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8632 South Escanaba Avenue

8632 South Escanaba Avenue, Chicago, IL 60617
Multifamily in South Chicago
Sold May 04, 2021
$247,000
$242,526 by Home Point Financial Corporati
Mortgage Due May 01, 2051
Sold Feb 10, 2021
$52,500
8632 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 1910 and is 114 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8632 South Escanaba Avenue has 2,685 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 370 ft. The area measurement of the land has been determined as 4,687 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 2 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 frame 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating 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, 8632 South Escanaba Avenue was last sold in Apr 14, 2021 for $247,000. According to our calculations, that's $91.99 per sqft. Prior to that sales transaction, the property was sold for $52,500 in Dec 3, 2020. Current property owners are expected to pay $2,057 in taxes per year. The property on 8632 South Escanaba Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,000. To break that down further, the land itself was valued at $4,687. While improvements to the property were assessed at a total of $5,313. 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. 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.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

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 370
  • Total Building Area: 2,685
  • Gross Building Area: 2,685
  • Building Area: 2,685
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,685
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COURT PARTITION
  • Land Acres: 0.108
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (COURT)(PARTITION) OF - EXCEPTING LAND BELONGING TO S OUTH CHICAGO RR CO SE SEC 31-38-15

Ownership

  • Current Owner : CORTEZ ALEJANDRO
  • Previous Owner : CLEARVUE CAPITAL CORPORATION
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460301

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 027-101-06
  • District: 70
  • Parcel: 21-31-423-031-0000
  • Block: 30
  • Lot: 15,14
  • Meridian: SEC 31 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.7382
  • Longitude: -87.5542

    Address

  • Full Address: 8632 S Escanaba Ave
  • Address - House Number: 8632
  • Street Direction: S
  • Address - Street Name: Escanaba
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 3440
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,057
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 309,477
  • High Value: 388,554
  • Low Value: 230,399

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $251,380
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: May 04, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $242,526
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 15, 2023
  • Second Open Lien Mortgage Loan Amount: $8,854
  • Second Open Lien Mortgage Term: 328
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $46,870
  • Market Improvement Value: $53,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $4,687
  • Assessed Improvements Value: $5,313

    Sales

  • Current Sale Contract Date: Apr 14, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Transaction ID: 11833579998
  • Current Sale Price: $247,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2112421157
  • Previous Sale Recording Date: Feb 10, 2021
  • Previous Sale Contract Date: Dec 03, 2020
  • Previous Sale Amount: $52,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: May 04, 2021
  • First Mortgage Loan Amount: $242,526
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 8632 South Escanaba Avenue located in?
The 8632 South Escanaba Avenue is a multifamily located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 8632 South Escanaba Avenue?
The average sales price for units in 8632 South Escanaba Avenue is $0 currently.

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