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1326 North Burling Street

1326 North Burling Street, Chicago, IL 60610
Property in Goose Island
Sold Dec 14, 2023
$255,000
$406,400 by Citadel Servicing Corporation
Mortgage Due Dec 01, 2053
Sold Aug 04, 2022
$363,000
1326 North Burling Street in Chicago, IL was first built in 2003 and is 21 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 condo style. In total, the area measurement of the land is 187,142 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1326 North Burling Street was last sold in Oct 14, 2023 for $255,000. Prior to that sales transaction, the property was sold for $363,000 in Jul 18, 2022. Current property owners are expected to pay $9,582 in taxes per year. The property on 1326 North Burling Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $50,006. To break that down further, the land itself was valued at $22,518. While improvements to the property were assessed at a total of $27,488. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 187,142
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH TOWN VILLAGE CONDO
  • Land Acres: 4.296
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : FANKAM STEVE
  • Previous Owner : V & T INVESTMENT CORPORATION
  • Owner Before Previous Owner: INTERCOUNTY JUDICIAL SALES CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 842200

Zoning

  • Zoning: PD 713

Geography

  • District: 74
  • Parcel: 17-04-113-100-1119
  • Lot: 2,4
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9064
  • Longitude: -87.6473

    Address

  • Full Address: 1326 N Burling St
  • Address - House Number: 1326
  • Street Direction: N
  • Address - Street Name: Burling
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 5265
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,582
  • Tax Rate Code Area: 74009

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 547,579
  • High Value: 602,944
  • Low Value: 492,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $406,400
  • First Open Lien Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 14, 2023
  • First Open Lien Mortgage Loan Amount: $406,400
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $500,060
  • Market Land Value: $225,180
  • Market Improvement Value: $274,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,006
  • Assessed Land Value: $22,518
  • Assessed Improvements Value: $27,488

    Sales

  • Current Sale Contract Date: Oct 14, 2023
  • Current Sale Recording Date: Dec 14, 2023
  • Current Sale Transaction ID: 11917840119
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6139
  • Previous Sale Recording Date: Aug 04, 2022
  • Previous Sale Contract Date: Jul 18, 2022
  • Previous Sale Amount: $363,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Mortgage Transaction Date: Dec 14, 2023
  • First Mortgage Loan Amount: $406,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1326 North Burling Street located in?
The 1326 North Burling Street is a located in the neighborhood of Goose Island in Central Chicago, Chicago.
What is the average sales price for listings in 1326 North Burling Street?
The average sales price for units in 1326 North Burling Street is $0 currently.

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