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8604 South Ada Street

8604 South Ada Street, Chicago, IL 60620
House in Gresham
Sold Apr 06, 2021
$290,000
$284,747 by Loandepot.com Llc
Mortgage Due Feb 01, 2051
Sold Jan 29, 2020
$68,000
$176,464 by Tvc Funding I Llc
Mortgage Due Nov 01, 2020
Local assessors in Chicago, IL have categorized 8604 South Ada Street as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 4,125 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 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 8604 South Ada Street has a total of 1,852 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 detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 tile. 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 hot water heating system is the primary heating source. The property was last sold in Jan 4, 2021 for $290,000. That's $156.59 per sqft. Prior to that sales transaction, the property was also sold in Jan 24, 2020 for $68,000. 8604 South Ada Street was last assessed in 2023. The total value of the property was assessed at $17,300. Specifically, the land the property is located on was valued at $2,681. While improvements on the property were assessed at a total of $14,619. 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 $3,558. 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. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,125
  • Total Building Area: 1,852
  • Gross Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MATSON HILLS SOUTH ENGLEWOOD ADD
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LTS 1-17 INCL & LTS 28-44 INCL IN BECKER & BUTLERS RESUB OF BLK 4 MATSON HILLS SOUTH ENGLEWOOD ADD SH SE S

Ownership

  • Current Owner : BLAIR MCGEE TINA
  • Previous Owner : CTM INVESTMENT CO
  • Owner Before Previous Owner: VASQUEZ MARTIN GUZMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 711100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 025-100-06
  • District: 72
  • Parcel: 20-32-327-015-0000
  • Block: 4
  • Lot: 1-17
  • Meridian: SEC 02 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7375
  • Longitude: -87.6573

    Address

  • Full Address: 8604 S Ada St
  • Address - House Number: 8604
  • Street Direction: S
  • Address - Street Name: Ada
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 4020
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,558
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 284,892
  • High Value: 352,954
  • Low Value: 216,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,747
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $284,747
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $173,000
  • Market Land Value: $26,810
  • Market Improvement Value: $146,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,300
  • Assessed Land Value: $2,681
  • Assessed Improvements Value: $14,619

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Transaction ID: 11829321581
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2109618256
  • Previous Sale Recording Date: Jan 29, 2020
  • Previous Sale Contract Date: Jan 24, 2020
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Apr 06, 2021
  • First Mortgage Loan Amount: $284,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: TVC FUNDING I LLC
  • Previous Mortgage Transaction Date: Jan 29, 2020
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $176,464
  • Previous Mortgage Term: 9
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 01, 2020

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Frequently Asked Questions

What neighborhood is 8604 South Ada Street located in?
The 8604 South Ada Street is a house located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 8604 South Ada Street?
The average sales price for units in 8604 South Ada Street is $0 currently.

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