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1611 North Cleveland Avenue

1611 North Cleveland Avenue, Chicago, IL 60614
Sold Aug 06, 2021
$746,000
$746,000 by Mortgage Research Center Llc
Mortgage Due Jul 01, 2051
Sold Jan 08, 2014
$540,000
Local assessors in Chicago, IL have categorized 1611 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. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1611 North Cleveland Avenue has a total of 30,225 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The property was last sold in May 28, 2021 for $746,000. That's $24.68 per sqft. Prior to that sales transaction, the property was also sold in Dec 6, 2013 for $540,000. 1611 North Cleveland Avenue was last assessed in 2023. The total value of the property was assessed at $80,379. Specifically, the land the property is located on was valued at $14,691. While improvements on the property were assessed at a total of $65,688. 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 $0. 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! 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.

Building Info

Overview

    General

  • Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Floor Count: 4
  • Living Units: 14
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,618
  • Total Building Area: 30,225
  • Gross Building Area: 30,225
  • Building Area: 30,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 30,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAINT MICHAELS SQUARE CONDOMINIUM
  • Land Acres: 0.336
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: U1611 ST MICHAEL SQUARE CONSDO SUBD #2 N1/2 & N1/2 SE1/4 & E1/2 SW1/4 S33 T40N R14E

Ownership

  • Current Owner : CAUGUIRAN ARNEL SANGALANG
  • Previous Owner : ZHUANG XUAN
  • Previous Owner 2: JIN DONG
  • Owner Before Previous Owner: CARON JANE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071700

Zoning

  • Zoning: PD 238

Geography

  • Assessors Map Reference: 1-02N-090-01
  • District: 74
  • Parcel: 14-33-330-012-1011
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9114
  • Longitude: -87.6406

    Address

  • Full Address: 1611 N Cleveland Ave
  • Address - House Number: 1611
  • Street Direction: N
  • Address - Street Name: Cleveland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 5601
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 74026

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 857,515
  • High Value: 1,011,080
  • Low Value: 703,950

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $746,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $746,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $803,790
  • Market Land Value: $146,910
  • Market Improvement Value: $656,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,379
  • Assessed Land Value: $14,691
  • Assessed Improvements Value: $65,688

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11846810831
  • Current Sale Price: $746,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2121806108
  • Previous Sale Recording Date: Jan 08, 2014
  • Previous Sale Contract Date: Dec 06, 2013
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $746,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1611 North Cleveland Avenue located in?
The 1611 North Cleveland Avenue is a located in the neighborhood of Old Town Triangle in Central Chicago, Chicago.
What is the average sales price for listings in 1611 North Cleveland Avenue?
The average sales price for units in 1611 North Cleveland Avenue is $0 currently.

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