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1220 West Hubbard Street

1220 West Hubbard Street, Chicago, IL 60642
Property in Fulton Market
Sold Jul 27, 2016
$800,000
$574,000 by Bmo Harris Bank Na
Mortgage Due Dec 01, 2051
Sold Oct 06, 2003
$390,000
$312,000 by Abn Amro Mortgage Group Inc
Mortgage Due Oct 01, 2010
1220 West Hubbard Street in Chicago, IL was first built in 1892 and is 132 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. There are a total of 3 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 2 full bathrooms. There are 2 partial bathrooms. 1220 West Hubbard Street has 2,357 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 1,410. In total, the area measurement of the land is 3,384 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. 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 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 hot water 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, 1220 West Hubbard Street was last sold in Jul 9, 2016 for $800,000. According to our calculations, that's $339.41 per sqft. Prior to that sales transaction, the property was sold for $390,000 in Sep 25, 2003. Current property owners are expected to pay $13,552 in taxes per year. The property on 1220 West Hubbard Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $69,306. To break that down further, the land itself was valued at $20,304. While improvements to the property were assessed at a total of $49,002. 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: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,384
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,357
  • Gross Building Area: 2,357
  • Building Area: 2,357
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,357
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF BLKS2-3 IN SUB OF LT E
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF BLKS2-3 IN SUB OF LT E OF CIRCUIT COURT PARTN OF NW SEC 08-39-14

Ownership

  • Current Owner : MADAY TERRENCE
  • Current Owner 2: MADAY EILEEN
  • Previous Owner : MONTGOMERY KIP
  • Previous Owner 2: MONTGOMERY KEVIN
  • Owner Before Previous Owner: FRANCESCHI RENO
  • Owner Before Previous Owner 2: FRANCESCHI VIRGINIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243400

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-134-022-0000
  • Block: 2,3
  • Lot: 17
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8904
  • Longitude: -87.6582

    Address

  • Full Address: 1220 W Hubbard St
  • Address - House Number: 1220
  • Street Direction: W
  • Address - Street Name: Hubbard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C033
  • 4-Digit Zip Code: 6401
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,552
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 1,089,726
  • High Value: 1,372,495
  • Low Value: 806,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $574,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $574,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $693,060
  • Market Land Value: $203,040
  • Market Improvement Value: $490,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,306
  • Assessed Land Value: $20,304
  • Assessed Improvements Value: $49,002

    Sales

  • Current Sale Contract Date: Jul 09, 2016
  • Current Sale Recording Date: Jul 27, 2016
  • Current Sale Transaction ID: 1680398110
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1620913006
  • Previous Sale Recording Date: Oct 06, 2003
  • Previous Sale Contract Date: Sep 25, 2003
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Jul 27, 2016
  • First Mortgage Loan Amount: $640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Oct 06, 2003
  • Previous Mortgage Loan Amount: $312,000
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Oct 01, 2010

About West Side



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Frequently Asked Questions

What neighborhood is 1220 West Hubbard Street located in?
The 1220 West Hubbard Street is a located in the neighborhood of Fulton Market in West Side, Chicago.
What is the average sales price for listings in 1220 West Hubbard Street?
The average sales price for units in 1220 West Hubbard Street is $0 currently.

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