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1517 West Altgeld Street

1517 West Altgeld Street, Chicago, IL 60614
Sold Aug 09, 2022
$1,242,000
$1,117,800 by Bmo Harris Bank Na
Mortgage Due Sep 01, 2052
Sold Oct 07, 2013
$1,050,000
$840,000 by The Privatebank & Trust Co
Mortgage Due Oct 01, 2043
1517 West Altgeld Street 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 1998 and is 26 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1517 West Altgeld Street has 2,818 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 250 ft and across the front of the lot is 1,240 ft. The area measurement of the land has been determined as 3,106 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 3 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 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 tar and gravel. The exterior walls of the building are made of wood. 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. 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, 1517 West Altgeld Street sold most recently in Aug 5, 2022 for a total of $1,242,000. If you work out the math, that's approximately a cost of $440.74 per sqft. Before that, the property was also sold for $1,050,000 in Sep 24, 2013. 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 $22,964 in taxes each year. 1517 West Altgeld Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,067. If we break it down further, the land itself was valued at $46,590. Improvements to the property, however, were assessed at a total of $68,477. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,106
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 2,818
  • Gross Building Area: 2,818
  • Building Area: 2,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LILLS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WM (LILLS) SUB OF LT7 IN ASSESSORS DIVN OF OUT-LT42 I N SHEFFIELDS ADD TO CHICAGO SUB IN SEC 29-40-14

Ownership

  • Current Owner : CHARNEY JOSHUA F
  • Current Owner 2: JIANG LINDA
  • Previous Owner : ANDREW MORRIS GOLDMAN TRUST
  • Owner Before Previous Owner: MERTZLUFFT TIMOTHY
  • Owner Before Previous Owner 2: SELLSTROM DAWN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070600

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Apr 03, 2009
  • District: 73
  • Parcel: 14-29-317-036-0000
  • Lot: 7,42,
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9267
  • Longitude: -87.6666

    Address

  • Full Address: 1517 W Altgeld St
  • Address - House Number: 1517
  • Street Direction: W
  • Address - Street Name: Altgeld
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C065
  • 4-Digit Zip Code: 2001
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,964
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 1,322,801
  • High Value: 1,584,382
  • Low Value: 1,061,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,117,800
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Aug 09, 2022
  • First Open Lien Mortgage Loan Amount: $1,117,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $1,150,670
  • Market Land Value: $465,900
  • Market Improvement Value: $684,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,067
  • Assessed Land Value: $46,590
  • Assessed Improvements Value: $68,477

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 09, 2022
  • Current Sale Transaction ID: 11905353392
  • Current Sale Price: $1,242,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33143
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Sep 24, 2013
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Aug 09, 2022
  • First Mortgage Loan Amount: $1,117,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: THE PRIVATEBANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 07, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $840,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About North Side



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Frequently Asked Questions

What neighborhood is 1517 West Altgeld Street located in?
The 1517 West Altgeld Street is a house located in the neighborhood of West De Paul in North Side, Chicago.
What is the average sales price for listings in 1517 West Altgeld Street?
The average sales price for units in 1517 West Altgeld Street is $0 currently.

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