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1453 South Prairie Avenue

1453 South Prairie Avenue, Chicago, IL 60605
Property in South Loop
Sold Jun 01, 2022
$795,000
$397,500 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2037
Sold May 24, 2017
$632,000
$424,100 by Illinois National Bank
Mortgage Due Jun 01, 2047
1453 South Prairie 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 1995 and is 29 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1453 South Prairie Avenue has 2,028 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 860 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 A by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 3, 2022 for $795,000. That's $392.01 per sqft. Prior to that sales transaction, the property was also sold in May 19, 2017 for $632,000. 1453 South Prairie Avenue was last assessed in 2023. The total value of the property was assessed at $60,736. Specifically, the land the property is located on was valued at $16,340. While improvements on the property were assessed at a total of $44,396. 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 $11,825. 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. 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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 16
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 860
  • Total Building Area: 2,028
  • Gross Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL STATION 02 RESUBDI
  • Land Acres: 0.02
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOTS11-76 CENTRAL STATION RESUB S22 T39N R14E 3P

Ownership

  • Current Owner : NG LAYHOOI
  • Current Owner 2: LIM GUAT HOON
  • Previous Owner : OSULLIVAN J FERGAL
  • Owner Before Previous Owner: ABACAN FRANCIS
  • Owner Before Previous Owner 2: CHENG ANO MELISSA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330102

Zoning

  • Zoning: PD 499

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-22-109-102-0000
  • Lot: 41
  • Meridian: SEC 22 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8629
  • Longitude: -87.6222

    Address

  • Full Address: 1453 S Indiana Ave
  • Address - House Number: 1453
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 2834
  • Zip Code: 60605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,825
  • Tax Rate Code Area: 76084

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 758,056
  • High Value: 929,382
  • Low Value: 586,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 01, 2022
  • First Open Lien Mortgage Loan Amount: $397,500
  • 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: Jun 01, 2037

    Market Valuation

  • Market Total Value: $607,360
  • Market Land Value: $163,400
  • Market Improvement Value: $443,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,736
  • Assessed Land Value: $16,340
  • Assessed Improvements Value: $44,396

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Transaction ID: 11905282461
  • Current Sale Price: $795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10052
  • Previous Sale Recording Date: May 24, 2017
  • Previous Sale Contract Date: May 19, 2017
  • Previous Sale Amount: $632,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 01, 2022
  • First Mortgage Loan Amount: $397,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: ILLINOIS NATIONAL BANK
  • Previous Mortgage Transaction Date: May 24, 2017
  • Previous Mortgage Loan Amount: $424,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1453 South Prairie Avenue located in?
The 1453 South Prairie Avenue is a located in the neighborhood of South Loop in Central Chicago, Chicago.
What is the average sales price for listings in 1453 South Prairie Avenue?
The average sales price for units in 1453 South Prairie Avenue is $0 currently.

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