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1527 North Claremont Avenue

1527 North Claremont Avenue, Chicago, IL 60622
Multifamily in Wicker Park
1 Units For Sale
Unit for sale at 1527 N Claremont Avenue, Chicago, IL 60622

$1,515,000

  • 10 Beds
1527 N Claremont Avenue, Chicago, IL 60622 Listing by Tim Lorimer

1527 North Claremont Avenue has been categorized by the local assessors in Chicago, IL as a unknown type of property. The building on the property was first built in 1906 and is 118 years old. The home has a total of 16 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1527 North Claremont Avenue has 3,132 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 1,250 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,375 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 garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The roof of the building is made of unknown. The exterior walls of the building are made of unknown. The inside of the home is being cooled with unknown at the moment. In terms of heating, it is utilizing unknown. Finally, the property is currently sourcing its water from unknown system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1527 North Claremont Avenue sold most recently in Jun 1, 2017 for a total of $1,295,000. If you work out the math, that's approximately a cost of $413.47 per sqft. Before that, the property was also sold for $583,000 in Aug 27, 2012. 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 $25,014 in taxes each year. The initial year of tax delinquency occurred in 2021. 1527 North Claremont Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $121,615. If we break it down further, the land itself was valued at $27,000. Improvements to the property, however, were assessed at a total of $94,615. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220526
05/26/2022
10 Bed
-
-
$1,625,000
bedrooms
10 Bed
bathrooms
-
-
-
-
Tim Lorimer
Compass

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 2
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,132
  • Gross Building Area: 3,132
  • Building Area: 3,132
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: DAVIS SUB
  • Land Acres: 0.078
  • Legal Description 1: (RESUBDIVISION) OF BLK3 IN WATSON TOWER & DAVIS SUB O F WH NW SEC 06-39-14

Ownership

  • Current Owner : 5314 INVESTMENTS LLC
  • Previous Owner : VALENTE MICHAEL
  • Previous Owner 2: VALENTE AMANDA
  • Owner Before Previous Owner: BOLEDOVICH CRAIG M
  • Owner Before Previous Owner 2: LAVALLEE THOMAS
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

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: 17-06-101-018-0000
  • Block: 3
  • Lot: 20,19
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9094
  • Longitude: -87.6855

    Address

  • Full Address: 1527 N Claremont Ave
  • Address - House Number: 1527
  • Street Direction: N
  • Address - Street Name: Claremont
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C069
  • 4-Digit Zip Code: 8817
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,014
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 857,934
  • High Value: 1,077,152
  • Low Value: 638,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $971,250
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Jun 15, 2017
  • First Open Lien Mortgage Loan Amount: $971,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $1,216,150
  • Market Land Value: $270,000
  • Market Improvement Value: $946,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,615
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $94,615

    Sales

  • Current Sale Contract Date: Jun 01, 2017
  • Current Sale Recording Date: Jun 15, 2017
  • Current Sale Transaction ID: 1588680577
  • Current Sale Price: $1,295,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1716629033
  • Previous Sale Recording Date: Sep 11, 2012
  • Previous Sale Contract Date: Aug 27, 2012
  • Previous Sale Amount: $583,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Jun 15, 2017
  • First Mortgage Loan Amount: $971,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Previous Mortgages

  • Previous Mortgage Transaction Date: Sep 11, 2012
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $739,851
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1527 North Claremont Avenue located in?
The 1527 North Claremont Avenue is a multifamily located in the neighborhood of Wicker Park in Northwest Side, Chicago.
How many listings are currently for sale in 1527 North Claremont Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1527 North Claremont Avenue?
The average sales price for units in 1527 North Claremont Avenue is $1,515,000 currently.

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