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1205 North Milwaukee Avenue

1205 North Milwaukee Avenue, Chicago, IL 60642
Property in Noble Square
Sold Dec 15, 2023
$500,000
Sold Mar 13, 1997
$360,000
$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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,898
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 240
  • Total Building Area: 5,760
  • Gross Building Area: 5,760
  • Building Area: 5,760
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES
  • Land Acres: 0.067
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: PART S05 T39N R14E 3P

Ownership

  • Current Owner : 1205 MILWAUKEE LLC
  • Previous Owner : LEE JIN HWI
  • Owner Before Previous Owner: MENERT EWA
  • Owner Before Previous Owner 2: MENERT EVA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241600

Zoning

  • Zoning: B1-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-05-115-085-0000
  • Block: 12
  • Lot: 71
  • Municipality: WEST CHICAGO
  • Latitude: 41.9037
  • Longitude: -87.6665

    Address

  • Full Address: 1205 N Milwaukee Ave
  • Address - House Number: 1205
  • Street Direction: N
  • Address - Street Name: Milwaukee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 2216
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,362
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77068

    Market Valuation

  • Market Total Value: $902,520
  • Market Land Value: $173,880
  • Market Improvement Value: $728,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,252
  • Assessed Land Value: $17,388
  • Assessed Improvements Value: $72,864

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Transaction ID: 11917936205
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6440
  • Previous Sale Recording Date: Mar 13, 1997
  • Previous Sale Contract Date: Mar 07, 1997
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN TRUST COMPANY
  • Previous Mortgage Transaction Date: Mar 13, 1997
  • Previous Mortgage Loan Amount: $172,255
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2002

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1205 North Milwaukee Avenue located in?
The 1205 North Milwaukee Avenue is a located in the neighborhood of Noble Square in Northwest Side, Chicago.
What is the average sales price for listings in 1205 North Milwaukee Avenue?
The average sales price for units in 1205 North Milwaukee Avenue is $0 currently.

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