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1107 West Washington Boulevard

1107 West Washington Boulevard, Chicago, IL 60607
Property in Near West Side
Sold Feb 03, 2022
Transfer
$1,683,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2049
Sold Jan 22, 2021
$2,500,000
$1,750,000 by Crosscountry Mortgage Llc
Mortgage Due Feb 01, 2051
1107 West Washington Boulevard has been categorized by the local assessors in Chicago, IL as a residential type of property. The area measurement of the land has been determined as 2,100 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $2,500,000 in Jan 20, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,748 in taxes each year. 1107 West Washington Boulevard was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $73,162. If we break it down further, the land itself was valued at $7,140. Improvements to the property, however, were assessed at a total of $66,022. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COOKS SUB
  • Land Acres: 0.048
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: C W (COOKS) SUB OF LTS1-5 IN BLK48 OF CARPENTERS ADD TO CHICAGO IN SE SEC 08-39-14

Ownership

  • Current Owner : GARNETT TIMOTHY J
  • Current Owner 2: TIMOTHY J GARNETT REVOCABLE TRUST
  • Previous Owner : GARNETT TIM
  • Previous Owner 2: SLAYMAKER PETER
  • Owner Before Previous Owner: CLAES RICHARD
  • Owner Before Previous Owner 2: SANDERSON TRACI
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 833000

Geography

  • District: 77
  • Parcel: 17-08-444-006
  • Block: 48
  • Lot: 1-5
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8828
  • Longitude: -87.6548

    Address

  • Full Address: 1107 W Washington Blvd
  • Address - House Number: 1107
  • Street Direction: W
  • Address - Street Name: Washington
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C042
  • 4-Digit Zip Code: 2019
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $14,748
  • Tax Rate Code Area: 77100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,683,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,683,000
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $731,620
  • Market Land Value: $71,400
  • Market Improvement Value: $660,220

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $73,162
  • Assessed Land Value: $7,140
  • Assessed Improvements Value: $66,022

    Sales

  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11887629538
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2203415022
  • Previous Sale Recording Date: Jan 22, 2021
  • Previous Sale Contract Date: Jan 20, 2021
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 22, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,750,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2051

About West Side



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Nearby Rentals

Unit for rent at

$4,125 /mo

  • Loft
  • 2 Baths
Unit for rent at

$3,950 /mo

  • Loft
  • 2 Baths
Unit for rent at

$8,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,937 ft²
Listing by Kathleen Malone
Unit for rent at

$7,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,300 ft²
Listing by Michael Decker
Unit for rent at

$7,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,896 ft²
Listing by Krysta Jaeckels
Unit for rent at

$1,300 /mo

  • Loft
  • 2 Baths
  • 95 ft²
Unit for rent at

$1,150 /mo

  • Loft
  • 1 Bath
  • 62 ft²

Frequently Asked Questions

What neighborhood is 1107 West Washington Boulevard located in?
The 1107 West Washington Boulevard is a located in the neighborhood of Near West Side in West Side, Chicago.
What is the average sales price for listings in 1107 West Washington Boulevard?
The average sales price for units in 1107 West Washington Boulevard is $0 currently.

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