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1347 West Carmen Avenue

1347 West Carmen Avenue, Chicago, IL 60640
Property in Uptown
Sold May 19, 2020
$1,275,000
Sold Jan 24, 1994
$315,000
$252,000 by Lasalle Talman Bank Fsb
Mortgage Due Jan 01, 2001
1347 West Carmen Avenue in Chicago, IL was first built in 1918 and is 106 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 multifamily style. There are a total of 3 floors. There are a total of 30 rooms in the home, of which, 18 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 1347 West Carmen Avenue has 9,141 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,360. In total, the area measurement of the land is 6,800 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 4 available parking spaces. 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 air conditioning. As for heating, the home is utilizing a hot water heating system. 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, 1347 West Carmen Avenue sold most recently in Apr 30, 2020 for a total of $1,275,000. If you work out the math, that's approximately a cost of $139.48 per sqft. Before that, the property was also sold for $315,000 in Dec 28, 1993. 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 $24,888 in taxes each year. 1347 West Carmen Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $121,000. If we break it down further, the land itself was valued at $54,400. Improvements to the property, however, were assessed at a total of $66,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 30
  • Bedroom Count: 18
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 6
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 6,800
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 9,141
  • Gross Building Area: 9,141
  • Building Area: 9,141
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 9,141
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROWNS SUB
  • Land Acres: 0.156
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: A J (BROWNS) SUB OF CHYTRAUS ADD TO ARGYLE SEC 08-40-14

Ownership

  • Current Owner : 1347 W CARMEN LLC
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: NISHIO IKUKO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 031100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 17S-85-03
  • District: 73
  • Parcel: 14-08-308-003-0000
  • Block: 2
  • Lot: 3
  • Meridian: SEC 08 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9741
  • Longitude: -87.664

    Address

  • Full Address: 1347 W Carmen Ave
  • Address - House Number: 1347
  • Street Direction: W
  • Address - Street Name: Carmen
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C031
  • 4-Digit Zip Code: 7889
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,888
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,967,238
  • High Value: 2,264,163
  • Low Value: 1,670,312

    Market Valuation

  • Market Total Value: $1,210,000
  • Market Land Value: $544,000
  • Market Improvement Value: $666,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,000
  • Assessed Land Value: $54,400
  • Assessed Improvements Value: $66,600

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11761237626
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014007215
  • Previous Sale Recording Date: Jan 24, 1994
  • Previous Sale Contract Date: Dec 28, 1993
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALBANY BANK & TRUST COMPANY NA
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 05, 2025

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: LASALLE TALMAN BANK FSB
  • Previous Mortgage Transaction Date: Jan 24, 1994
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2001

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Frequently Asked Questions

What neighborhood is 1347 West Carmen Avenue located in?
The 1347 West Carmen Avenue is a located in the neighborhood of Uptown in North Side, Chicago.
What is the average sales price for listings in 1347 West Carmen Avenue?
The average sales price for units in 1347 West Carmen Avenue is $0 currently.

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