Sold Dec 15, 2023
$500,000
Buyer
Seller
Sold Mar 13, 1997
$360,000
Seller
$172,255
by The Northern Trust Company
Mortgage Due Apr 01, 2002
1205 North Milwaukee Avenue in Chicago, IL was first built in 1940 and is 84 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 7 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 3 partial bathrooms.
1205 North Milwaukee Avenue has 5,760 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.
The linear feet across the front of the lot is 240 ft and the linear feet between the front and back of the lot is 1,200.
In total, the area measurement of the land is 2,898 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 no garage. 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 central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1205 North Milwaukee Avenue was last sold in Dec 12, 2023 for $500,000. According to our calculations, that's $86.81 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Mar 7, 1997. Current property owners are expected to pay $18,362 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1205 North Milwaukee Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $90,252. To break that down further, the land itself was valued at $17,388. While improvements to the property were assessed at a total of $72,864. 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.
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 no garage. 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 central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1205 North Milwaukee Avenue was last sold in Dec 12, 2023 for $500,000. According to our calculations, that's $86.81 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Mar 7, 1997. Current property owners are expected to pay $18,362 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1205 North Milwaukee Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $90,252. To break that down further, the land itself was valued at $17,388. While improvements to the property were assessed at a total of $72,864. 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.