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1118 West Fulton Market

1118 West Fulton Market, Chicago, IL 60607
Property in Fulton Market
Refi Jul 15, 2021
Transfer
Owner
$387,000 by First Centennial Mortgage Corp
Mortgage Due Apr 01, 2051
1118 West Fulton Market in Chicago, IL was first built in 1922 and is 102 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 condo style. In total, the area measurement of the land is 7,600 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as average. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $26,395 in taxes per year. The property on 1118 West Fulton Market was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $131,316. To break that down further, the land itself was valued at $3,129. While improvements to the property were assessed at a total of $128,187. 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. 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!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: 1922
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Style: Condo
  • Living Units: 22
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,600
  • 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: FULTON STREET LOFTS CONDO
  • Land Acres: 0.175
  • Standard Land Use Code: Condominium unit (residential)

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 833100

Zoning

  • Zoning: C1-1

Geography

  • District: 77
  • Parcel: 17-08-409-010-1042
  • Municipality: WEST CHICAGO
  • Latitude: 41.8869
  • Longitude: -87.6554

    Address

  • Full Address: 1118 W Fulton St Ru505
  • Address - House Number: 1118
  • Street Direction: W
  • Address - Street Name: Fulton St Ru505
  • State: IL
  • City Name: Chicago
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,395
  • Tax Rate Code Area: 77106

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 823,667
  • High Value: 975,348
  • Low Value: 671,986

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,000
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $387,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $1,313,160
  • Market Land Value: $31,290
  • Market Improvement Value: $1,281,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,316
  • Assessed Land Value: $3,129
  • Assessed Improvements Value: $128,187

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Frequently Asked Questions

What neighborhood is 1118 West Fulton Market located in?
The 1118 West Fulton Market is a located in the neighborhood of Fulton Market in West Side, Chicago.
What is the average sales price for listings in 1118 West Fulton Market?
The average sales price for units in 1118 West Fulton Market is $0 currently.

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