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1215 Chicago Street

1215 Chicago Street, Mendota, IL 61342
Property in Mendota
Sold Oct 27, 2020
$125,000
$111,823 by Inland Bank & Trust
Mortgage
Sold Dec 31, 2013
$70,000
$60,000 by First State Bank
Mortgage Due Jan 01, 2044
1215 Chicago Street in Mendota, IL was first built in 1947 and is 77 years old. This has been categorized as a residential property type. 1215 Chicago Street has 993 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 19,602 square feet.

Learn more about the property and building on this page. 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, 1215 Chicago Street sold most recently in Oct 26, 2020 for a total of $125,000. If you work out the math, that's approximately a cost of $125.88 per sqft. Before that, the property was also sold for $70,000 in Dec 2, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,716 in taxes each year. 1215 Chicago Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $36,326. If we break it down further, the land itself was valued at $7,479. Improvements to the property, however, were assessed at a total of $28,847. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 993
  • Gross Building Area: 993
  • Building Area: 993
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 993
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FABERS SUB OF BLK 12
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: FABERS SUB BLKS 11 & 12, LTS 7 & 8 BLK 12 SEC 33-36-1

Ownership

  • Current Owner : MENDEZ IRMA
  • Previous Owner : SCHMIDT PETER L
  • Previous Owner 2: SCHMIDT CADY E
  • Owner Before Previous Owner: PILLER DUANE
  • Owner Before Previous Owner 2: PILLER DENNIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 961900

Geography

  • District: MD
  • Parcel: 01-33-111-018
  • Block: 11&12
  • Lot: 7-8
  • Meridian: SEC 33 TWN 36 RNG 01
  • Municipality: MENDOTA TOWNSHIP
  • Latitude: 41.5526
  • Longitude: -89.1266

    Address

  • Full Address: 1215 Chicago St
  • Address - House Number: 1215
  • Address - Street Name: Chicago
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mendota
  • Carrier Code: C001
  • 4-Digit Zip Code: 1511
  • Zip Code: 61342

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,716
  • Tax Rate Code Area: MD002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 118,162
  • High Value: 134,249
  • Low Value: 102,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,823
  • First Open Lien Mortgage Lender: INLAND BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $111,823
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $108,978
  • Market Land Value: $22,437
  • Market Improvement Value: $86,541

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,326
  • Assessed Land Value: $7,479
  • Assessed Improvements Value: $28,847

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11796215077
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-16674
  • Previous Sale Recording Date: Dec 31, 2013
  • Previous Sale Contract Date: Dec 02, 2013
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLAND BANK & TRUST
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $111,823
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: FIRST STATE BANK
  • Previous Mortgage Transaction Date: Dec 31, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2044

About Mendota



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Frequently Asked Questions

What neighborhood is 1215 Chicago Street located in?
The 1215 Chicago Street is a located in the neighborhood of Mendota in Mendota, Mendota.
What is the average sales price for listings in 1215 Chicago Street?
The average sales price for units in 1215 Chicago Street is $0 currently.

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