1603 North Cleveland Avenue

Local assessors in Chicago, IL have categorized 1603 North Cleveland Avenue as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 14,618 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 1603 North Cleveland Avenue was last sold in Apr 20, 2023 for $785,000. Prior to that sales transaction, the property was sold for $475,000 in Sep 7, 2002. Current property owners are expected to pay $12,123 in taxes per year. The property on 1603 North Cleveland Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $65,783. To break that down further, the land itself was valued at $12,023. While improvements to the property were assessed at a total of $53,760. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!