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7003 South Calumet Avenue

7003 South Calumet Avenue, Chicago, IL 60637
Property in Park Manor
Sold May 13, 1999
Transfer
$141,500 by Ditech Financial Llc
Mortgage Due Feb 01, 2037
Sold Apr 30, 1997
$120,000
$122,400 by Lasalle Bank Fsb
Mortgage Due May 01, 2027
7003 South Calumet Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1908 and is 116 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 7003 South Calumet Avenue has 1,488 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 280 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 3,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Prior to that sales transaction, the property was also sold in Apr 24, 1977 for $120,000. 7003 South Calumet Avenue was last assessed in 2023. The total value of the property was assessed at $6,500. Specifically, the land the property is located on was valued at $4,375. While improvements on the property were assessed at a total of $2,125. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $493. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,500
  • Lot Size Depth Feet: 280
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SONNENSCHEIN & SOLOMONS PARK
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SONNENSCHEIN) & (SOLOMONS)(PARK) MANOR SUB OF BLKS 5 7 & 12 IN L C P FREERS SUB OF EH SW EX RR EH SW SEC 22-38-14

Ownership

  • Current Owner : SIBLEY JOHN HENRY
  • Current Owner 2: SIBLEY DEANNA
  • Previous Owner : SIBLEY JOHN HENRY
  • Owner Before Previous Owner: HERITAGE TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 690400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-22-325-002-0000
  • Block: 5,7,1
  • Lot: 26,25
  • Meridian: SEC 22 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7673
  • Longitude: -87.6166

    Address

  • Full Address: 7003 S Calumet Ave
  • Address - House Number: 7003
  • Street Direction: S
  • Address - Street Name: Calumet
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 4696
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $493
  • Tax Rate Code Area: 70083

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 165,734
  • High Value: 203,578
  • Low Value: 127,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,500
  • First Open Lien Mortgage Lender: DITECH FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jun 28, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $141,500
  • 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: Feb 01, 2037

    Market Valuation

  • Market Total Value: $65,000
  • Market Land Value: $43,750
  • Market Improvement Value: $21,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,500
  • Assessed Land Value: $4,375
  • Assessed Improvements Value: $2,125

    Sales

  • Current Sale Contract Date: Mar 24, 1999
  • Current Sale Recording Date: May 13, 1999
  • Current Sale Transaction ID: 1084553973
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 99462977
  • Previous Sale Recording Date: Apr 30, 1997
  • Previous Sale Contract Date: Apr 24, 1977
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: May 13, 1999
  • First Mortgage Loan Amount: $126,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: LASALLE BANK FSB
  • Previous Mortgage Transaction Date: Apr 30, 1997
  • Previous Mortgage Loan Amount: $122,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2027

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Frequently Asked Questions

What neighborhood is 7003 South Calumet Avenue located in?
The 7003 South Calumet Avenue is a located in the neighborhood of Park Manor in South Side, Chicago.
What is the average sales price for listings in 7003 South Calumet Avenue?
The average sales price for units in 7003 South Calumet Avenue is $0 currently.

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