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1023 Chicago Avenue

1023 Chicago Avenue, Oak Park, IL 60302
Property in Oak Park
Sold Jul 02, 2018
$549,000
$549,000 by Navy Fcu
Mortgage Due Jul 01, 2048
Sold Apr 21, 2003
$650,000
$520,000 by National City Mortgage Co
Mortgage Due Apr 01, 2033
1023 Chicago Avenue has been categorized by the local assessors in Oak Park, IL as a residential type of property. The building on the property was first built in 1908 and is 116 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1023 Chicago Avenue has 3,289 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 9,150 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 frame 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 wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1023 Chicago Avenue was last sold in Jun 28, 2018 for $549,000. According to our calculations, that's $166.92 per sqft. Prior to that sales transaction, the property was sold for $650,000 in Mar 20, 2003. Current property owners are expected to pay $27,357 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1023 Chicago Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $91,000. To break that down further, the land itself was valued at $12,810. While improvements to the property were assessed at a total of $78,190. 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: 1908
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,150
  • Total Building Area: 3,289
  • Gross Building Area: 3,289
  • Building Area: 3,289
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,289
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALES SUB
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF N66FT OF LT11 & ALL LTS 12-16IN E O GALES SUB BLK 4 OF TIMMES SUB BLKS 3-5 EX SW BLK 6 IN KETTLESTRINGS ADD

Ownership

  • Current Owner : LEWIS DAVID D
  • Current Owner 2: LEWIS DAKISHA N
  • Previous Owner : BANK OF AMERICA NATIONAL ASSOCIATION
  • Owner Before Previous Owner: ZINSER ROGER A
  • Owner Before Previous Owner 2: BURNS ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812302

Geography

  • District: 27
  • Parcel: 16-07-102-007-0000
  • Block: 3-6
  • Lot: 11,12
  • Meridian: SEC 07 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.894
  • Longitude: -87.8016

    Address

  • Full Address: 1023 Chicago Ave
  • Address - House Number: 1023
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C034
  • 4-Digit Zip Code: 1801
  • Zip Code: 60302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,357
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 839,013
  • High Value: 1,029,111
  • Low Value: 648,914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $549,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Jul 02, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $549,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $910,000
  • Market Land Value: $128,100
  • Market Improvement Value: $781,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,000
  • Assessed Land Value: $12,810
  • Assessed Improvements Value: $78,190

    Sales

  • Current Sale Contract Date: Jun 28, 2018
  • Current Sale Recording Date: Jul 02, 2018
  • Current Sale Transaction ID: 11477001672
  • Current Sale Price: $549,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1818349514
  • Previous Sale Recording Date: Apr 21, 2003
  • Previous Sale Contract Date: Mar 20, 2003
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Jul 02, 2018
  • First Mortgage Loan Amount: $549,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE CO
  • Previous Mortgage Transaction Date: Apr 21, 2003
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2033

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Frequently Asked Questions

What neighborhood is 1023 Chicago Avenue located in?
The 1023 Chicago Avenue is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 1023 Chicago Avenue?
The average sales price for units in 1023 Chicago Avenue is $0 currently.

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