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8420 South Essex Avenue

8420 South Essex Avenue, Chicago, IL 60617
Sold Apr 02, 2015
Transfer
$123,900 by Regions Bank
Mortgage Due Mar 01, 2052
Sold Aug 05, 2003
$130,000
$110,000 by Citimortgage Inc
Mortgage Due Jul 01, 2033
8420 South Essex Avenue in Chicago, IL was first built in 1932 and is 92 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. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 8420 South Essex Avenue has 1,178 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 3,625 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 hot water heating system. Prior to that sales transaction, the property was also sold in Jul 3, 2003 for $130,000. 8420 South Essex Avenue was last assessed in 2023. The total value of the property was assessed at $12,000. Specifically, the land the property is located on was valued at $3,625. While improvements on the property were assessed at a total of $8,375. 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 $1,765. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,625
  • Total Building Area: 1,178
  • Gross Building Area: 1,178
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILL SUB
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J E (GRASSIES) RESUB OF LTS 12-37 IN BLK 40 BOTH INCL ALSO LTS 8-20 BOTH INCL & LTS 33-48 BOTH INCL IN BLK 42 ALL IN HILL SUB

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : LANGOWSKI MICHAEL J
  • Owner Before Previous Owner: BOONE MULROLINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 21-31-309-027-0000
  • Block: 40,42
  • Lot: 8-48
  • Meridian: SEC 31 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.742
  • Longitude: -87.5639

    Address

  • Full Address: 8420 S Essex Ave
  • Address - House Number: 8420
  • Street Direction: S
  • Address - Street Name: Essex
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 1937
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,765
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2662
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 188,879
  • High Value: 239,165
  • Low Value: 138,592

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $180,199
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $123,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052
  • Second Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: May 26, 2022
  • Second Open Lien Mortgage Loan Amount: $56,299
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 04, 2052

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $36,250
  • Market Improvement Value: $83,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $3,625
  • Assessed Improvements Value: $8,375

    Sales

  • Current Sale Contract Date: Feb 16, 2015
  • Current Sale Recording Date: Apr 02, 2015
  • Current Sale Transaction ID: 1095173782
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 1509222059
  • Previous Sale Recording Date: Aug 05, 2003
  • Previous Sale Contract Date: Jul 03, 2003
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 05, 2003
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2033

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Frequently Asked Questions

What neighborhood is 8420 South Essex Avenue located in?
The 8420 South Essex 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 8420 South Essex Avenue?
The average sales price for units in 8420 South Essex Avenue is $0 currently.

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