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1657 North Bell Avenue

1657 North Bell Avenue, Chicago, IL 60647
Property in Bucktown
Sold Sep 01, 2023
$1,400,000
$1,050,000 by Gold Coast Bank
Mortgage Due Sep 01, 2053
Sold Oct 03, 1996
Transfer
1657 North Bell Avenue in Chicago, IL was first built in 1899 and is 125 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 24 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 1657 North Bell Avenue has 5,994 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,625 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1657 North Bell Avenue sold most recently in Aug 23, 2023 for a total of $1,400,000. If you work out the math, that's approximately a cost of $233.57 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $27,245 in taxes each year. 1657 North Bell Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $132,460. If we break it down further, the land itself was valued at $29,000. Improvements to the property, however, were assessed at a total of $103,460. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Total Rooms: 24
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • 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: 6
  • Business/Commerical Units Count: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,625
  • Total Building Area: 5,994
  • Gross Building Area: 5,994
  • Building Area: 5,994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,994
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORLEYS & ALLENS
  • Land Acres: 0.083
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: NORTH4 FT LOT16 & ALL LOT17 E298.5 FT N 3.5 CHAINS S 10 CHAINS S2 SW4 SEC31 TWP40N RNG14E 3P

Ownership

  • Current Owner : 1657 N BELL LLC
  • Previous Owner : EIB PROPERTIES LLC
  • Owner Before Previous Owner: AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 240500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 14-31-328-107-0000
  • Lot: 16
  • Meridian: SEC 31 TWN 40N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9121
  • Longitude: -87.6833

    Address

  • Full Address: 1657 N Bell Ave
  • Address - House Number: 1657
  • Street Direction: N
  • Address - Street Name: Bell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 5457
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,245
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: GOLD COAST BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2023
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $1,324,600
  • Market Land Value: $290,000
  • Market Improvement Value: $1,034,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,460
  • Assessed Land Value: $29,000
  • Assessed Improvements Value: $103,460

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912003042
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33070
  • Previous Sale Recording Date: Oct 03, 1996
  • Previous Sale Contract Date: Jan 22, 1996
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GOLD COAST BANK
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

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Frequently Asked Questions

What neighborhood is 1657 North Bell Avenue located in?
The 1657 North Bell Avenue is a located in the neighborhood of Bucktown in Northwest Side, Chicago.
What is the average sales price for listings in 1657 North Bell Avenue?
The average sales price for units in 1657 North Bell Avenue is $0 currently.

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