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1168 South Elmwood Avenue

1168 South Elmwood Avenue, Oak Park, IL 60304
Property in Oak Park
Sold Aug 14, 2015
$313,000
$303,610 by Key Mortgage Services Inc
Mortgage Due Aug 01, 2045
Sold Oct 13, 2005
$345,000
$276,000 by Mortgage Services Illinois Llc
Mortgage Due Oct 01, 2035
1168 South Elmwood Avenue in Oak Park, IL was first built in 1921 and is 103 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 unknown style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1168 South Elmwood Avenue has 840 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 3,780 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 frame 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 wood. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1168 South Elmwood Avenue sold most recently in Aug 3, 2015 for a total of $313,000. If you work out the math, that's approximately a cost of $372.62 per sqft. Before that, the property was also sold for $345,000 in Sep 27, 2005. 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 $9,431 in taxes each year. 1168 South Elmwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,000. If we break it down further, the land itself was valued at $5,292. Improvements to the property, however, were assessed at a total of $25,708. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IGANDS SUB
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF LTS 1-18 29-46 BLK 4 OF JULIA A WE IGANDS SUB OF BLKS 2 & 4 IN SUB SE LT 6 IN B F JERVIS SUB EX WH SW SEC

Ownership

  • Current Owner : BURGER RACHEL
  • Previous Owner : KLEIN KEVIN S
  • Previous Owner 2: KLEIN HILARY T
  • Owner Before Previous Owner: US BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 813100

Geography

  • District: 27
  • Parcel: 16-18-429-009-0000
  • Block: 2,4
  • Lot: 1-18
  • Meridian: SEC 18 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8663
  • Longitude: -87.7849

    Address

  • Full Address: 1168 S Elmwood Ave
  • Address - House Number: 1168
  • Street Direction: S
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C074
  • 4-Digit Zip Code: 2147
  • Zip Code: 60304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,431
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 383,452
  • High Value: 471,337
  • Low Value: 295,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,610
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Aug 14, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $303,610
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $52,920
  • Market Improvement Value: $257,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $5,292
  • Assessed Improvements Value: $25,708

    Sales

  • Current Sale Contract Date: Aug 03, 2015
  • Current Sale Recording Date: Aug 14, 2015
  • Current Sale Transaction ID: 1255834684
  • Current Sale Price: $313,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1522633004
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Contract Date: Sep 27, 2005
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Aug 14, 2015
  • First Mortgage Loan Amount: $303,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SERVICES ILLINOIS LLC
  • Previous Mortgage Transaction Date: Oct 13, 2005
  • Previous Mortgage Loan Amount: $276,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Oak Park



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Frequently Asked Questions

What neighborhood is 1168 South Elmwood Avenue located in?
The 1168 South Elmwood Avenue is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 1168 South Elmwood Avenue?
The average sales price for units in 1168 South Elmwood Avenue is $0 currently.

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