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1424 West Grand Avenue

1424 West Grand Avenue, Chicago, IL 60642
Property in West Town
1 Units For Sale
Unit for sale at 1424 W Grand Avenue, Chicago, IL 60642

$725,000

  • 3 Beds
  • 2.5 Baths
1424 W Grand Avenue #1, Chicago, IL 60642 Listing by Ryan Gable

1424 West Grand Avenue has been categorized by the local assessors in Chicago, IL as a industrial type of property. The building on the property was first built in 1984 and is 40 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 3,575 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. 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, 1424 West Grand Avenue sold most recently in Feb 21, 1997 for a total of $750,000. If you work out the math, that's approximately a cost of $10.20 per sqft. 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 $10,940 in taxes each year. 1424 West Grand Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,191. If we break it down further, the land itself was valued at $8,938. Improvements to the property, however, were assessed at a total of $44,253. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,575
  • Total Building Area: 73,500
  • Building Area: 73,500
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: HAMBLETONS
  • Land Acres: 0.82
  • Standard Land Use Code: Industrial (general)

Ownership

  • Current Owner : MRD ASSOCIATES INC
  • Previous Owner : THE CHICAGO TRUST COMPANY
  • Owner Before Previous Owner: NOBLE GREEN PROPERTIES INC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 842300

Zoning

  • Zoning: PMD-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-131-071-0000
  • Block: 1
  • Lot: 13
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8902
  • Longitude: -87.6632

    Address

  • Full Address: 1424 W Hubbard St
  • Address - House Number: 1424
  • Street Direction: W
  • Address - Street Name: Hubbard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,940
  • Tax Rate Code Area: 77019

    Market Valuation

  • Market Total Value: $212,764
  • Market Land Value: $35,752
  • Market Improvement Value: $177,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,191
  • Assessed Land Value: $8,938
  • Assessed Improvements Value: $44,253

    Sales

  • Current Sale Contract Date: Feb 21, 1997
  • Current Sale Recording Date: Jan 03, 2002
  • Current Sale Transaction ID: 1094344213
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0020011586
  • Previous Sale Recording Date: Mar 19, 1997
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC BANK OF CHICAGO
  • First Mortgage Transaction Date: Jan 03, 2002
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2007
  • Second Mortgage Loan Amount: $215,500

    Previous Mortgages

  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Feb 01, 2002

About West Side



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Frequently Asked Questions

What neighborhood is 1424 West Grand Avenue located in?
The 1424 West Grand Avenue is a located in the neighborhood of West Town in West Side, Chicago.
How many listings are currently for sale in 1424 West Grand Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1424 West Grand Avenue?
The average sales price for units in 1424 West Grand Avenue is $725,000 currently.

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