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1440 South Karlov Avenue

1440 South Karlov Avenue, Chicago, IL 60623
Multifamily in Lawndale
Sold Sep 06, 2022
$400,000
$300,000 by National Mortgage Home Loans L
Mortgage Due Sep 01, 2052
Sold Jun 20, 2017
$185,000
$138,750 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2047
1440 South Karlov Avenue in Chicago, IL was first built in 2007 and is 17 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 15 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 1440 South Karlov Avenue has 3,774 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,150 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Aug 25, 2022 for $400,000. That's $105.99 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2017 for $185,000. 1440 South Karlov Avenue was last assessed in 2023. The total value of the property was assessed at $26,000. Specifically, the land the property is located on was valued at $3,701. While improvements on the property were assessed at a total of $22,299. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,366. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 3,774
  • Gross Building Area: 3,774
  • Building Area: 3,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OUR HOME ADD
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : ANASTASSOY GEORGE
  • Previous Owner : DANKIN DENIS
  • Owner Before Previous Owner: DRS LAND ACQUISITION LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 290900

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-22-220-044-0000
  • Block: 3
  • Lot: 6
  • Meridian: SEC 22 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8613
  • Longitude: -87.7278

    Address

  • Full Address: 1440 S Karlov Ave
  • Address - House Number: 1440
  • Street Direction: S
  • Address - Street Name: Karlov
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 1242
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,366
  • Tax Rate Code Area: 77125

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 342,912
  • High Value: 499,463
  • Low Value: 186,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: NATIONAL MORTGAGE HOME LOANS L
  • First Open Lien Mortgage Recording Date: Sep 06, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $37,010
  • Market Improvement Value: $222,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $3,701
  • Assessed Improvements Value: $22,299

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Transaction ID: 11905336027
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1093
  • Previous Sale Recording Date: Jun 20, 2017
  • Previous Sale Contract Date: May 31, 2017
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL MORTGAGE HOME LOANS L
  • First Mortgage Transaction Date: Sep 06, 2022
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jun 20, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $138,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About West Side



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Frequently Asked Questions

What neighborhood is 1440 South Karlov Avenue located in?
The 1440 South Karlov Avenue is a multifamily located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 1440 South Karlov Avenue?
The average sales price for units in 1440 South Karlov Avenue is $0 currently.

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