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1503 West Thomas Street

1503 West Thomas Street, Chicago, IL 60642
Sold Sep 13, 2022
$1,100,000
$4,162,500 by Albany Bank And Trust Company
Mortgage Due Aug 05, 2027
Sold Nov 15, 1994
$38,000
1503 West Thomas Street is a condo located in Noble Square, Chicago. The building was first built in 1999 and is 25 years old. In total, 1503 West Thomas Street has a total floor area of 3,664 square feet. 1503 West Thomas Street has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. See the full transaction history for 1503 West Thomas Street below.

Noble Square, where 1503 West Thomas Street is located, has a median asking price of $206,950 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 18
  • 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
  • Business/Commerical Units Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,976
  • Total Building Area: 3,664
  • Gross Building Area: 3,664
  • Building Area: 3,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES
  • Land Acres: 0.068
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : CORTEZ VENTURES LLC
  • Previous Owner : 1503 W CORTEZ LLC
  • Owner Before Previous Owner: DEVELOPMENT CONSOLIDATION PARTNERS SERIE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242000

Zoning

  • Zoning: RM-4.5

Geography

  • Assessors Map Reference: 005-117-02
  • District: 77
  • Parcel: 17-05-309-096-0000
  • Lot: 11,10
  • Meridian: SEC 05 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9004
  • Longitude: -87.6652

    Address

  • Full Address: 1503 W Cortez St
  • Address - House Number: 1503
  • Street Direction: W
  • Address - Street Name: Cortez
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 7794
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,510
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 908,021
  • High Value: 1,045,073
  • Low Value: 770,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,162,500
  • First Open Lien Mortgage Lender: ALBANY BANK AND TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Sep 13, 2022
  • First Open Lien Mortgage Loan Amount: $4,162,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 05, 2027

    Market Valuation

  • Market Total Value: $851,310
  • Market Land Value: $178,560
  • Market Improvement Value: $672,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,131
  • Assessed Land Value: $17,856
  • Assessed Improvements Value: $67,275

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Transaction ID: 11905381370
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6053
  • Previous Sale Recording Date: Nov 15, 1994
  • Previous Sale Contract Date: Oct 26, 1994
  • Previous Sale Amount: $38,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALBANY BANK AND TRUST COMPANY
  • First Mortgage Transaction Date: Sep 13, 2022
  • First Mortgage Loan Amount: $4,162,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 05, 2027

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1503 West Thomas Street located in?
The 1503 West Thomas Street is a condo located in the neighborhood of Noble Square in Northwest Side, Chicago.
What is the average sales price for listings in 1503 West Thomas Street?
The average sales price for units in 1503 West Thomas Street is $0 currently.

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