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1519 North Hudson Avenue

1519 North Hudson Avenue, Chicago, IL 60610
Property in Old Town
Sold Jun 05, 2013
$1,050,000
$620,000 by Loandepot.com Llc
Mortgage Due Mar 01, 2051
Sold Sep 24, 2008
$950,000
$760,000 by Professional Mortgage Partners
Mortgage Due Oct 01, 2038
Local assessors in Chicago, IL have categorized 1519 North Hudson Avenue as a residential type of property. The home was built in 1880 and is 144 years old. The property's lot size has been calculated to be 3,100 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 16 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1519 North Hudson Avenue has a total of 3,036 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1519 North Hudson Avenue was last sold in May 11, 2013 for $1,050,000. According to our calculations, that's $345.85 per sqft. Prior to that sales transaction, the property was sold for $950,000 in Sep 8, 2008. Current property owners are expected to pay $21,609 in taxes per year. The property on 1519 North Hudson Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $105,060. To break that down further, the land itself was valued at $38,750. While improvements to the property were assessed at a total of $66,310. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 2
  • Total Rooms: 16
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 5
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,036
  • Gross Building Area: 3,036
  • Building Area: 3,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEWBERRYS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: W L (NEWBERRYS) SUB OF BLK1 OF STATE BANK OF ILLINOIS SUB OF NE NW SEC 04-39-14

Ownership

  • Current Owner : KING KIRSTIE R
  • Current Owner 2: K REVOCABLE TRUST
  • Previous Owner : ABBASI SALAHUDDIN
  • Previous Owner 2: ABBASI IRAM SHAIKH
  • Owner Before Previous Owner: RIGNEY BRIAN P
  • Owner Before Previous Owner 2: RIGNEY KEVIN

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080400

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-67-02
  • District: 74
  • Parcel: 17-04-111-017-0000
  • Block: 1
  • Lot: 38
  • Meridian: SEC 04 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9098
  • Longitude: -87.6392

    Address

  • Full Address: 1519 N Hudson Ave
  • Address - House Number: 1519
  • Street Direction: N
  • Address - Street Name: Hudson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C074
  • 4-Digit Zip Code: 1181
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,609
  • Tax Rate Code Area: 74009

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,030,139
  • High Value: 1,185,623
  • Low Value: 874,654

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Feb 25, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $620,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $1,050,600
  • Market Land Value: $387,500
  • Market Improvement Value: $663,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,060
  • Assessed Land Value: $38,750
  • Assessed Improvements Value: $66,310

    Sales

  • Current Sale Contract Date: May 11, 2013
  • Current Sale Recording Date: Jun 05, 2013
  • Current Sale Transaction ID: 1083957452
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1315633075
  • Previous Sale Recording Date: Sep 24, 2008
  • Previous Sale Contract Date: Sep 08, 2008
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HARTLAND MORTGAGE CENTERS INC
  • First Mortgage Transaction Date: Jun 05, 2013
  • First Mortgage Loan Amount: $712,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2043

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: PROFESSIONAL MORTGAGE PARTNERS
  • Previous Mortgage Transaction Date: Sep 24, 2008
  • Previous Mortgage Loan Amount: $760,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1519 North Hudson Avenue located in?
The 1519 North Hudson Avenue is a located in the neighborhood of Old Town in Central Chicago, Chicago.
What is the average sales price for listings in 1519 North Hudson Avenue?
The average sales price for units in 1519 North Hudson Avenue is $0 currently.

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