123rd Street has a total of 1,200 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. 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, 603 West 123rd Street sold most recently in Feb 7, 2018 for a total of $77,000. If you work out the math, that's approximately a cost of $64.17 per sqft. Before that, the property was also sold for $32,000 in Jul 31, 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 $1,031 in taxes each year. 603 West 123rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,000. If we break it down further, the land itself was valued at $1,875. Improvements to the property, however, were assessed at a total of $3,125. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SECOND ADD TO WEST PULLMAN
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SECOND) ADD TO (WEST) (PULLMAN) BEING PT OF WH SW SEC 28-37-14

Ownership

  • Current Owner : ABORAIA CHARETTA N
  • Previous Owner : SPAIN HUBERT
  • Owner Before Previous Owner: LASALLE BANK NATIONAL ASSN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 530503

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-28-303-004-0000
  • Block: 1
  • Lot: 3,2
  • Meridian: SEC 28 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6704
  • Longitude: -87.6372

    Address

  • Full Address: 603 W 123rd St
  • Address - House Number: 603
  • Street Direction: W
  • Address - Street Name: 123rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 6407
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,031
  • Tax Rate Code Area: 72197

    Appraisal Valuation

  • Standard Deviation: 0.1007
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 90
  • Final Value: 118,174
  • High Value: 130,081
  • Low Value: 106,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,690
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2018
  • First Open Lien Mortgage Loan Amount: $74,690
  • 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: Mar 01, 2048

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $18,750
  • Market Improvement Value: $31,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $1,875
  • Assessed Improvements Value: $3,125

    Sales

  • Current Sale Contract Date: Feb 07, 2018
  • Current Sale Recording Date: Mar 22, 2018
  • Current Sale Transaction ID: 11435879436
  • Current Sale Price: $77,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1808112000
  • Previous Sale Recording Date: Nov 15, 2002
  • Previous Sale Contract Date: Jul 31, 2002
  • Previous Sale Amount: $32,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Mar 22, 2018
  • First Mortgage Loan Amount: $74,690
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: TOWER MTG INC
  • Previous Mortgage Transaction Date: Nov 15, 2002
  • Previous Mortgage Loan Amount: $32,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About Far South Chicago



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 603 West 123rd Street located in?
The 603 West 123rd Street is a located in the neighborhood of West Pullman in Far South Chicago, Chicago.
What is the average sales price for listings in 603 West 123rd Street?
The average sales price for units in 603 West 123rd Street is $0 currently.

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