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740 South Kilbourn Avenue

740 South Kilbourn Avenue, Chicago, IL 60624
Multifamily in Lawndale
1 Units For Sale
Unit for sale at 740 S Kilbourn Avenue, Chicago, IL 60624

$200,000 ↓ $20K

  • 4 Beds
740 S Kilbourn Avenue, Chicago, IL 60624 Listing by Juan Loza

740 South Kilbourn 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 1917 and is 107 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 740 South Kilbourn Avenue has 2,256 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,393 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 3 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 asphalt. 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. The property was last sold in Dec 15, 2023 for $115,000. That's $50.98 per sqft. 740 South Kilbourn Avenue was last assessed in 2023. The total value of the property was assessed at $9,000. Specifically, the land the property is located on was valued at $3,987. While improvements on the property were assessed at a total of $5,013. 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 $1,151. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,393
  • Total Building Area: 2,256
  • Gross Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BENJAMIN J GLASERS RESUB OF LTS 1-22 B
  • Land Acres: 0.078
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: BENJAMIN J (GLASERS) RESUB OF LTS 1-22 BLK 7 IN SUB O F PT LYING N OF BARRY POINT RD EH SW SEC 15-39-13

Ownership

  • Current Owner : HERNANDEZ LUIS F
  • Previous Owner : GN PRO GROUP LLC
  • Owner Before Previous Owner: VANDI LLC
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 261000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Dec 03, 2020
  • District: 77
  • Parcel: 16-15-316-026-0000
  • Block: 7
  • Lot: 1-22
  • Meridian: SEC 15 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8712
  • Longitude: -87.7381

    Address

  • Full Address: 740 S Kilbourn Ave
  • Address - House Number: 740
  • Street Direction: S
  • Address - Street Name: Kilbourn
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 3490
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,151
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 304,563
  • High Value: 382,384
  • Low Value: 226,741

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $39,870
  • Market Improvement Value: $50,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,000
  • Assessed Land Value: $3,987
  • Assessed Improvements Value: $5,013

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Transaction ID: 11918314101
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13698
  • Previous Sale Recording Date: Jan 12, 2022
  • Previous Sale Contract Date: Aug 31, 2021
  • Previous Sale Document Type: Quit Claim Deed

About West Side



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Frequently Asked Questions

What neighborhood is 740 South Kilbourn Avenue located in?
The 740 South Kilbourn Avenue is a multifamily located in the neighborhood of Lawndale in West Side, Chicago.
How many listings are currently for sale in 740 South Kilbourn Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 740 South Kilbourn Avenue?
The average sales price for units in 740 South Kilbourn Avenue is $200,000 currently.

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