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6932 South Fairfield Avenue

6932 South Fairfield Avenue, Chicago, IL 60629
Multifamily in Lithuanian Plaza
Sold Feb 11, 2021
$195,000
$191,468 by Neighborhood Loans
Mortgage Due Jan 01, 2051
Local assessors in Chicago, IL have categorized 6932 South Fairfield Avenue as a residential type of property. The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 4,410 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 6 rooms in the home. Of these, 4 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 6932 South Fairfield Avenue has a total of 2,325 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. 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 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 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, 6932 South Fairfield Avenue was last sold in Dec 4, 2020 for $195,000. According to our calculations, that's $83.87 per sqft. Current property owners are expected to pay $2,896 in taxes per year. The property on 6932 South Fairfield Avenue was last assessed in 2022. 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 $3,528. While improvements to the property were assessed at a total of $10,472. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,410
  • Total Building Area: 2,325
  • Gross Building Area: 2,325
  • Building Area: 2,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,325
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: C S THORTONS
  • Land Acres: 0.101
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : VARELA JAIME
  • Previous Owner : BABICZ FRANCES M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-24-413-049-0000
  • Block: 2
  • Lot: 40,41
  • Meridian: SEC 24 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7673
  • Longitude: -87.6922

    Address

  • Full Address: 6932 S Fairfield Ave
  • Address - House Number: 6932
  • Street Direction: S
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 1913
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,896
  • Tax Rate Code Area: 72014

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,468
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $191,468
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $35,280
  • Market Improvement Value: $104,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,000
  • Assessed Land Value: $3,528
  • Assessed Improvements Value: $10,472

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11817549357
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2104212055

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $191,468
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 6932 South Fairfield Avenue located in?
The 6932 South Fairfield Avenue is a multifamily located in the neighborhood of Lithuanian Plaza in South Side, Chicago.
What is the average sales price for listings in 6932 South Fairfield Avenue?
The average sales price for units in 6932 South Fairfield Avenue is $0 currently.

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