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1248 South Homan Avenue

1248 South Homan Avenue, Chicago, IL 60623
Property in Lawndale
Sold Sep 15, 2004
$140,000
$111,995 by Neighborhood Lending Services
Mortgage Due Oct 01, 2034
1248 South Homan Avenue in Chicago, IL was first built in 2007 and is 17 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 modern style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1248 South Homan Avenue has 1,363 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 1,717 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a no garage. 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 masonry 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 heating system. The property was last sold in Sep 7, 2004 for $140,000. That's $102.71 per sqft. 1248 South Homan Avenue was last assessed in 2023. The total value of the property was assessed at $18,001. Specifically, the land the property is located on was valued at $2,018. While improvements on the property were assessed at a total of $15,983. 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 $2,444. 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. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,717
  • Total Building Area: 1,363
  • Gross Building Area: 1,363
  • Building Area: 1,363
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,363
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNELIUS GRIFFIN & OTHERS
  • Land Acres: 0.039
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : THOMAS RITA
  • Previous Owner : WEST VILLAGE JV LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 291200

Zoning

  • Zoning: RT-4

Geography

  • District: 77
  • Parcel: 16-23-203-030-0000
  • Lot: 2-13
  • Municipality: WEST CHICAGO
  • Latitude: 41.8649
  • Longitude: -87.7108

    Address

  • Full Address: 1248 S Homan Ave
  • Address - House Number: 1248
  • Street Direction: S
  • Address - Street Name: Homan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 1664
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,444
  • Tax Rate Code Area: 77113

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 246,287
  • High Value: 302,525
  • Low Value: 190,050

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $120,290
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LENDING SERVICES
  • First Open Lien Mortgage Recording Date: Sep 15, 2004
  • First Open Lien Mortgage Loan Amount: $111,995
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034
  • Second Open Lien Mortgage Recording Date: Sep 15, 2004
  • Second Open Lien Mortgage Loan Amount: $8,295
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $180,010
  • Market Land Value: $20,180
  • Market Improvement Value: $159,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,001
  • Assessed Land Value: $2,018
  • Assessed Improvements Value: $15,983

    Sales

  • Current Sale Contract Date: Sep 07, 2004
  • Current Sale Recording Date: Sep 15, 2004
  • Current Sale Transaction ID: 1094143039
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0425935108

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LENDING SERVICES
  • First Mortgage Transaction Date: Sep 15, 2004
  • First Mortgage Loan Amount: $111,995
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Oct 01, 2034
  • Second Mortgage Loan Amount: $8,295

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Frequently Asked Questions

What neighborhood is 1248 South Homan Avenue located in?
The 1248 South Homan Avenue is a located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 1248 South Homan Avenue?
The average sales price for units in 1248 South Homan Avenue is $0 currently.

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