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1356 West Hubbard Street

1356 West Hubbard Street, Chicago, IL 60642
Property in Fulton Market
Sold Jun 01, 2005
$995,000
$796,000 by Labe Bank
Mortgage
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1356 West Hubbard Street 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 Hubbard Street 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. 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, 1356 West Hubbard Street was last sold in May 11, 2005 for $995,000. According to our calculations, that's $168.53 per sqft. Current property owners are expected to pay $23,654 in taxes per year. The property on 1356 West Hubbard Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $115,000. To break that down further, the land itself was valued at $22,500. While improvements to the property were assessed at a total of $92,500. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 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

    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: 2022
  • 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 Hubbard Street located in?
The 1356 West Hubbard Street is a located in the neighborhood of Fulton Market in West Side, Chicago.
What is the average sales price for listings in 1356 West Hubbard Street?
The average sales price for units in 1356 West Hubbard Street is $0 currently.

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