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737 Garfield Street

737 Garfield Street, Oak Park, IL 60304
Property in Oak Park
Sold Dec 13, 2012
$266,000
$199,500 by Inland Home Mortgage Co Llc
Mortgage Due Dec 01, 2027
Local assessors in Oak Park, IL have categorized 737 Garfield Street as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 5,043 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 16 rooms in the home. Of these, 8 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 4 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 737 Garfield Street has a total of 2,800 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, 737 Garfield Street was last sold in Nov 3, 2012 for $266,000. According to our calculations, that's $95.00 per sqft. Current property owners are expected to pay $13,807 in taxes per year. The property on 737 Garfield Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $55,276. To break that down further, the land itself was valued at $7,060. While improvements to the property were assessed at a total of $48,216. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • 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: 4
  • Business/Commerical Units Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,043
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 2,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARFIELD EUCLID
  • Land Acres: 0.116
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GARFIELD) (EUCLID) RESUB OF LTS1-4 BLK1 IN W S DRAYS THIRD ADD TO OAK PARK & ALSO LTS1-2 BLK1 IN E SLIPPERLYS OF MCGREWS SUB

Ownership

  • Current Owner : WANG HONGWU
  • Previous Owner : AUGUST JAMES E
  • Previous Owner 2: AUGUST ANNE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 813200

Geography

  • District: 27
  • Parcel: 16-18-403-018-0000
  • Block: 1
  • Lot: 1-4,7
  • Meridian: SEC 18 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8718
  • Longitude: -87.7934

    Address

  • Full Address: 737 Garfield St
  • Address - House Number: 737
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C075
  • 4-Digit Zip Code: 2426
  • Zip Code: 60304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,807
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 571,409
  • High Value: 717,415
  • Low Value: 425,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,500
  • First Open Lien Mortgage Lender: INLAND HOME MORTGAGE CO LLC
  • First Open Lien Mortgage Recording Date: Dec 13, 2012
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $199,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $552,760
  • Market Land Value: $70,600
  • Market Improvement Value: $482,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,276
  • Assessed Land Value: $7,060
  • Assessed Improvements Value: $48,216

    Sales

  • Current Sale Contract Date: Nov 03, 2012
  • Current Sale Recording Date: Dec 13, 2012
  • Current Sale Transaction ID: 1177261327
  • Current Sale Price: $266,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1234822058

    Last Sale Mortgage

  • First Mortgage Lender: INLAND HOME MORTGAGE CO LLC
  • First Mortgage Transaction Date: Dec 13, 2012
  • First Mortgage Loan Amount: $199,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 01, 2027

    Financing

  • First Mortgage Financing Type: Unknown

About Oak Park



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Frequently Asked Questions

What neighborhood is 737 Garfield Street located in?
The 737 Garfield Street is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 737 Garfield Street?
The average sales price for units in 737 Garfield Street is $0 currently.

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