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126 East 18th Street

126 East 18th Street, Chicago, IL 60616
Property in Prairie District
Sold Jun 23, 2021
$755,000
$679,500 by Imc Mortgage Corp
Mortgage Due Jun 01, 2051
Sold Sep 29, 2005
$601,500
$481,000 by Dba Bg Mortgage
Mortgage Due Oct 01, 2035
126 East 18th Street 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 2009 and is 15 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 126 East 18th Street has 2,731 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 948 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 masonry 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 tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 126 East 18th Street sold most recently in May 5, 2021 for a total of $755,000. If you work out the math, that's approximately a cost of $276.46 per sqft. Before that, the property was also sold for $601,500 in Sep 15, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,070 in taxes each year. 126 East 18th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,000. If we break it down further, the land itself was valued at $13,272. Improvements to the property, however, were assessed at a total of $77,728. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 948
  • Total Building Area: 2,731
  • Gross Building Area: 2,731
  • Building Area: 2,731
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,731
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON PARK 02 TWNHMS
  • Land Acres: 0.022
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : BRYAN JOSHUA M
  • Previous Owner : OLSZANSKI JAMES T
  • Previous Owner 2: OLSZANSKI MICHELLE
  • Owner Before Previous Owner: KENSINGTON PARK II LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330103

Zoning

  • Zoning: DX-5

Geography

  • District: 76
  • Parcel: 17-22-302-087-0000
  • Lot: 35
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8581
  • Longitude: -87.6228

    Address

  • Full Address: 126 E 18th St
  • Address - House Number: 126
  • Street Direction: E
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 1200
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,070
  • Tax Rate Code Area: 76084

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 988,316
  • High Value: 1,218,357
  • Low Value: 758,275

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $679,500
  • First Open Lien Mortgage Lender: IMC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $679,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $910,000
  • Market Land Value: $132,720
  • Market Improvement Value: $777,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,000
  • Assessed Land Value: $13,272
  • Assessed Improvements Value: $77,728

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Transaction ID: 11840860911
  • Current Sale Price: $755,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2117412054
  • Previous Sale Recording Date: Sep 29, 2005
  • Previous Sale Contract Date: Sep 15, 2005
  • Previous Sale Amount: $601,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IMC MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 23, 2021
  • First Mortgage Loan Amount: $679,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DBA BG MORTGAGE
  • Previous Mortgage Transaction Date: Sep 29, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $481,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

What neighborhood is 126 East 18th Street located in?
The 126 East 18th Street is a located in the neighborhood of Prairie District in Central Chicago, Chicago.
What is the average sales price for listings in 126 East 18th Street?
The average sales price for units in 126 East 18th Street is $0 currently.

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