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1648 South Prairie Avenue

1648 South Prairie Avenue, Chicago, IL 60616
Property in Prairie District
1 Units For Sale
Unit for sale at 1648 S Prairie Avenue, Chicago, IL 60616

$850,000

  • 3 Beds
  • 3.5 Baths
  • 2,432 ft²
1648 S Prairie Avenue #2, Chicago, IL 60616 Listing by Lauren Mitrick Wood

Local assessors in Chicago, IL have categorized 1648 South Prairie Avenue as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 986 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 3 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 1648 South Prairie Avenue has a total of 2,731 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 attached 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 tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a 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. Prior to that sales transaction, the property was sold for $580,000 in Aug 20, 2004. Current property owners are expected to pay $15,887 in taxes per year. The property on 1648 South Prairie Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $77,000. To break that down further, the land itself was valued at $13,804. While improvements to the property were assessed at a total of $63,196. 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!

Building Features

Exterior

Brick Exterior
Stone 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
20220802 Unit 2
08/02/2022
2
3 Bed
3.5 Bath
2432 ft²
$875,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2432 ft²
-
-
-
Lauren Mitrick Wood
Compass

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 986
  • Total Building Area: 2,731
  • Gross Building Area: 2,731
  • Building Area: 2,731
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,731
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON PARK II TOWNHOMES
  • Land Acres: 0.023
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : PARROTT MARCUS
  • Current Owner 2: PARROTT LESLEE
  • Previous Owner : BOWENS ANNIE
  • Owner Before Previous Owner: KENSINGTON PARK II LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 330103

Zoning

  • Zoning: DX-5

Geography

  • District: 76
  • Parcel: 17-22-302-056-0000
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8589
  • Longitude: -87.6228

    Address

  • Full Address: 1648 S Indiana Ave
  • Address - House Number: 1648
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 1327
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,887
  • Tax Rate Code Area: 76084

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 907,711
  • High Value: 1,118,990
  • Low Value: 696,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 28, 2022
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $770,000
  • Market Land Value: $138,040
  • Market Improvement Value: $631,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,000
  • Assessed Land Value: $13,804
  • Assessed Improvements Value: $63,196

    Sales

  • Current Sale Contract Date: Oct 23, 2021
  • Current Sale Recording Date: Jan 28, 2022
  • Current Sale Transaction ID: 11886607947
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2202855062
  • Previous Sale Recording Date: Sep 02, 2004
  • Previous Sale Contract Date: Aug 20, 2004
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 28, 2022
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PARAGON HOME LENDING LLC
  • Previous Mortgage Transaction Date: Sep 02, 2004
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2034

About Central Chicago



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1648 South Prairie Avenue located in?
The 1648 South Prairie Avenue is a located in the neighborhood of Prairie District in Central Chicago, Chicago.
How many listings are currently for sale in 1648 South Prairie Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1648 South Prairie Avenue?
The average sales price for units in 1648 South Prairie Avenue is $850,000 , or $350/sqft. currently.

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