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1356 West Grand Avenue

1356 West Grand Avenue, Chicago, IL 60642
Property in West Town
Sold Jun 01, 2005
$995,000
$796,000 by Labe Bank
Mortgage
1356 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 1893 and is 131 years old. The home has a total of 15 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1356 West Grand Avenue has 5,904 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 3,750 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 masonry 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 tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. The property was last sold in May 11, 2005 for $995,000. That's $168.53 per sqft. 1356 West Grand Avenue was last assessed in 2023. The total value of the property was assessed at $115,000. Specifically, the land the property is located on was valued at $22,500. While improvements on the property were assessed at a total of $92,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $23,654. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 4
  • Business/Commerical Units Count: 17
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 5,904
  • Gross Building Area: 5,904
  • Building Area: 5,904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BICKERDIKES SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (BICKERDIKES) SUB OF LTS3,5 IN ASSESSORS DIV OF THE E H NW SEC 08-39-14

Ownership

  • Current Owner : ARMSTRONG RUSSELL
  • Current Owner 2: ARMSTRONG CLAUDIA
  • Previous Owner : CHICAGO TITLE LAND TRUST CO

Neighborhood

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

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-124-029-0000
  • Block: 2
  • Lot: 3,5
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8913
  • Longitude: -87.6613

    Address

  • Full Address: 1356 W Grand Ave
  • Address - House Number: 1356
  • Street Direction: W
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C075
  • 4-Digit Zip Code: 6476
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,654
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,109,453
  • High Value: 1,276,908
  • Low Value: 941,997

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $796,000
  • First Open Lien Mortgage Lender: LABE BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2005
  • First Open Lien Mortgage Loan Amount: $796,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,150,000
  • Market Land Value: $225,000
  • Market Improvement Value: $925,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,000
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $92,500

    Sales

  • Current Sale Contract Date: May 11, 2005
  • Current Sale Recording Date: Jun 01, 2005
  • Current Sale Transaction ID: 1074066102
  • Current Sale Price: $995,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0515211006

    Last Sale Mortgage

  • First Mortgage Lender: LABE BANK
  • First Mortgage Transaction Date: Jun 01, 2005
  • First Mortgage Loan Amount: $796,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About West Side



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Frequently Asked Questions

What neighborhood is 1356 West Grand Avenue located in?
The 1356 West Grand Avenue is a located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 1356 West Grand Avenue?
The average sales price for units in 1356 West Grand Avenue is $0 currently.

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