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1041 North California Avenue

1041 North California Avenue, Chicago, IL 60622
Commercial in Humboldt Park
Sold Mar 26, 2021
$760,000
$579,415 by Solutions Financial Mortgage C
Mortgage Due Jan 01, 2051
Sold Apr 10, 2014
$350,000
Local assessors in Chicago, IL have categorized 1041 North California Avenue as a residential type of property. The home was built in 1903 and is 121 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 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 18 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 3 full bathrooms. There are also 4 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 1041 North California Avenue has a total of 5,259 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. 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 air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 1041 North California Avenue sold most recently in Dec 4, 2020 for a total of $760,000. If you work out the math, that's approximately a cost of $144.51 per sqft. Before that, the property was also sold for $350,000 in Mar 20, 2013. 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 $15,545 in taxes each year. 1041 North California Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $79,001. If we break it down further, the land itself was valued at $14,063. Improvements to the property, however, were assessed at a total of $64,938. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • 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
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 5,259
  • Gross Building Area: 5,259
  • Building Area: 5,259
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,259
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATRISS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (WATRISS) SUB OF SH NW SE SEC 01-39-13

Ownership

  • Current Owner : MURRAY RUPERT ALVIN GEORGE
  • Current Owner 2: ROSENBERG MAREIR E
  • Previous Owner : HILHAVEN LLC
  • Owner Before Previous Owner: FIRSTMERIT BANK NA
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242600

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-408-008-0000
  • Block: 1
  • Lot: 26
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9005
  • Longitude: -87.6964

    Address

  • Full Address: 1041 N California Ave
  • Address - House Number: 1041
  • Street Direction: N
  • Address - Street Name: California
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 5827
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,545
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $579,415
  • First Open Lien Mortgage Lender: SOLUTIONS FINANCIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $579,415
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $790,010
  • Market Land Value: $140,630
  • Market Improvement Value: $649,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,001
  • Assessed Land Value: $14,063
  • Assessed Improvements Value: $64,938

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11827294189
  • Current Sale Price: $760,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2108528048
  • Previous Sale Recording Date: Apr 10, 2014
  • Previous Sale Contract Date: Mar 20, 2013
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOLUTIONS FINANCIAL MORTGAGE C
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $579,415
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1041 North California Avenue located in?
The 1041 North California Avenue is a commercial located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 1041 North California Avenue?
The average sales price for units in 1041 North California Avenue is $0 currently.

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