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714 West 35th Street

714 West 35th Street, Chicago, IL 60616
Property in Bridgeport
Sold Jul 14, 2010
$450,000
$257,000 by Citibank Na
Mortgage Due Jul 01, 2042
Sold Sep 02, 1998
$270,000
$100,000 by Lasalle Bank Fsb
Mortgage Due Feb 10, 2022
Local assessors in Chicago, IL have categorized 714 West 35th Street as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 3,400 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 14 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 4 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 714 West 35th Street has a total of 3,390 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 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 central 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, 714 West 35th Street sold most recently in Jun 25, 2010 for a total of $450,000. If you work out the math, that's approximately a cost of $132.74 per sqft. Before that, the property was also sold for $270,000 in Aug 3, 1998. 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 $12,666 in taxes each year. 714 West 35th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $65,000. If we break it down further, the land itself was valued at $14,960. Improvements to the property, however, were assessed at a total of $50,040. 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. 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!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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,400
  • Total Building Area: 3,390
  • Gross Building Area: 3,390
  • Building Area: 3,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,390
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GALLAGHERS SUB
  • Land Acres: 0.078
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GALLAGHERS) SUB OF SH BLK9 IN CANAL TRUSTEES SUB OF SEC 33-39-14

Ownership

  • Current Owner : HUANG HUI YI
  • Current Owner 2: HUANG HUI HONG
  • Previous Owner : ELSANADI WAFIK
  • Previous Owner 2: ELSANADI VICTORIA I
  • Owner Before Previous Owner: SWEENEY JAMES M
  • Owner Before Previous Owner 2: SWEENEY MARILYN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 839700

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-33-119-038-0000
  • Block: 9
  • Lot: 5
  • Meridian: SEC 33 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8311
  • Longitude: -87.6444

    Address

  • Full Address: 714 W 35th St
  • Address - House Number: 714
  • Street Direction: W
  • Address - Street Name: 35th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 4050
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,666
  • Tax Rate Code Area: 76043

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 723,190
  • High Value: 832,344
  • Low Value: 614,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jun 18, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $257,000
  • First Open Lien Mortgage Term: 336
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2042

    Market Valuation

  • Market Total Value: $650,000
  • Market Land Value: $149,600
  • Market Improvement Value: $500,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,000
  • Assessed Land Value: $14,960
  • Assessed Improvements Value: $50,040

    Sales

  • Current Sale Contract Date: Jun 25, 2010
  • Current Sale Recording Date: Jul 14, 2010
  • Current Sale Transaction ID: 1133386444
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1019512115
  • Previous Sale Recording Date: Sep 02, 1998
  • Previous Sale Contract Date: Aug 03, 1998
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC GLOBAL BANK
  • First Mortgage Transaction Date: Jul 14, 2010
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2040

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LASALLE BANK FSB
  • Previous Mortgage Transaction Date: Sep 02, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 280
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 10, 2022

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Frequently Asked Questions

What neighborhood is 714 West 35th Street located in?
The 714 West 35th Street is a located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 714 West 35th Street?
The average sales price for units in 714 West 35th Street is $0 currently.

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