1507 North Hudson Avenue has been categorized by the local assessors in Chicago, IL as a commercial type of property.
The building on the property was first built in 1967 and is 57 years old.
This is a single story building so stairs are not necessary to access other parts of the home.
The area measurement of the land has been determined as 2,550 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. The property was last sold in May 26, 2022 for $625,000. That's $694.44 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 1999 for $330,000. 1507 North Hudson Avenue was last assessed in 2023. The total value of the property was assessed at $129,490. Specifically, the land the property is located on was valued at $70,125. While improvements on the property were assessed at a total of $59,365. 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 $26,634. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in May 26, 2022 for $625,000. That's $694.44 per sqft. Prior to that sales transaction, the property was also sold in Nov 15, 1999 for $330,000. 1507 North Hudson Avenue was last assessed in 2023. The total value of the property was assessed at $129,490. Specifically, the land the property is located on was valued at $70,125. While improvements on the property were assessed at a total of $59,365. 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 $26,634. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.
1507 North Hudson Avenue, Chicago, IL 60610
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0 Past Sales
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