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1424 West Lexington Street

1424 West Lexington Street, Chicago, IL 60607
Sold Dec 17, 2018
$1,345,000
$350,000 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2036
Sold May 02, 2013
$950,000
Local assessors in Chicago, IL have categorized 1424 West Lexington Street as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 2,664 square feet. The linear feet between the front and back of the lot was measured at 1,110 ft and the front of the lot was measured at 240 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1424 West Lexington Street has a total of 2,520 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1424 West Lexington Street was last sold in Dec 4, 2018 for $1,345,000. According to our calculations, that's $533.73 per sqft. Prior to that sales transaction, the property was sold for $950,000 in Apr 9, 2013. Current property owners are expected to pay $14,764 in taxes per year. The property on 1424 West Lexington Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $71,536. To break that down further, the land itself was valued at $11,988. While improvements to the property were assessed at a total of $59,548. 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. 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.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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,664
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,520
  • Gross Building Area: 2,520
  • Building Area: 2,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF BLK40 IN CANAL TRUSTEES
  • Land Acres: 0.061
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BOGUSZKO MARTIN
  • Previous Owner : CUTILLETTA ANTHONY F
  • Owner Before Previous Owner: J & D PARCELS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 832900

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-17-303-039-0000
  • Block: 2
  • Lot: 40
  • Meridian: SEC 17 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8729
  • Longitude: -87.6628

    Address

  • Full Address: 1424 W Lexington St
  • Address - House Number: 1424
  • Street Direction: W
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 4014
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,764
  • Tax Rate Code Area: 77100

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 857,770
  • High Value: 1,053,634
  • Low Value: 661,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Market Valuation

  • Market Total Value: $715,360
  • Market Land Value: $119,880
  • Market Improvement Value: $595,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,536
  • Assessed Land Value: $11,988
  • Assessed Improvements Value: $59,548

    Sales

  • Current Sale Contract Date: Dec 04, 2018
  • Current Sale Recording Date: Dec 17, 2018
  • Current Sale Transaction ID: 11543847929
  • Current Sale Price: $1,345,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1835157143
  • Previous Sale Recording Date: May 02, 2013
  • Previous Sale Contract Date: Apr 09, 2013
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 17, 2018
  • First Mortgage Loan Amount: $807,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1424 West Lexington Street located in?
The 1424 West Lexington Street is a house located in the neighborhood of University Village - Little Italy in West Side, Chicago.
What is the average sales price for listings in 1424 West Lexington Street?
The average sales price for units in 1424 West Lexington Street is $0 currently.

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