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1243 West Barry Avenue

1243 West Barry Avenue, Chicago, IL 60657
Property in Lakeview
Sold Apr 29, 2020
$1,060,000
$901,000 by Us Bank Na
Mortgage Due May 01, 2050
Sold May 08, 2017
$990,000
$690,000 by Wintrust Mortgage
Mortgage Due Jun 01, 2047
Local assessors in Chicago, IL have categorized 1243 West Barry Avenue as a residential type of property. The home was built in 1893 and is 131 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1243 West Barry Avenue has a total of 3,268 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 8, 2020 for $1,060,000. That's $324.36 per sqft. Prior to that sales transaction, the property was also sold in Apr 12, 2017 for $990,000. 1243 West Barry Avenue was last assessed in 2023. The total value of the property was assessed at $106,001. Specifically, the land the property is located on was valued at $54,688. While improvements on the property were assessed at a total of $51,313. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $21,802. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,268
  • Gross Building Area: 3,268
  • Building Area: 3,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ALTGELDS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JOHN P (ALTGELDS) SUB OF BLKS1-4, NH BLK6, & THAT PT BLK7 LYING NELY OF CENTER LINE OF LINCOLN AVE, IN SUB BY EXECUTORS OF W

Ownership

  • Current Owner : RAEDER MARK
  • Current Owner 2: MISTRETTA LAUREN
  • Previous Owner : DAVITT MICHAEL
  • Previous Owner 2: HONG HELEN
  • Owner Before Previous Owner: FIFIELD SEAN
  • Owner Before Previous Owner 2: FIFIELD BARBARA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-111-005-0000
  • Block: 1-4,6
  • Lot: 383
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9377
  • Longitude: -87.6606

    Address

  • Full Address: 1243 W Barry Ave
  • Address - House Number: 1243
  • Street Direction: W
  • Address - Street Name: Barry
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C079
  • 4-Digit Zip Code: 4209
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,802
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,046,210
  • High Value: 1,204,120
  • Low Value: 888,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $901,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Apr 29, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $901,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $1,060,010
  • Market Land Value: $546,880
  • Market Improvement Value: $513,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,001
  • Assessed Land Value: $54,688
  • Assessed Improvements Value: $51,313

    Sales

  • Current Sale Contract Date: Apr 08, 2020
  • Current Sale Recording Date: Apr 29, 2020
  • Current Sale Transaction ID: 11755993555
  • Current Sale Price: $1,060,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012007188
  • Previous Sale Recording Date: May 08, 2017
  • Previous Sale Contract Date: Apr 12, 2017
  • Previous Sale Amount: $990,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Apr 29, 2020
  • First Mortgage Loan Amount: $901,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: May 08, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $690,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 1243 West Barry Avenue located in?
The 1243 West Barry Avenue is a located in the neighborhood of Lakeview in North Side, Chicago.
What is the average sales price for listings in 1243 West Barry Avenue?
The average sales price for units in 1243 West Barry Avenue is $0 currently.

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