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1617 West Le Moyne Street

1617 West Le Moyne Street, Chicago, IL 60622
Multifamily in Wicker Park
Local assessors in Chicago, IL have categorized 1617 West Le Moyne Street as a residential type of property. The home was built in 1895 and is 129 years old. The property's lot size has been calculated to be 2,400 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 2 partial bathrooms. This is a 2 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 1617 West Le Moyne Street has a total of 2,136 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. 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, 1617 West Le Moyne Street was last sold in Mar 3, 2021 for $612,500. According to our calculations, that's $286.75 per sqft. Prior to that sales transaction, the property was sold for $210,000 in May 14, 1997. Current property owners are expected to pay $15,311 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1617 West Le Moyne Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $74,438. To break that down further, the land itself was valued at $19,200. While improvements to the property were assessed at a total of $55,238. 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!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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200625
06/25/2020
4 Bed
3.5 Bath
-
$689,000
bedrooms
4 Bed
bathrooms
3.5 Bath
$612,500 -11.10%
03/30/2021
Hadley Rue

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • 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: 2,400
  • Total Building Area: 2,136
  • Gross Building Area: 2,136
  • Building Area: 2,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCREYNOLDS SUB
  • Land Acres: 0.055
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MCREYNOLDS) SUB OF PT EH NE SEC 06-39-14

Ownership

  • Current Owner : LOPEZ JOSUE
  • Previous Owner : ADDUCCI MARK A
  • Owner Before Previous Owner: GINZEL LISA

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-06-211-018-0000
  • Block: 5
  • Lot: 11
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9089
  • Longitude: -87.6684

    Address

  • Full Address: 1617 W Le Moyne St
  • Address - House Number: 1617
  • Street Direction: W
  • Address - Street Name: Le Moyne
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 2240
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,311
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 778,307
  • High Value: 895,781
  • Low Value: 660,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 30, 2021
  • First Open Lien Mortgage Loan Amount: $490,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $744,380
  • Market Land Value: $192,000
  • Market Improvement Value: $552,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,438
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $55,238

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Transaction ID: 11828005082
  • Current Sale Price: $612,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2108906009
  • Previous Sale Recording Date: Jul 07, 1997
  • Previous Sale Contract Date: May 14, 1997
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 30, 2021
  • First Mortgage Loan Amount: $490,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PERL MTG INC
  • Previous Mortgage Transaction Date: Jul 07, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $168,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2027

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1617 West Le Moyne Street located in?
The 1617 West Le Moyne Street is a multifamily located in the neighborhood of Wicker Park in Northwest Side, Chicago.
What is the average sales price for listings in 1617 West Le Moyne Street?
The average sales price for units in 1617 West Le Moyne Street is $649,000 currently.

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