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1506 South Keeler Avenue

1506 South Keeler Avenue, Chicago, IL 60623
House in Lawndale
Sold May 24, 2021
$225,000
$220,924 by Neighborhood Loans
Mortgage Due Apr 01, 2051
Sold Jun 03, 2020
$40,000
1506 South Keeler Avenue in Chicago, IL was first built in 1895 and is 129 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 bungalow style. It is a single story home. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1506 South Keeler Avenue has 1,183 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. 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1506 South Keeler Avenue sold most recently in Mar 17, 2021 for a total of $225,000. If you work out the math, that's approximately a cost of $190.19 per sqft. Before that, the property was also sold for $40,000 in May 1, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,032 in taxes each year. 1506 South Keeler Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,000. If we break it down further, the land itself was valued at $2,735. Improvements to the property, however, were assessed at a total of $2,265. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 1,183
  • Gross Building Area: 1,183
  • Building Area: 1,183
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,183
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITIZENS LAND ASSOCIATION
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH2 LOT2 BLKS2 7&8 W2NE4 S22 T39 N R13E 3P

Ownership

  • Current Owner : SANCHEZ EVELYN
  • Current Owner 2: SANCHEZ ALICIA
  • Previous Owner : ADAME CHRISTIAN
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

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: 16-22-226-024-0000
  • Block: 2
  • Lot: 2
  • Meridian: SEC 22 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8604
  • Longitude: -87.7302

    Address

  • Full Address: 1506 S Keeler Ave
  • Address - House Number: 1506
  • Street Direction: S
  • Address - Street Name: Keeler
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 1946
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,032
  • Tax Rate Code Area: 77125

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 284,908
  • High Value: 357,707
  • Low Value: 212,108

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,924
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $220,924
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $27,350
  • Market Improvement Value: $22,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $2,735
  • Assessed Improvements Value: $2,265

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836210160
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2114404408
  • Previous Sale Recording Date: Jun 03, 2020
  • Previous Sale Contract Date: May 01, 2020
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About West Side



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Frequently Asked Questions

What neighborhood is 1506 South Keeler Avenue located in?
The 1506 South Keeler Avenue is a house located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 1506 South Keeler Avenue?
The average sales price for units in 1506 South Keeler Avenue is $259,900 , or $96/sqft. currently.

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