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1030 North Ashland Avenue

1030 North Ashland Avenue, Chicago, IL 60622
Sold Jun 21, 2016
$1,700,000
Sold Dec 13, 2007
$950,000
$1,150,000 by Broadway Bank
Mortgage Due Dec 04, 2012
1030 North Ashland Avenue in Chicago, IL was first built in 1900 and is 124 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 21 rooms in the home, of which, 10 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 1030 North Ashland Avenue has 8,477 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 7,440 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 air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1030 North Ashland Avenue sold most recently in May 25, 2016 for a total of $1,700,000. If you work out the math, that's approximately a cost of $200.54 per sqft. Before that, the property was also sold for $950,000 in Nov 28, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $35,122 in taxes each year. 1030 North Ashland Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $164,000. If we break it down further, the land itself was valued at $52,080. Improvements to the property, however, were assessed at a total of $111,920. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 21
  • Bedroom Count: 10
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 8,477
  • Gross Building Area: 8,477
  • Building Area: 8,477
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 8,477
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF BLK9 IN JOHNSTONS SUB O
  • Land Acres: 0.171
  • Standard Land Use Code: Misc Residential improvement

Ownership

  • Current Owner : KIM MYUNG SEOK
  • Previous Owner : 1030 N ASHLAND LLC
  • Owner Before Previous Owner: STANDARD BANK & TRUST CO

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242300

Zoning

  • Zoning: B1-2

Geography

  • Assessors Map Reference: 005-116-02
  • District: 77
  • Parcel: 17-06-420-020-0000
  • Block: 9
  • Lot: 13-15
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9007
  • Longitude: -87.6677

    Address

  • Full Address: 1030 N Ashland Ave
  • Address - House Number: 1030
  • Street Direction: N
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,122
  • Tax Rate Code Area: 77062

    Market Valuation

  • Market Total Value: $1,640,000
  • Market Land Value: $520,800
  • Market Improvement Value: $1,119,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,000
  • Assessed Land Value: $52,080
  • Assessed Improvements Value: $111,920

    Sales

  • Current Sale Contract Date: May 25, 2016
  • Current Sale Recording Date: Jun 21, 2016
  • Current Sale Transaction ID: 1625150420
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1617341010
  • Previous Sale Recording Date: Dec 13, 2007
  • Previous Sale Contract Date: Nov 28, 2007
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: BROADWAY BANK
  • Previous Mortgage Transaction Date: Dec 13, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,150,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 04, 2012

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1030 North Ashland Avenue located in?
The 1030 North Ashland Avenue is a located in the neighborhood of East Ukrainian Village in Northwest Side, Chicago.
What is the average sales price for listings in 1030 North Ashland Avenue?
The average sales price for units in 1030 North Ashland Avenue is $0 currently.

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