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1063 North Hermitage Avenue

1063 North Hermitage Avenue, Chicago, IL 60622
Sold Dec 03, 2014
$749,000
$272,000 by The Huntington National Bank
Mortgage Due Sep 01, 2049
Sold Sep 23, 2014
$522,000
$435,000 by Banco Popular North America
Mortgage Due Jul 22, 2019
1063 North Hermitage 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 1896 and is 128 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1063 North Hermitage Avenue has 2,423 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 3,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 is one available parking space. 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 masonry. 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. 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, 1063 North Hermitage Avenue was last sold in Oct 22, 2014 for $749,000. According to our calculations, that's $309.12 per sqft. Prior to that sales transaction, the property was sold for $522,000 in Jul 15, 2014. Current property owners are expected to pay $16,368 in taxes per year. The property on 1063 North Hermitage Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $83,000. To break that down further, the land itself was valued at $22,400. While improvements to the property were assessed at a total of $60,600. 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. 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!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: 1896
  • Effective Year Built: 1896
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 2,423
  • Gross Building Area: 2,423
  • Building Area: 2,423
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,423
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNSTONS
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E2SE4 S06 T39N R14E 3P

Ownership

  • Current Owner : ANDRONACHE CHRISTINA
  • Current Owner 2: MORRIS KAREN
  • Previous Owner : 1059 & 1065 HERMITAGE LLC
  • Owner Before Previous Owner: GOODSELL TIMOTHY G
  • Owner Before Previous Owner 2: GOODSELL NANCY G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 005-105-04
  • District: 77
  • Parcel: 17-06-410-040-0000
  • Block: 6
  • Lot: 11
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9014
  • Longitude: -87.6708

    Address

  • Full Address: 1063 N Hermitage Ave
  • Address - House Number: 1063
  • Street Direction: N
  • Address - Street Name: Hermitage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C072
  • 4-Digit Zip Code: 3257
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,368
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2661
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 1,322,001
  • High Value: 1,673,837
  • Low Value: 970,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,000
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 14, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $272,000
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $830,000
  • Market Land Value: $224,000
  • Market Improvement Value: $606,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000
  • Assessed Land Value: $22,400
  • Assessed Improvements Value: $60,600

    Sales

  • Current Sale Contract Date: Oct 22, 2014
  • Current Sale Recording Date: Dec 03, 2014
  • Current Sale Transaction ID: 1074054950
  • Current Sale Price: $749,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1433701033
  • Previous Sale Recording Date: Sep 23, 2014
  • Previous Sale Contract Date: Jul 15, 2014
  • Previous Sale Amount: $522,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE ANDERSON FINANCIAL GROUP I
  • First Mortgage Transaction Date: Dec 03, 2014
  • First Mortgage Loan Amount: $599,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANCO POPULAR NORTH AMERICA
  • Previous Mortgage Transaction Date: Sep 23, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $435,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 22, 2019

About Northwest Side



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$850 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Christopher G. Raad

Frequently Asked Questions

What neighborhood is 1063 North Hermitage Avenue located in?
The 1063 North Hermitage Avenue is a located in the neighborhood of East Ukrainian Village in Northwest Side, Chicago.
What is the average sales price for listings in 1063 North Hermitage Avenue?
The average sales price for units in 1063 North Hermitage Avenue is $0 currently.

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