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6123 South Menard Avenue

6123 South Menard Avenue, Chicago, IL 60638
House in Clearing
Sold Nov 15, 2019
$390,000
$379,900 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2040
Sold May 16, 2007
$161,500
$400,000 by Chicago Community Bank
Mortgage Due May 02, 2008
Local assessors in Chicago, IL have categorized 6123 South Menard Avenue as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 3,780 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 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 are 2 full bathrooms. There are also 3 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 6123 South Menard Avenue has a total of 2,285 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 asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There are 2 fireplaces in the home which may result in additional cleaning fees for the homeowner. 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, 6123 South Menard Avenue sold most recently in Nov 8, 2019 for a total of $390,000. If you work out the math, that's approximately a cost of $170.68 per sqft. Before that, the property was also sold for $161,500 in Apr 24, 2007. 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 $7,405 in taxes each year. 6123 South Menard Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,000. If we break it down further, the land itself was valued at $4,725. Improvements to the property, however, were assessed at a total of $31,275. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Parking

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

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,285
  • Gross Building Area: 2,285
  • Building Area: 2,285
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,285
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THIRD ADD TO CLEARING
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (THIRD) ADD TO (CLEARING) CO SUB IN SEC 17-38-13

Ownership

  • Current Owner : MINA WASHINGTON
  • Previous Owner : TJC CONSTRUCTION COMPANY
  • Owner Before Previous Owner: METROPOLITAN BANK & TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 640300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 00E-30-02
  • District: 72
  • Parcel: 19-17-420-008-0000
  • Block: 4
  • Lot: 33
  • Meridian: SEC 17 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7809
  • Longitude: -87.7664

    Address

  • Full Address: 6123 S Menard Ave
  • Address - House Number: 6123
  • Street Direction: S
  • Address - Street Name: Menard
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 4409
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,405
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 478,971
  • High Value: 588,919
  • Low Value: 369,023

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $469,141
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $379,900
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2040
  • Second Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • Second Open Lien Mortgage Recording Date: Mar 25, 2024
  • Second Open Lien Mortgage Loan Amount: $89,241
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 25, 2054

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $47,250
  • Market Improvement Value: $312,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $4,725
  • Assessed Improvements Value: $31,275

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Transaction ID: 11679467484
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1931908278
  • Previous Sale Recording Date: May 16, 2007
  • Previous Sale Contract Date: Apr 24, 2007
  • Previous Sale Amount: $161,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Nov 15, 2019
  • First Mortgage Loan Amount: $374,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHICAGO COMMUNITY BANK
  • Previous Mortgage Transaction Date: May 16, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 02, 2008

About Southwest Side



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Frequently Asked Questions

What neighborhood is 6123 South Menard Avenue located in?
The 6123 South Menard Avenue is a house located in the neighborhood of Clearing in Southwest Side, Chicago.
What is the average sales price for listings in 6123 South Menard Avenue?
The average sales price for units in 6123 South Menard Avenue is $0 currently.

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