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1347 West Grand Avenue

1347 West Grand Avenue, Chicago, IL 60642
Property in Fulton Market
Refi Aug 27, 2013
Transfer
$200,000 by Minnesota Bank & Trust
Mortgage Due Jul 01, 2043
1347 West Grand 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 1880 and is 144 years old. The home has a total of 10 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1347 West Grand Avenue has 2,369 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 4,950 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 no garage for those who require parking. 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 frame 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 asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $13,489 in taxes each year. 1347 West Grand Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $69,000. If we break it down further, the land itself was valued at $29,700. Improvements to the property, however, were assessed at a total of $39,300. 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. 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.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: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,950
  • Total Building Area: 2,369
  • Gross Building Area: 2,369
  • Building Area: 2,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,369
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROBBINS SUB
  • Land Acres: 0.114
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: GEO S (ROBBINS) SUB OF BLKS6-7 IN ASSESSORS DIVN OF E H NW SEC 08-39-14

Ownership

  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243400

Zoning

  • Zoning: B1-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-132-013-0000
  • Block: 6,7
  • Lot: 16,17
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8907
  • Longitude: -87.6608

    Address

  • Full Address: 1347 W Grand Ave
  • Address - House Number: 1347
  • Street Direction: W
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C075
  • 4-Digit Zip Code: 6444
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,489
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 714,792
  • High Value: 822,679
  • Low Value: 606,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: MINNESOTA BANK & TRUST
  • First Open Lien Mortgage Recording Date: Aug 27, 2013
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Market Valuation

  • Market Total Value: $690,000
  • Market Land Value: $297,000
  • Market Improvement Value: $393,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,000
  • Assessed Land Value: $29,700
  • Assessed Improvements Value: $39,300

About West Side



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Frequently Asked Questions

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

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