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1544 West Lawrence Avenue

1544 West Lawrence Avenue, Chicago, IL 60640
Property in Ravenswood
1544 West Lawrence Avenue in Chicago, IL was first built in 1967 and is 57 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. In total, the area measurement of the land is 7,950 square feet.

Learn more about the property and building on this page. The property was last sold in Oct 25, 2021 for $6,130,000. That's $3,405.56 per sqft. Prior to that sales transaction, the property was also sold in Apr 8, 2020 for $4,900,000. 1544 West Lawrence Avenue was last assessed in 2023. The total value of the property was assessed at $120,432. Specifically, the land the property is located on was valued at $99,375. While improvements on the property were assessed at a total of $21,057. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $25,608. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,950
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: BUSHNERS SUB
  • Land Acres: 0.183
  • Standard Land Use Code: Service station (full service)

Ownership

  • Current Owner : SDIG CHICAGO REALTY LLC
  • Previous Owner : FONTANA LAWRENCE LLC
  • Owner Before Previous Owner: GW LAWRENCE ASHLAND LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 031100

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: 17S-98-03
  • District: 73
  • Parcel: 14-08-315-026-0000
  • Lot: 7
  • Meridian: SEC 08 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9691
  • Longitude: -87.669

    Address

  • Full Address: 1544 W Lawrence Ave
  • Address - House Number: 1544
  • Street Direction: W
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,608
  • Tax Rate Code Area: 73063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,984,500
  • First Open Lien Mortgage Lender: GREAT LAKES CU
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $3,984,500
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2031

    Market Valuation

  • Market Total Value: $481,728
  • Market Land Value: $397,500
  • Market Improvement Value: $84,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,432
  • Assessed Land Value: $99,375
  • Assessed Improvements Value: $21,057

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11865910789
  • Current Sale Price: $6,130,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2131204151
  • Previous Sale Recording Date: Jul 09, 2020
  • Previous Sale Contract Date: Apr 08, 2020
  • Previous Sale Amount: $4,900,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREAT LAKES CU
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $3,984,500
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2031

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: OLD SECOND NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 09, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $2,650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

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

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