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1503 Glenn Drive

1503 Glenn Drive, North Chicago, IL 60064
Property in Washburn Park
Sold Jul 25, 2018
$100,000
$96,662 by Leader One Financial Corp
Mortgage Due Aug 01, 2048
Sold Mar 22, 2018
$36,000
1503 Glenn Drive has been categorized by the local assessors in North Chicago, IL as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 5 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1503 Glenn Drive has 2,304 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 6,024 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 detached garage for those who require parking. The garage measured 748 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 frame 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 composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 29, 2018 for $100,000. That's $30.64 per sqft. Prior to that sales transaction, the property was also sold in Mar 7, 2018 for $36,000. 1503 Glenn Drive was last assessed in 2023. The total value of the property was assessed at $58,213. Specifically, the land the property is located on was valued at $6,024. While improvements on the property were assessed at a total of $52,189. 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 $5,734. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 960
  • Garage Type: Detached
  • Garage Square Area: 748
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,024
  • Total Building Area: 3,264
  • Gross Building Area: 3,456
  • Building Area: 2,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHBURN PARK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WASHBURN PARK LOTS 47 & 48 BLOCK 7

Ownership

  • Current Owner : GUTIERREZ FLORES AMALIA AVILA
  • Current Owner 2: GUTIERREZ AVILA BEATRIZ
  • Previous Owner : LUBIN LUCIANI
  • Previous Owner 2: WILCOX STACY
  • Owner Before Previous Owner: CHEN JIANG GUO ZHANG
  • Owner Before Previous Owner 2: CHEN JIANG PEIZHEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Chicago School District 187
  • Census Tract: 862902

Geography

  • Assessors Map Reference: 2536-E5
  • District: WAUKEGAN
  • Parcel: 08-33-306-040
  • Block: 7
  • Lot: 47,48
  • Municipality: TWP OF WAUKEGAN
  • Latitude: 42.3322
  • Longitude: -87.8458

    Address

  • Full Address: 1503 Glenn Dr
  • Address - House Number: 1503
  • Address - Street Name: Glenn
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: North Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 1830
  • Zip Code: 60064

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,734
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 226,329
  • High Value: 262,486
  • Low Value: 190,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,662
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jul 25, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $96,662
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $174,657
  • Market Land Value: $18,074
  • Market Improvement Value: $156,583

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,213
  • Assessed Land Value: $6,024
  • Assessed Improvements Value: $52,189

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Transaction ID: 11485136648
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7501073
  • Previous Sale Recording Date: Mar 22, 2018
  • Previous Sale Contract Date: Mar 07, 2018
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Jul 25, 2018
  • First Mortgage Loan Amount: $96,662
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Washburn Park



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Frequently Asked Questions

What neighborhood is 1503 Glenn Drive located in?
The 1503 Glenn Drive is a located in the neighborhood of Washburn Park in Washburn Park, North Chicago.
What is the average sales price for listings in 1503 Glenn Drive?
The average sales price for units in 1503 Glenn Drive is $0 currently.

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