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1559 South Homan Avenue

1559 South Homan Avenue, Chicago, IL 60623
Commercial in Lawndale
Sold Apr 01, 2020
$36,000
Sold Jan 02, 2018
$21,000
1559 South Homan Avenue 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 1893 and is 131 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1559 South Homan Avenue has 3,800 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,125 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 no garage for those who require parking. 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 masonry 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 tar and gravel. The exterior walls of the building are made of masonry. 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, 1559 South Homan Avenue was last sold in Mar 11, 2020 for $36,000. According to our calculations, that's $9.47 per sqft. Prior to that sales transaction, the property was sold for $21,000 in Dec 18, 2017. Current property owners are expected to pay $1,032 in taxes per year. The property on 1559 South Homan Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,000. To break that down further, the land itself was valued at $2,497. While improvements to the property were assessed at a total of $2,503. 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. 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.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: 1893
  • Effective Year Built: 1893
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,125
  • Total Building Area: 3,800
  • Gross Building Area: 3,800
  • Building Area: 3,800
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESCOTTS DOUGLAS PARK ADDITION
  • Land Acres: 0.049
  • Standard Land Use Code: Misc Residential improvement

Ownership

  • Current Owner : HUNT BRITTANY
  • Previous Owner : JMM SOUTH PROPERTIES LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST COMPANY

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841500

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-23-226-046-0000
  • Meridian: SEC 23 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8592
  • Longitude: -87.7101

    Address

  • Full Address: 1559 S Homan Ave
  • Address - House Number: 1559
  • Street Direction: S
  • Address - Street Name: Homan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 2153
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,032
  • Tax Rate Code Area: 77113

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $24,970
  • Market Improvement Value: $25,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $2,497
  • Assessed Improvements Value: $2,503

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Transaction ID: 11751405668
  • Current Sale Price: $36,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2009207010
  • Previous Sale Recording Date: Jan 02, 2018
  • Previous Sale Contract Date: Dec 18, 2017
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: Deed

About West Side



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Frequently Asked Questions

What neighborhood is 1559 South Homan Avenue located in?
The 1559 South Homan Avenue is a commercial located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 1559 South Homan Avenue?
The average sales price for units in 1559 South Homan Avenue is $0 currently.

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