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1626 West Thorndale Avenue

1626 West Thorndale Avenue, Chicago, IL 60660
Property in Edgewater
Sold Sep 22, 2021
$525,000
$494,301 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2051
1626 West Thorndale 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 1920 and is 104 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1626 West Thorndale Avenue has 2,666 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 3,900 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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, 1626 West Thorndale Avenue was last sold in Sep 17, 2021 for $525,000. According to our calculations, that's $196.92 per sqft. Current property owners are expected to pay $8,433 in taxes per year. The property on 1626 West Thorndale Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $41,000. To break that down further, the land itself was valued at $19,500. While improvements to the property were assessed at a total of $21,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • 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: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,900
  • Total Building Area: 2,666
  • Gross Building Area: 2,666
  • Building Area: 2,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLESINS & FRANZES
  • Land Acres: 0.09
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (BLESINS) & (FRANZES) RESUB OF SUNDRY LTS IN BUENA VI STA ADD TO CHICAGO IN EH SE SEC 06-40-14

Ownership

  • Current Owner : LETAMENDI MARIA L
  • Previous Owner : RAMIREZ JULIO
  • Previous Owner 2: RAMIREZ CYNTHIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 030400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17N-30-04
  • District: 73
  • Parcel: 14-06-403-014-0000
  • Lot: 108,1
  • Meridian: SEC 06 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9886
  • Longitude: -87.6711

    Address

  • Full Address: 1626 W Thorndale Ave
  • Address - House Number: 1626
  • Street Direction: W
  • Address - Street Name: Thorndale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C082
  • 4-Digit Zip Code: 3206
  • Zip Code: 60660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,433
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 461,806
  • High Value: 579,806
  • Low Value: 343,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $494,301
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $494,301
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $195,000
  • Market Improvement Value: $215,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $21,500

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11857226112
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2126546342

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 22, 2021
  • First Mortgage Loan Amount: $494,301
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

About North Side



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Frequently Asked Questions

What neighborhood is 1626 West Thorndale Avenue located in?
The 1626 West Thorndale Avenue is a located in the neighborhood of Edgewater in North Side, Chicago.
What is the average sales price for listings in 1626 West Thorndale Avenue?
The average sales price for units in 1626 West Thorndale Avenue is $0 currently.

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