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1036 North Marshfield Avenue

1036 North Marshfield Avenue, Chicago, IL 60622
Sold Oct 04, 2021
$1,075,000
$1,000,000 by Republic Bank Of Chicago
Mortgage Due Feb 03, 2025
Sold Nov 07, 1995
$262,500
$10,000 by Lasalle Northwest National Ban
Mortgage
1036 North Marshfield Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. The home has a total of 28 rooms. 12 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1036 North Marshfield Avenue has 6,615 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 no garage for those who require parking. 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 masonry 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 tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Sep 28, 2021 for $1,075,000. That's $162.51 per sqft. Prior to that sales transaction, the property was also sold in Aug 29, 1995 for $262,500. 1036 North Marshfield Avenue was last assessed in 2023. The total value of the property was assessed at $107,501. Specifically, the land the property is located on was valued at $22,750. While improvements on the property were assessed at a total of $84,751. 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 $22,111. The initial tax year of delinquency was in 2021. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1900
  • Effective Year Built: 1900
  • Building Count: 2
  • Total Rooms: 28
  • Bedroom Count: 12
  • 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: 2
  • Business/Commerical Units Count: 31
  • Basement Type: Unfinished 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: 6,615
  • Gross Building Area: 6,615
  • Building Area: 6,615
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,615
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNSTONS SUB
  • Land Acres: 0.075
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (RESUBDIVISION) OF BLKS10,13-16 IN JOHNSTONS SUB OF E H SE SEC 06-39-14

Ownership

  • Current Owner : CHURCHFIELD INVESTMENTS LLC
  • Previous Owner : HUGHES MICHAEL N
  • Owner Before Previous Owner: ACREE KEITH
  • Owner Before Previous Owner 2: ELLIOTT DAVID
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 005-116-01
  • District: 77
  • Parcel: 17-06-419-015-0000
  • Block: 10
  • Lot: 3
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9008
  • Longitude: -87.669

    Address

  • Full Address: 1036 N Marshfield Ave
  • Address - House Number: 1036
  • Street Direction: N
  • Address - Street Name: Marshfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C071
  • 4-Digit Zip Code: 3826
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,111
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 788,580
  • High Value: 990,077
  • Low Value: 587,082

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: REPUBLIC BANK OF CHICAGO
  • First Open Lien Mortgage Recording Date: Feb 10, 2022
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 03, 2025

    Market Valuation

  • Market Total Value: $1,075,010
  • Market Land Value: $227,500
  • Market Improvement Value: $847,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,501
  • Assessed Land Value: $22,750
  • Assessed Improvements Value: $84,751

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11859017122
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127746094
  • Previous Sale Recording Date: Nov 07, 1995
  • Previous Sale Contract Date: Aug 29, 1995
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIGNATURE BANK
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $876,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: LASALLE NORTHWEST NATIONAL BAN
  • Previous Mortgage Transaction Date: Nov 07, 1995
  • Previous Mortgage Loan Amount: $10,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1036 North Marshfield Avenue located in?
The 1036 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 1036 North Marshfield Avenue?
The average sales price for units in 1036 North Marshfield Avenue is $0 currently.

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