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9323 South Wallace Street

9323 South Wallace Street, Chicago, IL 60620
House in Brainerd
Sold Jan 22, 2018
$146,000
Seller
$143,355 by The Federal Savings Bank
Mortgage Due Feb 01, 2048
Sold Sep 22, 2016
$48,500
Buyer
9323 South Wallace Street 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 1957 and is 67 years old. The home has a total of 4 rooms. 3 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, 9323 South Wallace Street has 1,014 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 4,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. 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 stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. 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, 9323 South Wallace Street was last sold in Jan 10, 2018 for $146,000. According to our calculations, that's $143.98 per sqft. Prior to that sales transaction, the property was sold for $48,500 in Sep 15, 2016. Current property owners are expected to pay $2,682 in taxes per year. The property on 9323 South Wallace Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,000. To break that down further, the land itself was valued at $3,281. While improvements to the property were assessed at a total of $9,719. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,375
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 1,014
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROCKWAYS SUB
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: J W (BROCKWAYS) SUB OF W 10 ACS OF SH OF W 30 ACS OF EH SW SEC 04-37-14

Ownership

  • Current Owner : SYKES DAVID LEE
  • Previous Owner : LE TUAN
  • Owner Before Previous Owner: U S BANK TRUST NA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 730100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-04-320-055-0000
  • Block: 1,1
  • Lot: 33,34
  • Meridian: SEC 04 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7245
  • Longitude: -87.6381

    Address

  • Full Address: 9323 S Wallace St
  • Address - House Number: 9323
  • Street Direction: S
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C068
  • 4-Digit Zip Code: 2345
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,682
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 199,384
  • High Value: 252,683
  • Low Value: 146,085

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $155,746
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 22, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $143,355
  • 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, 2048
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 18, 2023
  • Second Open Lien Mortgage Loan Amount: $12,391
  • Second Open Lien Mortgage Term: 319
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $32,810
  • Market Improvement Value: $97,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $3,281
  • Assessed Improvements Value: $9,719

    Sales

  • Current Sale Contract Date: Jan 10, 2018
  • Current Sale Recording Date: Jan 22, 2018
  • Current Sale Transaction ID: 11372649700
  • Current Sale Price: $146,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1802204051
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Contract Date: Sep 15, 2016
  • Previous Sale Amount: $48,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jan 22, 2018
  • First Mortgage Loan Amount: $143,355
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Frequently Asked Questions

What neighborhood is 9323 South Wallace Street located in?
The 9323 South Wallace Street is a house located in the neighborhood of Brainerd in South Side, Chicago.
What is the average sales price for listings in 9323 South Wallace Street?
The average sales price for units in 9323 South Wallace Street is $149,000 , or $112/sqft. currently.

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