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1427 West Chicago Avenue

1427 West Chicago Avenue, Chicago, IL 60642
Property in West Town
Sold May 19, 2015
$701,500
$696,200 by Us Bank Na
Mortgage Due May 06, 2035
1427 West Chicago 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 1900 and is 124 years old. The home has a total of 9 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1427 West Chicago Avenue has 5,775 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 3,075 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 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, 1427 West Chicago Avenue was last sold in May 6, 2015 for $701,500. According to our calculations, that's $121.47 per sqft. Current property owners are expected to pay $17,199 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1427 West Chicago Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $83,728. To break that down further, the land itself was valued at $18,450. While improvements to the property were assessed at a total of $65,278. 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 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. 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 5
  • Business/Commerical Units Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,075
  • Total Building Area: 5,775
  • Gross Building Area: 5,775
  • Building Area: 5,775
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BICKERDIKES ADD
  • Land Acres: 0.071
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (SUBDIVISION) OF BLKS1-2 IN BICKERDIKES ADD TO CHICAG O BEING THE WH NW SEC 08-39-14

Ownership

  • Current Owner : CRUZ SOJKA FUNERAL HOME INC
  • Previous Owner : GUEVARA CARLOS J
  • Previous Owner 2: CRUZ EDWIN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243300

Zoning

  • Zoning: B1-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-102-005-0000
  • Block: 1,2
  • Lot: 11
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8959
  • Longitude: -87.6635

    Address

  • Full Address: 1427 W Chicago Ave
  • Address - House Number: 1427
  • Street Direction: W
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C062
  • 4-Digit Zip Code: 5231
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,199
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $696,200
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 19, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $696,200
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 06, 2035

    Market Valuation

  • Market Total Value: $837,280
  • Market Land Value: $184,500
  • Market Improvement Value: $652,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,728
  • Assessed Land Value: $18,450
  • Assessed Improvements Value: $65,278

    Sales

  • Current Sale Contract Date: May 06, 2015
  • Current Sale Recording Date: May 19, 2015
  • Current Sale Transaction ID: 1226219320
  • Current Sale Price: $701,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1513935008

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 19, 2015
  • First Mortgage Loan Amount: $696,200
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 06, 2035

    Financing

  • First Mortgage Financing Type: Variable

About West Side



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Frequently Asked Questions

What neighborhood is 1427 West Chicago Avenue located in?
The 1427 West Chicago Avenue is a located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 1427 West Chicago Avenue?
The average sales price for units in 1427 West Chicago Avenue is $0 currently.

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