NOT LISTED FOR SALE

3941 W Lexington St Chicago, IL 60624

Garfield Park Neighborhood

Estimated Value: $15,469 - $210,000

0.06 Acre
$1,878,917 Price per Acre
2,614 Sq Ft Lot

Last Sold August 18, 2021

Last sale price $13,000

Est. 767% increase in value since last sale

Current estimated payment $674/month

729 Days on Market

About This Lot

As of August 2021

We have six (6) lots total remaining in Chicago like this one: THIS LOT AT 3941 W. LEXINGTON IS ACTUALLY NEXT TO THE PICTURED HOME - that lot is separate and For Sale by Owner by a different owner in the family, but you could always call him if you like as well! And this one is a STANDARD 25x125 CHICAGO LOT in West Garfield Park//PRICED TO SELL//DRIVE BY AND MAKE AN OFFER//RT-4 ZONING PERMITS YOU TO BUILD SINGLE OR MULTI FAMILY (as you will see single and multi-family homes throughout this West Garfield Park Neighborhood of Chicago)//and remember we have six (6) lots total like this available in Chicago! Five (5) in this general area North & South of I-290 and One (1) additional lot at 6006 S Hermitage in West Englewood (nearer to the Museum of Science & Industry) on the South Side of Chicago.

Last Agent to Sell the Property

Rich Lorenzetti

Baird & Warner License #475145253 Listed on: 07/03/2019

Baird & Warner

Last Buyer's Agent

Rich Lorenzetti

Baird & Warner License #475145253 Listed on: 07/03/2019

Baird & Warner

Property Details

Property Type

  • Land

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24x125x23x125
  • Property is zoned MULTI

Utilities

  • No Cooling
  • No Heating
  • No Utilities

Listing and Financial Details

  • Tenant pays for taxes

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 24
  • Frontage Type: City Street
  • List Price: 15000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: None
  • Heating: None
  • Utilities: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 24X125X23X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Land Amenities: Fencing,Sidewalks
  • Estimated Land Sq Ft: 2979
  • Land Description: Cleared
  • Total Listed Lots Avail: 1

Rental Info

  • Tenant Pays: Taxes
  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 740.04
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 5, 2021
Sold by
Bogdan Judith E
Bought by
M L G Investments Llc
Seller's Agent
Rich Lorenzetti
Baird & Warner
Buyer's Agent
Rich Lorenzetti
Baird & Warner
List Price
$15,000
Sold Price
$13,000
Premium/Discount to List
-$2,000
-13.33%
Current Estimated Value
$112,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,735
Avg. Annual Appreciation
69.37%

Purchase Details

Closed on
Aug 19, 2015
Sold by
Chicago Title Land Trust Company
Bought by
Bogdan Judith E

Purchase Details

Closed on
Mar 20, 2003
Sold by
Orr David D
Bought by
Bogdan Joseph A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
M L G Investments Llc $13,000 Old Republic Title
Bogdan Judith E -- Chicago Title Land Trust Co
Bogdan Joseph A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $13,000 -13.3% --
07/01/2021 07/01/21 Pending -- -- --
06/14/2020 06/14/20 For Sale $15,000 0.0% --
04/09/2020 04/09/20 Pending -- -- --
07/03/2019 07/03/19 For Sale $15,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $777 $4,531 $4,531 --
2023 $758 $3,672 $3,672 --
2022 $758 $3,672 $3,672 $0
2021 $741 $3,671 $3,671 $0
2020 $821 $3,671 $3,671 $0
2019 $740 $3,671 $3,671 $0
2018 $728 $3,671 $3,671 $0
2017 $709 $3,281 $3,281 $0
2016 $657 $3,281 $3,281 $0
2015 $601 $3,281 $3,281 $0
2014 $580 $3,125 $3,125 $0
2013 $568 $3,125 $3,125 $0
Source: Public Records

Agents Affiliated with this Home

  • Rich Lorenzetti

    Seller's Agent in 2021

    Rich Lorenzetti

    Baird Warner

    (630) 327-0805

    2 in this area

    9 Total Sales

    Rich Lorenzetti
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10438556

Midwest Real Estate Data (MRED)

APN: 16-14-309-007-0000

Illinois Cook County Chicago 60624 Garfield Park

3941 W Lexington St, Chicago, IL

This home is located at 3941 W Lexington St, Chicago, IL 60624 since 03 July 2019 and is currently estimated at $112,735. 3941 W Lexington St is a home located in Cook County with nearby schools including Webster Elementary School, Community Christian Alternative Academy, and Chicago West Side Christian School.

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