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1648 West Ontario Street

1648 West Ontario Street, Chicago, IL 60622
Multifamily in West Town
Local assessors in Chicago, IL have categorized 1648 West Ontario Street as a residential type of property. The home was built in 1891 and is 133 years old. The property's lot size has been calculated to be 1,680 square feet. The linear feet between the front and back of the lot was measured at 700 ft and the front of the lot was measured at 240 ft. 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 18 rooms in the home. Of these, 9 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 3 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 West Ontario Street has a total of 2,613 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 no garage for those who need a place to park their vehicle. 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 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. Based on our sources, 1648 West Ontario Street was last sold in Jul 25, 2019 for $645,000. According to our calculations, that's $246.84 per sqft. Prior to that sales transaction, the property was sold for $615,000 in Aug 6, 2007. Current property owners are expected to pay $11,313 in taxes per year. The property on 1648 West Ontario Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $55,000. To break that down further, the land itself was valued at $10,080. While improvements to the property were assessed at a total of $44,920. 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
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190514
05/14/2019
6 Bed
-
-
$679,900
bedrooms
6 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1891
  • Effective Year Built: 1891
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,680
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,613
  • Gross Building Area: 2,613
  • Building Area: 2,613
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,613
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HULLS SUB
  • Land Acres: 0.039
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: C J (HULLS) SUB OF SH BLK16 IN CANAL TRUSTEES SUB IN SEC 07-39-14

Ownership

  • Current Owner : HOBBS MARLAND HENRY
  • Previous Owner : ZIMEMAN JOSEPH
  • Owner Before Previous Owner: MCMANUS BRIAN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-07-215-024-0000
  • Block: 16
  • Lot: 44
  • Meridian: SEC 07 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8929
  • Longitude: -87.6691

    Address

  • Full Address: 1648 W Ontario St
  • Address - House Number: 1648
  • Street Direction: W
  • Address - Street Name: Ontario
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 5285
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,313
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 530,599
  • High Value: 666,177
  • Low Value: 395,020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 03, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $595,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $100,800
  • Market Improvement Value: $449,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,000
  • Assessed Land Value: $10,080
  • Assessed Improvements Value: $44,920

    Sales

  • Current Sale Contract Date: Jul 25, 2019
  • Current Sale Recording Date: Sep 26, 2019
  • Current Sale Transaction ID: 11657071101
  • Current Sale Price: $645,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1926949197
  • Previous Sale Recording Date: Aug 13, 2007
  • Previous Sale Contract Date: Aug 06, 2007
  • Previous Sale Amount: $615,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF BROOKFI
  • First Mortgage Transaction Date: Sep 26, 2019
  • First Mortgage Loan Amount: $590,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Sep 22, 2020

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 13, 2007
  • Previous Mortgage Loan Amount: $430,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2037

About West Side



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Frequently Asked Questions

What neighborhood is 1648 West Ontario Street located in?
The 1648 West Ontario Street is a multifamily located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 1648 West Ontario Street?
The average sales price for units in 1648 West Ontario Street is $0 currently.

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