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1016 North California Avenue

1016 North California Avenue, Chicago, IL 60622
Property in Humboldt Park
Sold Dec 31, 2019
$860,000
$645,000 by Liberty Bank For Savings
Mortgage Due Jan 01, 2025
Sold Oct 04, 2016
$400,000
1016 North California Avenue in Chicago, IL was first built in 1897 and is 127 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 3 floors. There are a total of 15 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1016 North California Avenue has 4,472 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. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. 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 central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Dec 19, 2019 for $860,000. That's $192.31 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 2016 for $400,000. 1016 North California Avenue was last assessed in 2023. The total value of the property was assessed at $79,856. Specifically, the land the property is located on was valued at $14,063. While improvements on the property were assessed at a total of $65,793. 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 $16,910. 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. 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: 1897
  • Effective Year Built: 1897
  • Building Count: 2
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 4,472
  • Gross Building Area: 4,472
  • Building Area: 4,472
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARTERS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (CARTERS) RESUB OF BLKS 1,3-5 7-11,13-15 & LTS 2,4-5 OF BLK 17 ALL IN CARTERS SUB OF BLKS 1-4 & 7 OF CLIFFORDS ADD TO CHGO SU

Ownership

  • Current Owner : MIRACLE VENTURES LTD
  • Previous Owner : BCL 1016 CALIFORNIA LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 240900

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-312-024-0000
  • Block: 1-4
  • Lot: 2
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8998
  • Longitude: -87.6972

    Address

  • Full Address: 1016 N California Ave
  • Address - House Number: 1016
  • Street Direction: N
  • Address - Street Name: California
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 7669
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,910
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $645,000
  • First Open Lien Mortgage Lender: LIBERTY BANK FOR SAVINGS
  • First Open Lien Mortgage Recording Date: Dec 31, 2019
  • First Open Lien Mortgage Loan Amount: $645,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025

    Market Valuation

  • Market Total Value: $798,560
  • Market Land Value: $140,630
  • Market Improvement Value: $657,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,856
  • Assessed Land Value: $14,063
  • Assessed Improvements Value: $65,793

    Sales

  • Current Sale Contract Date: Dec 19, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Transaction ID: 11712589933
  • Current Sale Price: $860,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1936555102
  • Previous Sale Recording Date: Oct 04, 2016
  • Previous Sale Contract Date: Sep 28, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY BANK FOR SAVINGS
  • First Mortgage Transaction Date: Dec 31, 2019
  • First Mortgage Loan Amount: $645,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2025

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,500 /mo

  • 1 Bed
  • 1 Bath
Listing by David Fedeles

Frequently Asked Questions

What neighborhood is 1016 North California Avenue located in?
The 1016 North California Avenue is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 1016 North California Avenue?
The average sales price for units in 1016 North California Avenue is $0 currently.

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