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1127 East 47th Street

1127 East 47th Street, Chicago, IL 60653
Property in Kenwood
Refi Dec 26, 2018
Transfer
$2,607,979 by Greenwood Park Llc
Mortgage
1127 East 47th Street 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 1971 and is 53 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 17,550 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. 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 $7,585 in taxes per year. The property on 1127 East 47th Street was last assessed in 2017. As a result of that assessment, the total value of the property was placed at $35,236. To break that down further, the land itself was valued at $13,162. While improvements to the property were assessed at a total of $22,074. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,550
  • 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: LYMAN LARNED & WOODBRIDGES
  • Land Acres: 0.403
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (LYMAN) (LARNED) & (WOODBRIDGES) SUB OF EH NW & NW NE OF SEC 11 & PLAT OF PT LYING W OF I C RR OF SE SEC 02-38-14

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 390500

Geography

  • Assessors Map Reference: 20-11-NW (C&D)
  • District: 70
  • Parcel: 20-11-104-007
  • Meridian: SEC 02 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.8092
  • Longitude: -87.5982

    Address

  • Full Address: 1127 E 47th St
  • Address - House Number: 1127
  • Street Direction: E
  • Address - Street Name: 47th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 4451
  • Zip Code: 60653

Valuation

    Tax

  • Tax Year: 2017
  • Tax Amount: $7,585
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Jan 15, 2020
  • Confidence Score: 73
  • Final Value: 502,338
  • High Value: 567,830
  • Low Value: 436,845

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,396,300
  • First Open Lien Mortgage Lender: GREENWOOD PARK LLC
  • First Open Lien Mortgage Recording Date: Dec 26, 2018
  • First Open Lien Mortgage Loan Amount: $2,607,979
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: POAH GREENWOOD PARK LLC
  • Second Open Lien Mortgage Recording Date: Dec 26, 2018
  • Second Open Lien Mortgage Loan Amount: $788,321
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $352,360
  • Market Land Value: $131,620
  • Market Improvement Value: $220,740

    Assessments Valuation

  • Assessed Year: 2017
  • Assessed Total Value: $35,236
  • Assessed Land Value: $13,162
  • Assessed Improvements Value: $22,074

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Frequently Asked Questions

What neighborhood is 1127 East 47th Street located in?
The 1127 East 47th Street is a located in the neighborhood of Kenwood in South Side, Chicago.
What is the average sales price for listings in 1127 East 47th Street?
The average sales price for units in 1127 East 47th Street is $0 currently.

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