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1337 West Fargo Avenue

1337 West Fargo Avenue, Chicago, IL 60626
Property in Rogers Park
Sold Jan 12, 2009
$8,050,000
Sold Feb 10, 2004
$6,740,000
Seller
$6,375,000 by Charter One Bank Na
Mortgage
1337 West Fargo Avenue 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 1931 and is 93 years old. The building has a total of 13 stories. The area measurement of the land has been determined as 11,367 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a high-rise 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. 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, 1337 West Fargo Avenue was last sold in Dec 17, 2008 for $8,050,000. Prior to that sales transaction, the property was sold for $6,740,000 in Jan 30, 2004. Current property owners are expected to pay $147,818 in taxes per year. The property on 1337 West Fargo Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $718,672. To break that down further, the land itself was valued at $16,766. While improvements to the property were assessed at a total of $701,906. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: High-rise
  • Floor Count: 13
  • Living Units: 86
  • Business/Commerical Units Count: 85
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,367
  • 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: BIRCHWOOD BEACH SUB
  • Land Acres: 0.261
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (RESUBDIVISION) OF BLK11&12 OF BIRCHWOOD BEACH SUB OF PT SEC29 S I.B.L. SEC 29-41-14

Ownership

  • Current Owner : FARCROFT PARK LLC
  • Previous Owner : 1337 FARGO LLC
  • Owner Before Previous Owner: QHC INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 010300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jun 04, 2040
  • District: 75
  • Parcel: 11-29-312-006-0000
  • Block: 11,12
  • Lot: 3
  • Meridian: SEC 29 TWN 41N RNG 14E
  • Municipality: ROGERS PARK
  • Latitude: 42.0169
  • Longitude: -87.6644

    Address

  • Full Address: 1337 W Fargo Ave
  • Address - House Number: 1337
  • Street Direction: W
  • Address - Street Name: Fargo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 1872
  • Zip Code: 60626

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $147,818
  • Tax Rate Code Area: 75001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 3,791,772
  • High Value: 4,760,643
  • Low Value: 2,822,900

    Market Valuation

  • Market Total Value: $7,186,720
  • Market Land Value: $167,660
  • Market Improvement Value: $7,019,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $718,672
  • Assessed Land Value: $16,766
  • Assessed Improvements Value: $701,906

    Sales

  • Current Sale Contract Date: Dec 17, 2008
  • Current Sale Recording Date: Jan 12, 2009
  • Current Sale Transaction ID: 1131950041
  • Current Sale Price: $8,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0901233005
  • Previous Sale Recording Date: Feb 10, 2004
  • Previous Sale Contract Date: Jan 30, 2004
  • Previous Sale Amount: $6,740,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHARTER ONE BANK NA
  • Previous Mortgage Transaction Date: Feb 10, 2004
  • Previous Mortgage Loan Amount: $6,375,000
  • Previous Mortgage Loan Type: Commercial

About North Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1337 West Fargo Avenue located in?
The 1337 West Fargo Avenue is a located in the neighborhood of Rogers Park in North Side, Chicago.
What is the average sales price for listings in 1337 West Fargo Avenue?
The average sales price for units in 1337 West Fargo Avenue is $0 currently.

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