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1140 North Wolcott Avenue

1140 North Wolcott Avenue, Chicago, IL 60622
Sold Oct 22, 2020
$825,000
Sold Jan 21, 2004
$560,000
$447,920 by Corley Financial Corp
Mortgage Due Dec 01, 2033
1140 North Wolcott Avenue in Chicago, IL was first built in 1896 and is 128 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 multifamily style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1140 North Wolcott Avenue has 3,018 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Sep 1, 2020 for $825,000. That's $273.36 per sqft. Prior to that sales transaction, the property was also sold in Nov 25, 2003 for $560,000. 1140 North Wolcott Avenue was last assessed in 2023. The total value of the property was assessed at $74,388. Specifically, the land the property is located on was valued at $21,875. While improvements on the property were assessed at a total of $52,513. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,300. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
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: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Total Building Area: 3,018
  • Gross Building Area: 3,018
  • Building Area: 3,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRAMS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CRAMS) SUB OF LTS1-2 BLK2 OF COCHRAN & OTHERS SUB OF WH SE SEC 06-39-14

Ownership

  • Current Owner : CONFORTI ROBERT
  • Current Owner 2: CONFORTI ANA
  • Previous Owner : HOYNE INVESTMENTS LLC
  • Owner Before Previous Owner: ZIMIANITIS ELIAS
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 005-103-02
  • District: 77
  • Parcel: 17-06-401-029-0000
  • Block: 2
  • Lot: 1,2
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9026
  • Longitude: -87.6753

    Address

  • Full Address: 1140 N Wolcott Ave
  • Address - House Number: 1140
  • Street Direction: N
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C044
  • 4-Digit Zip Code: 4194
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,300
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 625,869
  • High Value: 785,790
  • Low Value: 465,947

    Market Valuation

  • Market Total Value: $743,880
  • Market Land Value: $218,750
  • Market Improvement Value: $525,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,388
  • Assessed Land Value: $21,875
  • Assessed Improvements Value: $52,513

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793761283
  • Current Sale Price: $825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029617021
  • Previous Sale Recording Date: Jan 21, 2004
  • Previous Sale Contract Date: Nov 25, 2003
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $618,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CORLEY FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jan 21, 2004
  • Previous Mortgage Loan Amount: $447,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2033

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Frequently Asked Questions

What neighborhood is 1140 North Wolcott Avenue located in?
The 1140 North Wolcott Avenue is a multifamily located in the neighborhood of East Ukrainian Village in Northwest Side, Chicago.
What is the average sales price for listings in 1140 North Wolcott Avenue?
The average sales price for units in 1140 North Wolcott Avenue is $0 currently.

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