Check Availability

1245 South Lawndale Avenue

1245 South Lawndale Avenue, Chicago, IL 60623
Commercial in Lawndale
1 Units For Sale
Unit for sale at 1245 S Lawndale Avenue, Chicago, IL 60623

$673,400

  • Commercial
1245 S Lawndale Avenue, Chicago, IL 60623 Listing by Victor Zack

Local assessors in Chicago, IL have categorized 1245 South Lawndale Avenue as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 3,000 square feet. 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 24 rooms in the home. Of these, 12 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 6 full bathrooms. There are also 6 partial bathrooms. This is a 3 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 1245 South Lawndale Avenue has a total of 5,709 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. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 masonry 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 tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. The property was last sold in Jun 18, 2019 for $252,000. That's $44.14 per sqft. Prior to that sales transaction, the property was also sold in Nov 17, 2005 for $250,000. 1245 South Lawndale Avenue was last assessed in 2023. The total value of the property was assessed at $23,000. Specifically, the land the property is located on was valued at $3,525. While improvements on the property were assessed at a total of $19,475. 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 $4,747. 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!

Building Features

Exterior

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220619
06/19/2022
Loft
-
-
$865,000
bedrooms
Loft
bathrooms
-
-
-
-
Victor Zack
ASAP Realty
20180904
09/04/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 24
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 6
  • Business/Commerical Units Count: 39
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 5,709
  • Gross Building Area: 5,709
  • Building Area: 5,709
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,709
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLERS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MILLERS) SUB OF NE NE NW SEC 23-39-13

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Current Owner 2: TRUST NUMBER 8002378430
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: ANDREWS CURTIS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 838700

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-23-105-018-0000
  • Block: 2
  • Lot: 24
  • Meridian: SEC 23 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8649
  • Longitude: -87.7175

    Address

  • Full Address: 1245 S Lawndale Ave
  • Address - House Number: 1245
  • Street Direction: S
  • Address - Street Name: Lawndale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C030
  • 4-Digit Zip Code: 1531
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,747
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 373,357
  • High Value: 468,756
  • Low Value: 277,957

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $35,250
  • Market Improvement Value: $194,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $3,525
  • Assessed Improvements Value: $19,475

    Sales

  • Current Sale Contract Date: Jun 18, 2019
  • Current Sale Recording Date: Jul 23, 2019
  • Current Sale Transaction ID: 11625329107
  • Current Sale Price: $252,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1920406020
  • Previous Sale Recording Date: Jan 20, 2006
  • Previous Sale Contract Date: Nov 17, 2005
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 23, 2019
  • First Mortgage Loan Amount: $201,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL BANK OF COMMERCE
  • Previous Mortgage Transaction Date: Jan 20, 2006
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 9
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 17, 2006

About West Side



Similar Buildings

Commercial at 1245 South Lawndale Avenue,

1234 South Central Park Avenue

  • 1 Unit for Sale
1234 South Central Park Avenue, Chicago, IL 60623
Commercial at 1245 South Lawndale Avenue,

3708 West Roosevelt Road

  • 1 Unit for Sale
3708 West Roosevelt Road, Chicago, IL 60624
Commercial at 1245 South Lawndale Avenue,

1326 South Independence Boulevard

  • 1 Unit for Sale
1326 South Independence Boulevard, Chicago, IL 60623
Commercial at 1245 South Lawndale Avenue,

3839 West 14th Street

  • 1 Unit for Sale
3839 West 14th Street, Chicago, IL 60623
Commercial at 1245 South Lawndale Avenue,

1302 South Springfield Avenue

  • 1 Unit for Sale
1302 South Springfield Avenue, Chicago, IL 60623
Commercial at 1245 South Lawndale Avenue,

1500 South Lawndale Avenue

  • 1 Unit for Sale
  • 3 Stories
1500 South Lawndale Avenue, Chicago, IL 60623
Commercial at 1245 South Lawndale Avenue,

3843 West Fillmore Street

  • 1 Unit for Sale
  • 2 Stories
3843 West Fillmore Street, Chicago, IL 60624
Commercial at 1245 South Lawndale Avenue,

3917 West Grenshaw Street

  • 1 Unit for Sale
3917 West Grenshaw Street, Chicago, IL 60624
Commercial at 1245 South Lawndale Avenue,

3909 West Fillmore Street

  • 1 Unit for Sale
3909 West Fillmore Street, Chicago, IL 60624

Nearby Rentals

Unit for rent at 1546 S Drake Avenue, Chicago, IL, 60623

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1546 S Drake Avenue #G, Chicago, IL, 60623 Listing by Chris Vasilakopoulos
Unit for rent at 3653 W Lexington Street, Chicago, IL, 60624

$1,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
3653 W Lexington Street #3F, Chicago, IL, 60624 Listing by Alicia Muratalla
Unit for rent at 745 S California Avenue, Chicago, IL, 60612

$1,195 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
745 S California Avenue #2F, Chicago, IL, 60612 Listing by Kevin Nester
Unit for rent at 2527 S Harding Avenue, Chicago, IL, 60623

$1,225 /mo

  • Studio
  • 1 Bath
  • 1,000 ft²
2527 S Harding Avenue #G, Chicago, IL, 60623 Listing by Hector Castaneda
Unit for rent at 2450 S Whipple Street, Chicago, IL, 60623

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
2450 S Whipple Street #1, Chicago, IL, 60623 Listing by Benyamin Lalez
Unit for rent at 1122 S California Avenue, Chicago, IL, 60612

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1122 S California Avenue #3R, Chicago, IL, 60612 Listing by Umme-Hani Carbide
Unit for rent at 2542 S Albany, CHICAGO, IL, 60623

$1,195 /mo

  • 1 Bed
  • 1 Bath
  • 660 ft²
2542 S Albany #2542 S Albany - 1F, CHICAGO, IL, 60623 Listing by Manager

Frequently Asked Questions

What neighborhood is 1245 South Lawndale Avenue located in?
The 1245 South Lawndale Avenue is a commercial located in the neighborhood of Lawndale in West Side, Chicago.
How many listings are currently for sale in 1245 South Lawndale Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1245 South Lawndale Avenue?
The average sales price for units in 1245 South Lawndale Avenue is $673,400 currently.

Quantcast