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703 East 92nd Street

703 East 92nd Street, Chicago, IL 60619
Property in Burnside
Sold Dec 30, 2020
$155,000
703 East 92nd Street in Chicago, IL was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 703 East 92nd Street has 2,190 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 703 East 92nd Street sold most recently in Oct 1, 2020 for a total of $155,000. If you work out the math, that's approximately a cost of $70.78 per sqft. 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 $2,382 in taxes each year. 703 East 92nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,000. If we break it down further, the land itself was valued at $3,906. Improvements to the property, however, were assessed at a total of $11,094. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • 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: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,190
  • Gross Building Area: 2,190
  • Building Area: 2,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROSS THIRD ADD TO DAUPHIN
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: S E (GROSS)(THIRD) ADD TO (DAUPHIN) PARK SUB OF SH NE SE SEC 03-37-14

Ownership

  • Current Owner : POWELL DANIELLE
  • Previous Owner : HOPKINS MICHAEL

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 440900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 25-03-411-002-0000
  • Block: 56
  • Lot: 2
  • Meridian: SEC 03 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7272
  • Longitude: -87.6067

    Address

  • Full Address: 703 E 92nd St
  • Address - House Number: 703
  • Street Direction: E
  • Address - Street Name: 92nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 7603
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,382
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 334,046
  • High Value: 419,401
  • Low Value: 248,690

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $39,060
  • Market Improvement Value: $110,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $3,906
  • Assessed Improvements Value: $11,094

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Transaction ID: 11809770335
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2036513161

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 30, 2020
  • First Mortgage Loan Amount: $152,093
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 703 East 92nd Street located in?
The 703 East 92nd Street is a located in the neighborhood of Burnside in South Side, Chicago.
What is the average sales price for listings in 703 East 92nd Street?
The average sales price for units in 703 East 92nd Street is $0 currently.

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