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1523 North Bell Avenue

1523 North Bell Avenue, Chicago, IL 60622
Property in Wicker Park
Sold Mar 05, 2021
$1,012,000
$809,600 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2051
Sold Apr 25, 2003
$370,000
$296,000 by Abn Amro Mortgage Group Inc
Mortgage Due May 01, 2033
1523 North Bell Avenue in Chicago, IL was first built in 1890 and is 134 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 multifamily style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1523 North Bell Avenue has 1,870 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. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 masonry 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 masonry. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1523 North Bell Avenue sold most recently in Feb 9, 2021 for a total of $1,012,000. If you work out the math, that's approximately a cost of $541.18 per sqft. Before that, the property was also sold for $370,000 in Apr 21, 2003. 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 $14,928 in taxes each year. 1523 North Bell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $76,000. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $52,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,870
  • Gross Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BOGUES SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: H B (BOGUES) SUB OF BLKS1-2,4-5 OF WATSON TOWER & DAV IS SUB OF THE WH NW SEC 06-39-14

Ownership

  • Current Owner : HOOPER SCOTT
  • Current Owner 2: HOOPER TARA
  • Previous Owner : FEINERMAN IAN
  • Previous Owner 2: FEINERMAN HEIDI
  • Owner Before Previous Owner: MORENO MAGALI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-06-103-016-0000
  • Block: 1,2
  • Lot: 20
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9093
  • Longitude: -87.6832

    Address

  • Full Address: 1523 N Bell Ave
  • Address - House Number: 1523
  • Street Direction: N
  • Address - Street Name: Bell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C069
  • 4-Digit Zip Code: 1834
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,928
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 633,790
  • High Value: 795,735
  • Low Value: 471,844

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $809,600
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $809,600
  • 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: $760,000
  • Market Land Value: $240,000
  • Market Improvement Value: $520,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $52,000

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11824058059
  • Current Sale Price: $1,012,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2106434191
  • Previous Sale Recording Date: Apr 25, 2003
  • Previous Sale Contract Date: Apr 21, 2003
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $809,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Apr 25, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $296,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2033

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Frequently Asked Questions

What neighborhood is 1523 North Bell Avenue located in?
The 1523 North Bell Avenue is a located in the neighborhood of Wicker Park in Northwest Side, Chicago.
What is the average sales price for listings in 1523 North Bell Avenue?
The average sales price for units in 1523 North Bell Avenue is $0 currently.

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