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1231 North Waller Avenue

1231 North Waller Avenue, Chicago, IL 60651
Sold Oct 27, 2023
$320,000
$314,204 by United Wholesale Mortgage Llc
Mortgage Due Nov 01, 2053
Sold Apr 17, 2020
$90,000
$166,500 by Brian Lieu
Mortgage
1231 North Waller Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1231 North Waller Avenue has 1,080 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 330 ft and across the front of the lot is 1,240 ft. The area measurement of the land has been determined as 4,092 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal 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, 1231 North Waller Avenue was last sold in Apr 24, 2023 for $320,000. According to our calculations, that's $296.30 per sqft. Prior to that sales transaction, the property was sold for $90,000 in Mar 20, 2020. Current property owners are expected to pay $3,291 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1231 North Waller Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,000. To break that down further, the land itself was valued at $4,092. While improvements to the property were assessed at a total of $11,908. 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. 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.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.

Building Features

Exterior

Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 1

    Dimensions

  • Lot Size Square Feet: 4,092
  • Lot Size Depth Feet: 330
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TODDS SUB
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (TODDS) SUB OF S1/4 OF EH NE SEC 05-39-13

Ownership

  • Current Owner : PENUELA JOHNNATHANN IRGUN RODRIG
  • Previous Owner : DA MANAGEMENT LLC
  • Owner Before Previous Owner: DAVENPORT INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 250600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 021-121-05
  • District: 77
  • Parcel: 16-05-230-009-0000
  • Lot: 18
  • Meridian: SEC 05 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9031
  • Longitude: -87.7678

    Address

  • Full Address: 1231 N Waller Ave
  • Address - House Number: 1231
  • Street Direction: N
  • Address - Street Name: Waller
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 1150
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,291
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 291,937
  • High Value: 321,454
  • Low Value: 262,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $314,204
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 27, 2023
  • First Open Lien Mortgage Loan Amount: $314,204
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $40,920
  • Market Improvement Value: $119,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $4,092
  • Assessed Improvements Value: $11,908

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Oct 27, 2023
  • Current Sale Transaction ID: 11915183261
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29050
  • Previous Sale Recording Date: Apr 17, 2020
  • Previous Sale Contract Date: Mar 20, 2020
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 27, 2023
  • First Mortgage Loan Amount: $314,204
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BRIAN LIEU
  • Previous Mortgage Transaction Date: Apr 17, 2020
  • Previous Mortgage Loan Amount: $166,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon

About Northwest Side



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Nearby Rentals

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  • 2 Baths
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Frequently Asked Questions

What neighborhood is 1231 North Waller Avenue located in?
The 1231 North Waller Avenue is a house located in the neighborhood of North Austin in Northwest Side, Chicago.
What is the average sales price for listings in 1231 North Waller Avenue?
The average sales price for units in 1231 North Waller Avenue is $89,900 , or $83/sqft. currently.

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