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1440 South Kedvale Avenue

1440 South Kedvale Avenue, Chicago, IL 60623
Property in Lawndale
Sold Apr 15, 2021
$305,000
Sold Oct 07, 2015
$1,000,000
$700,000 by Lancer Investments Llc
Mortgage Due Oct 31, 2035
1440 South Kedvale Avenue in Chicago, IL was first built in 2010 and is 14 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 18 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1440 South Kedvale Avenue has 3,648 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. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. 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. For those who need parking, there is a no garage. 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 Mar 29, 2021 for $305,000. That's $83.61 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2015 for $1,000,000. 1440 South Kedvale Avenue was last assessed in 2023. The total value of the property was assessed at $21,576. Specifically, the land the property is located on was valued at $3,701. While improvements on the property were assessed at a total of $17,875. 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 $4,453. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,150
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,648
  • Gross Building Area: 3,648
  • Building Area: 3,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,648
  • 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 : GERARD JAMES
  • Previous Owner : PIKE PROPERTIES GROUP LLC
  • Owner Before Previous Owner: METROPOLITAN HOUSING DEVELOPMENT CORPORA
  • Current Owner Is a Corporation Indicator: Yes

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: 16-22-219-032-0000
  • Block: 4
  • Lot: 6
  • Meridian: SEC 22 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8612
  • Longitude: -87.729

    Address

  • Full Address: 1440 S Kedvale Ave
  • Address - House Number: 1440
  • Street Direction: S
  • Address - Street Name: Kedvale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 1120
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,453
  • Tax Rate Code Area: 77125

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 366,359
  • High Value: 459,970
  • Low Value: 272,747

    Market Valuation

  • Market Total Value: $215,760
  • Market Land Value: $37,010
  • Market Improvement Value: $178,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,576
  • Assessed Land Value: $3,701
  • Assessed Improvements Value: $17,875

    Sales

  • Current Sale Contract Date: Mar 29, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11830964091
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2110501221
  • Previous Sale Recording Date: Oct 07, 2015
  • Previous Sale Contract Date: Oct 02, 2015
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $228,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LANCER INVESTMENTS LLC
  • Previous Mortgage Transaction Date: Oct 07, 2015
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 31, 2035

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Frequently Asked Questions

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

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