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3116 West 41st Place

3116 West 41st Place, Chicago, IL 60632
Property in Brighton Park
Sold Aug 08, 2007
$245,000
$220,500 by Bank Of America Na
Mortgage Due Aug 01, 2037
Sold Nov 23, 1998
$111,000
$110,941 by Mca Mtg Corp
Mortgage Due Nov 01, 2028
3116 West 41st Place in Chicago, IL was first built in 1920 and is 104 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 multifamily style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3116 West 41st Place has 1,680 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. The linear feet across the front of the lot is 1,230 ft and the linear feet between the front and back of the lot is 280. In total, the area measurement of the land is 3,419 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 heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 31, 2007 for $245,000. That's $145.83 per sqft. Prior to that sales transaction, the property was also sold in Oct 21, 1998 for $111,000. 3116 West 41st Place was last assessed in 2023. The total value of the property was assessed at $19,000. Specifically, the land the property is located on was valued at $3,419. While improvements on the property were assessed at a total of $15,581. 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 $3,930. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,419
  • Lot Size Depth Feet: 280
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOVILLE WALKER & MCELWEES
  • Land Acres: 0.079
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SCOVILLE) (WALKER) & (MCELWEES) SUB OF LTS1-4 & SUB- LT2 IN OSBORNES SUB OF LT5, ALL IN SUPERIOR COURT PARTN OF WH NW SEC 01

Ownership

  • Current Owner : SALGADO VICTOR
  • Current Owner 2: SALGADO EVA
  • Previous Owner : FLORES RAFAEL
  • Previous Owner 2: VAZQUEZ LUCILA
  • Owner Before Previous Owner: MARQUETTE NATIONAL BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580501

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-01-114-032-0000
  • Block: 6
  • Lot: 1-5
  • Meridian: SEC 01 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8183
  • Longitude: -87.7026

    Address

  • Full Address: 3116 W 41st Pl
  • Address - House Number: 3116
  • Street Direction: W
  • Address - Street Name: 41st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C057
  • 4-Digit Zip Code: 2407
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,930
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 353,701
  • High Value: 444,078
  • Low Value: 263,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 08, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $220,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2037

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $34,190
  • Market Improvement Value: $155,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,419
  • Assessed Improvements Value: $15,581

    Sales

  • Current Sale Contract Date: Jul 31, 2007
  • Current Sale Recording Date: Aug 08, 2007
  • Current Sale Transaction ID: 1094679273
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0722057137
  • Previous Sale Recording Date: Nov 23, 1998
  • Previous Sale Contract Date: Oct 21, 1998
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 08, 2007
  • First Mortgage Loan Amount: $220,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MCA MTG CORP
  • Previous Mortgage Transaction Date: Nov 23, 1998
  • Previous Mortgage Loan Amount: $110,941
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2028

About Southwest Side



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Frequently Asked Questions

What neighborhood is 3116 West 41st Place located in?
The 3116 West 41st Place is a located in the neighborhood of Brighton Park in Southwest Side, Chicago.
What is the average sales price for listings in 3116 West 41st Place?
The average sales price for units in 3116 West 41st Place is $0 currently.

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