See Home Value
Chicago 60642 Noble Square
1536 W CHESTNUT Street
$482,406*
Land - Off Market

1536 W CHESTNUT Street

Chicago, IL 60642
bedrooms
Studio
bathrooms
0 Bath
$436,000 - $532,000
Reference Base Price*
-0.51%
Since Oct 1, 2023
IL-Chicago
Primary Model
Sold Sep 20, 2023
$450,000
Sold Apr 20, 2023
$428,000
Buyer
Seller

About This Property

Short term seller financing possible. 25 x 128 ft lot. Tremendous opportunity for redevelopment, rehab or single family conversion. Currently a two unit, zoned RS-3. Alderman feedback is they will likely allow a third unit to the existing structure. Situated on a prime block/location near the Division St. shopping and restaurant strip close to I-90, Blue Line, Eckhardt Park and a multi-million dollar condo conversion.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$972
HOA Dues
-
Year Built
1880

Price History

Date / Event Date Event Price
Sep 20, 2023 No longer available -
No longer available
Sep 20, 2023 Sold $450,000
Sold
Sep 8, 2023 In contract -
In contract
Aug 8, 2023 Listed $484,900
Listed
Jul 14, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES SUBDIVISION
  • Land Acres: 0.074
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 1536 W CHESTNUT LLC
  • Previous Owner : I/BY LLC
  • Owner Before Previous Owner: KOSI BARBARA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Sep 02, 2006
  • District: 77
  • Parcel: 17-05-319-060-0000
  • Meridian: SEC 05 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8982
  • Longitude: -87.6663

    Address

  • Full Address: 1536 W Chestnut St
  • Address - House Number: 1536
  • Street Direction: W
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C026
  • 4-Digit Zip Code: 5201
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,930
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 602,173
  • High Value: 693,062
  • Low Value: 511,283

    Market Valuation

  • Market Total Value: $580,000
  • Market Land Value: $192,000
  • Market Improvement Value: $388,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,000
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $38,800

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Sep 20, 2023
  • Current Sale Transaction ID: 11913470049
  • Current Sale Price: $450,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 41133
  • Previous Sale Recording Date: Apr 20, 2023
  • Previous Sale Contract Date: Apr 18, 2023
  • Previous Sale Amount: $428,000
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
3 Baths
-
$540,000 May 23, 2002
$540,000 Jun 25, 2002
$178/mo
Land
Loft
-
-
$500,000 Jul 14, 2023
-
$138/mo
Land
Loft
-
-
$425,000 Jun 27, 2023
-
$133/mo
House
3 Beds
2.5 Baths
-
$485,000 Aug 30, 2023
-
$1,071/mo
House
2 Beds
1.5 Baths
-
$485,000 Aug 10, 2023
-
$924/mo
House
2 Beds
2 Baths
1,235 ft²
$385/ft²
$474,888 Sep 5, 2023
-
$718/mo
House
2 Beds
2.5 Baths
-
$475,000 Aug 9, 2023
-
$812/mo
House
2 Beds
1.5 Baths
-
$475,000 Sep 10, 2023
-
$924/mo
House
2 Beds
2 Baths
-
$469,150 Sep 7, 2023
-
$1,113/mo
House
2 Beds
1 Bath
1,200 ft²
$379/ft²
$455,000 Aug 17, 2023
-
$733/mo
Multifamily
2 Beds
-
-
$520,000 Aug 22, 2023
-
$1,019/mo
Townhouse
3 Beds
1.5 Baths
-
$519,499 Aug 9, 2023
-
$868/mo

About Northwest Side


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Frequently Asked Questions

When was property at 1536 West Chestnut Street built and last sold?
The property at 1536 West Chestnut Street was built in 1880 and last sold on Sep 18, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 1536 West Chestnut Street is $489,749.
What are some comparable homes to 1536 West Chestnut Street?
Homes that are comparable to 1536 West Chestnut Street include a land property at 941 North Racine Avenue, 1327 West Huron Street, 1535 West Ohio Street.

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