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945 West 31st Place

945 West 31st Place, Chicago, IL 60608
Multifamily in Bridgeport
Sold Jul 18, 2022
$617,500
Seller
$463,125 by Cherry Creek Mortgage Llc
Mortgage Due Aug 01, 2052
Sold Jul 17, 2019
$520,500
$494,475 by Draper & Kramer Mortgage Corp
Mortgage Due Aug 01, 2049
945 West 31st Place 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 1890 and is 134 years old. The home has a total of 14 rooms. 8 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, 945 West 31st Place has 2,808 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 2,675 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 no garage for those who require parking. 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 asphalt. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 945 West 31st Place sold most recently in Jul 5, 2022 for a total of $617,500. If you work out the math, that's approximately a cost of $219.91 per sqft. Before that, the property was also sold for $520,500 in Jul 15, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,610 in taxes each year. 945 West 31st Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $10,700. Improvements to the property, however, were assessed at a total of $26,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,675
  • Total Building Area: 2,808
  • Gross Building Area: 2,808
  • Building Area: 2,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EGANS SOUTH ADD
  • Land Acres: 0.061
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF LTS 9-15 IN EGANS SOUTH ADD TO CHICA GO SUB OF PT OF EH NE SEC 32-39-14

Ownership

  • Current Owner : ARGUELLO LUIS
  • Previous Owner : PATEL ANKUR
  • Owner Before Previous Owner: KILLIAN ARMEN
  • Owner Before Previous Owner 2: KILLIAN LUCIN
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 600900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-32-207-007-0000
  • Block: 2
  • Lot: 9-15
  • Meridian: SEC 32 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.837
  • Longitude: -87.6504

    Address

  • Full Address: 945 W 31st Pl
  • Address - House Number: 945
  • Street Direction: W
  • Address - Street Name: 31st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 6940
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,610
  • Tax Rate Code Area: 76008

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 442,150
  • High Value: 555,127
  • Low Value: 329,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $463,125
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 18, 2022
  • First Open Lien Mortgage Loan Amount: $463,125
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $107,000
  • Market Improvement Value: $263,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $10,700
  • Assessed Improvements Value: $26,300

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Transaction ID: 11905413738
  • Current Sale Price: $617,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 39200
  • Previous Sale Recording Date: Jul 17, 2019
  • Previous Sale Contract Date: Jul 15, 2019
  • Previous Sale Amount: $520,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 18, 2022
  • First Mortgage Loan Amount: $463,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 17, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $494,475
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Southwest Side



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Nearby Rentals

Unit for rent at

$925 /mo

  • Loft
  • 1 Bath
  • 100 ft²
Unit for rent at

$975 /mo

  • Loft
  • 3 Baths
Unit for rent at

$860 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 945 West 31st Place located in?
The 945 West 31st Place is a multifamily located in the neighborhood of Bridgeport in Southwest Side, Chicago.
What is the average sales price for listings in 945 West 31st Place?
The average sales price for units in 945 West 31st Place is $530,000 currently.

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