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1544 West Diversey Parkway

1544 West Diversey Parkway, Chicago, IL 60614
Property in Lakeview
Sold Feb 26, 2018
$960,000
Sold Jun 10, 2005
$780,000
$585,000 by Taylor Bean & Whitaker Mortgag
Mortgage Due Jul 01, 2035
1544 West Diversey Parkway 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 1890 and is 134 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1544 West Diversey Parkway has 3,060 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 250 ft. The area measurement of the land has been determined as 2,976 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 detached garage for those who require parking. According to our sources, there are a total of 2 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 asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. 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, 1544 West Diversey Parkway was last sold in Jan 29, 2018 for $960,000. According to our calculations, that's $313.73 per sqft. Prior to that sales transaction, the property was sold for $780,000 in Jun 7, 2005. Current property owners are expected to pay $16,043 in taxes per year. The property on 1544 West Diversey Parkway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $61,320. To break that down further, the land itself was valued at $44,640. While improvements to the property were assessed at a total of $16,680. 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. 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.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: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,976
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,060
  • Gross Building Area: 3,060
  • Building Area: 3,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LABALMS SUB
  • Land Acres: 0.068
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: CHARLES (LABALMS) SUB OF S173FT OF E483FT OF BLK4 IN WM LILL & HEIRS OF MICHAEL DIVERSEY SUB IN NW SEC 29-40-14

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST CO
  • Current Owner 2: TRUST NUMBER 8002375090
  • Previous Owner : SEDERQUIST MARIA
  • Owner Before Previous Owner: WEIS SCOTT M

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062700

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-128-024-0000
  • Block: 4
  • Lot: 9
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9327
  • Longitude: -87.6677

    Address

  • Full Address: 1544 W Diversey Pkwy
  • Address - House Number: 1544
  • Street Direction: W
  • Address - Street Name: Diversey
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C073
  • 4-Digit Zip Code: 0644
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,043
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 643,617
  • High Value: 808,073
  • Low Value: 479,160

    Market Valuation

  • Market Total Value: $613,200
  • Market Land Value: $446,400
  • Market Improvement Value: $166,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,320
  • Assessed Land Value: $44,640
  • Assessed Improvements Value: $16,680

    Sales

  • Current Sale Contract Date: Jan 29, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Transaction ID: 11419371868
  • Current Sale Price: $960,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1805742075
  • Previous Sale Recording Date: Jun 10, 2005
  • Previous Sale Contract Date: Jun 07, 2005
  • Previous Sale Amount: $780,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTYVILLE BANK & TRUST CO
  • First Mortgage Transaction Date: Feb 26, 2018
  • First Mortgage Loan Amount: $672,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Jun 10, 2005
  • Previous Mortgage Loan Amount: $585,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 1544 West Diversey Parkway located in?
The 1544 West Diversey Parkway is a located in the neighborhood of Lakeview in North Side, Chicago.
What is the average sales price for listings in 1544 West Diversey Parkway?
The average sales price for units in 1544 West Diversey Parkway is $0 currently.

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