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8041 South Escanaba Avenue

8041 South Escanaba Avenue, Chicago, IL 60617
Sold Mar 29, 2022
$208,000
$195,700 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2052
Sold Jul 15, 2021
$70,000
8041 South Escanaba 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 1922 and is 102 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8041 South Escanaba Avenue has 961 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,025 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 is one available parking space. 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 tile. 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. Finally, the property is currently sourcing its water from a municipal 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, 8041 South Escanaba Avenue was last sold in Feb 28, 2022 for $208,000. According to our calculations, that's $216.44 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Jun 30, 2021. Current property owners are expected to pay $1,234 in taxes per year. The property on 8041 South Escanaba Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,000. To break that down further, the land itself was valued at $3,025. While improvements to the property were assessed at a total of $2,975. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,025
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 961
  • Gross Building Area: 961
  • Building Area: 961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 961
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIDWAYS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHN (WOODBRIDGE) JR SUB OF LT 1 OF L B SIDWAYS SUB O F SH OF BLK 15 CIRCUIT CT OF NW OF NE & NE OF NW ALSO OF SH OF SW OF NE

Ownership

  • Current Owner : MARTINEZ ESMERALDA
  • Previous Owner : AJR INVESTMENTS LLC
  • Owner Before Previous Owner: KRISAY CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 21-31-210-013-0000
  • Block: 15
  • Lot: 1
  • Meridian: SEC 31 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.7489
  • Longitude: -87.5537

    Address

  • Full Address: 8041 S Escanaba Ave
  • Address - House Number: 8041
  • Street Direction: S
  • Address - Street Name: Escanaba
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 1415
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,234
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 151,254
  • High Value: 190,035
  • Low Value: 112,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,700
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 29, 2022
  • First Open Lien Mortgage Loan Amount: $195,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $60,000
  • Market Land Value: $30,250
  • Market Improvement Value: $29,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,000
  • Assessed Land Value: $3,025
  • Assessed Improvements Value: $2,975

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Transaction ID: 11888728285
  • Current Sale Price: $208,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2208812008
  • Previous Sale Recording Date: Jul 15, 2021
  • Previous Sale Contract Date: Jun 30, 2021
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 29, 2022
  • First Mortgage Loan Amount: $195,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2052

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 8041 South Escanaba Avenue located in?
The 8041 South Escanaba Avenue is a house located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 8041 South Escanaba Avenue?
The average sales price for units in 8041 South Escanaba Avenue is $0 currently.

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