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1364 West Grand Avenue

1364 West Grand Avenue, Chicago, IL 60642
Property in West Town
Sold Jun 30, 1999
$299,000
Sold Nov 14, 1994
$200,500
$160,400 by Preferred Mtg Associates Ltd N
Mortgage Due Dec 01, 2024
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1364 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 1913 and is 111 years old. The home has a total of 7 rooms. 2 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, 1364 West Grand Avenue has 3,250 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,250 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 attached garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1364 West Grand Avenue was last sold in Jun 15, 1999 for $299,000. According to our calculations, that's $92.00 per sqft. Prior to that sales transaction, the property was sold for $200,500 in Nov 7, 1994. Current property owners are expected to pay $15,188 in taxes per year. The property on 1364 West Grand Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $80,000. To break that down further, the land itself was valued at $19,500. While improvements to the property were assessed at a total of $60,500. 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: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,250
  • Gross Building Area: 3,250
  • Building Area: 3,250
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BICKERDIKES SUB
  • Land Acres: 0.075
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (BICKERDIKES) SUB OF LTS3,5 IN ASSESSORS DIV OF THE E H NW SEC 08-39-14

Ownership

  • Current Owner : PALOS BANK & TRUST COMPANY
  • Current Owner 2: TRUST #1-4637
  • Previous Owner : HARRIS DAVID W
  • Owner Before Previous Owner: AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: B1-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-124-026-0000
  • Block: 2
  • Lot: 3,5
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8913
  • Longitude: -87.6615

    Address

  • Full Address: 1364 W Grand Ave
  • Address - House Number: 1364
  • Street Direction: W
  • Address - Street Name: Grand
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C075
  • 4-Digit Zip Code: 6450
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,188
  • Tax Rate Code Area: 77001

    Market Valuation

  • Market Total Value: $800,000
  • Market Land Value: $195,000
  • Market Improvement Value: $605,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,000
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $60,500

    Sales

  • Current Sale Contract Date: Jun 15, 1999
  • Current Sale Recording Date: Jun 30, 1999
  • Current Sale Transaction ID: 1074066099
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 99628867
  • Previous Sale Recording Date: Nov 14, 1994
  • Previous Sale Contract Date: Nov 07, 1994
  • Previous Sale Amount: $200,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Previous Mortgages

  • Previous Mortgage Lender: PREFERRED MTG ASSOCIATES LTD N
  • Previous Mortgage Transaction Date: Nov 14, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $160,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2024

About West Side



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Nearby Rentals

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$2,950 /mo

  • 3 Beds
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Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1364 West Grand Avenue located in?
The 1364 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 1364 West Grand Avenue?
The average sales price for units in 1364 West Grand Avenue is $0 currently.

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