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7313 South Sangamon Street

7313 South Sangamon Street, Chicago, IL 60621
Multifamily in Englewood
Sold May 19, 2023
$206,000
$202,268 by Success Lending, Llc
Mortgage Due Jun 01, 2053
Sold Oct 30, 2019
$56,500
$42,075 by Ark-la-tex Finance Services Ll
Mortgage Due Nov 01, 2049
7313 South Sangamon Street in Chicago, IL was first built in 1909 and is 115 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 bungalow style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7313 South Sangamon Street has 1,452 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. 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 asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. 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 air conditioning. As for heating, the home is utilizing a heating system. 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, 7313 South Sangamon Street was last sold in May 12, 2023 for $206,000. According to our calculations, that's $141.87 per sqft. Prior to that sales transaction, the property was sold for $56,500 in Oct 18, 2019. Current property owners are expected to pay $925 in taxes per year. The property on 7313 South Sangamon Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,500. To break that down further, the land itself was valued at $2,031. While improvements to the property were assessed at a total of $2,469. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 1,452
  • Gross Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DOWNING & PHILLIPS NORMAL
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (DOWNING) & (PHILLIPS) (NORMAL) PARK ADD SUB OF PT EX S 149FT EH NE SEC 29-38-14

Ownership

  • Current Owner : HUDSON DJUNA
  • Previous Owner : BROWN LUWADE R
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 681400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-29-221-006-0000
  • Lot: 495
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.761
  • Longitude: -87.6476

    Address

  • Full Address: 7313 S Sangamon St
  • Address - House Number: 7313
  • Street Direction: S
  • Address - Street Name: Sangamon
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C002
  • 4-Digit Zip Code: 1627
  • Zip Code: 60621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $925
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 62,433
  • High Value: 90,935
  • Low Value: 33,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,268
  • First Open Lien Mortgage Lender: SUCCESS LENDING, LLC
  • First Open Lien Mortgage Recording Date: May 19, 2023
  • First Open Lien Mortgage Loan Amount: $202,268
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $45,000
  • Market Land Value: $20,310
  • Market Improvement Value: $24,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,500
  • Assessed Land Value: $2,031
  • Assessed Improvements Value: $2,469

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Transaction ID: 11906658237
  • Current Sale Price: $206,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 45189
  • Previous Sale Recording Date: Oct 30, 2019
  • Previous Sale Contract Date: Oct 18, 2019
  • Previous Sale Amount: $56,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS LENDING, LLC
  • First Mortgage Transaction Date: May 19, 2023
  • First Mortgage Loan Amount: $202,268
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • Previous Mortgage Transaction Date: Oct 30, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $42,075
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

About South Side



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
Listing by Rashauna Scott
Unit for rent at

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
Listing by Keith Martin
Unit for rent at

$1,400 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,392 /mo

  • 2 Beds
  • 1 Bath
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Unit for rent at

$1,350 /mo

  • 2 Beds
  • 1 Bath
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Frequently Asked Questions

What neighborhood is 7313 South Sangamon Street located in?
The 7313 South Sangamon Street is a multifamily located in the neighborhood of Englewood in South Side, Chicago.
What is the average sales price for listings in 7313 South Sangamon Street?
The average sales price for units in 7313 South Sangamon Street is $90,000 , or $62/sqft. currently.

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