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1322 West Belmont Avenue

1322 West Belmont Avenue, Chicago, IL 60657
Condo in Lakeview
1322 West Belmont Avenue is a condo located in Lakeview, Chicago. The building was first built in 1900 and is 124 years old. In total, 1322 West Belmont Avenue has a total floor area of 4,163 square feet. 1322 West Belmont Avenue has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 188 days and tend to sell below the original asking price of $564,000 by 3.95%. Meaning, listings tend to sell at a median of $256 price per square foot. The transaction that took the longest to complete was unit 1W, listed on May 20, 2021 for $569,000. This particular unit ultimately sold 188 days later for $546,500. The most recent transaction was for unit 1W, which was first advertised on May 20, 2021, sold for $546,500 on Nov 24, 2021. Fun fact, the oldest transaction we have on record took place on Aug 02, 2021. See the full transaction history for 1322 West Belmont Avenue below.

Lakeview, where 1322 West Belmont Avenue is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $564,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
Brick Exterior
Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210520 Unit 1W
05/20/2021
1W
3 Bed
3 Bath
2200 ft²
$569,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2200 ft²
$546,500 -3.95%
11/24/2021
Nicholaos Voutsinas

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,175
  • Total Building Area: 4,163
  • Gross Building Area: 4,163
  • Building Area: 4,163
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GOUDYS SUB
  • Land Acres: 0.073
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: WM J (GOUDYS) SUB SEC 20-40-14

Ownership

  • Current Owner : MELROSE WEST 1322 LLC
  • Previous Owner : 1322 WEST MELROSE LLC
  • Owner Before Previous Owner: BAKER DANIEL J
  • Owner Before Previous Owner 2: BAKER KIMBERLY ANN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062300

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-20-326-031-0000
  • Block: 3
  • Lot: 20
  • Meridian: SEC 20 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.941
  • Longitude: -87.6624

    Address

  • Full Address: 1322 W Melrose St
  • Address - House Number: 1322
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 9576
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,980
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 761,549
  • High Value: 956,139
  • Low Value: 566,958

    Market Valuation

  • Market Total Value: $1,020,000
  • Market Land Value: $476,250
  • Market Improvement Value: $543,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,000
  • Assessed Land Value: $47,625
  • Assessed Improvements Value: $54,375

    Sales

  • Current Sale Contract Date: Nov 07, 2016
  • Current Sale Recording Date: Nov 30, 2016
  • Current Sale Transaction ID: 1874770929
  • Current Sale Price: $877,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1633508038
  • Previous Sale Recording Date: Aug 14, 2007
  • Previous Sale Contract Date: Jul 30, 2007
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Aug 14, 2007
  • Previous Mortgage Loan Amount: $570,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2037

About North Side



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Frequently Asked Questions

What neighborhood is 1322 West Belmont Avenue located in?
The 1322 West Belmont Avenue is a condo located in the neighborhood of Lakeview in North Side, Chicago.
What is the average sales price for listings in 1322 West Belmont Avenue?
The average sales price for units in 1322 West Belmont Avenue is $564,000 , or $256/sqft. currently.

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