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1025 North Marshfield Avenue

1025 North Marshfield Avenue, Chicago, IL 60622
Sold Oct 22, 2020
$1,300,000
$795,000 by American Financial Network Inc
Mortgage Due Mar 01, 2051
Sold Oct 09, 2018
$850,000
Local assessors in Chicago, IL have categorized 1025 North Marshfield Avenue as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 3,250 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 16 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 6 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1025 North Marshfield Avenue has a total of 5,911 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jul 6, 2020 for $1,300,000. That's $219.93 per sqft. Prior to that sales transaction, the property was also sold in Aug 3, 2018 for $850,000. 1025 North Marshfield Avenue was last assessed in 2022. The total value of the property was assessed at $110,647. Specifically, the land the property is located on was valued at $22,750. While improvements on the property were assessed at a total of $87,897. 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 $22,758. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • 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
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,250
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 250
  • Total Building Area: 5,911
  • Gross Building Area: 5,911
  • Building Area: 5,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOHNSTONS SUB
  • Land Acres: 0.075
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF BLK9 IN JOHNSTONS SUB OF EH SE SEC 06-39-14

Ownership

  • Current Owner : LOGIUDICE KEVIN B
  • Previous Owner : AMP REALTY LLC
  • Owner Before Previous Owner: RALKO LARISSA
  • Owner Before Previous Owner 2: RALKO LARISA

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 005-116-02
  • District: 77
  • Parcel: 17-06-420-008-0000
  • Block: 9
  • Lot: 22
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9005
  • Longitude: -87.6683

    Address

  • Full Address: 1025 N Marshfield Ave
  • Address - House Number: 1025
  • Street Direction: N
  • Address - Street Name: Marshfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C071
  • 4-Digit Zip Code: 3955
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,758
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $795,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $795,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $1,106,470
  • Market Land Value: $227,500
  • Market Improvement Value: $878,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,647
  • Assessed Land Value: $22,750
  • Assessed Improvements Value: $87,897

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793761286
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029607476
  • Previous Sale Recording Date: Oct 09, 2018
  • Previous Sale Contract Date: Aug 03, 2018
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Northwest Side



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Nearby Rentals

Unit for rent at

$3,350 /mo

  • 5 Beds
  • 3.5 Baths
  • 3,497 ft²
Listing by Samantha Lloyd
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1025 North Marshfield Avenue located in?
The 1025 North Marshfield Avenue is a located in the neighborhood of East Ukrainian Village in Northwest Side, Chicago.
What is the average sales price for listings in 1025 North Marshfield Avenue?
The average sales price for units in 1025 North Marshfield Avenue is $0 currently.

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