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17 East Goethe Street

17 East Goethe Street, Chicago, IL 60610
Property in Gold Coast
Sold Jul 17, 2013
$3,425,000
$390,000 by Gold Coast Bank (chicago Il)
Mortgage Due Jun 01, 2050
Sold Oct 06, 2006
$3,113,000
$2,000,000 by First Discount Mortgage Llc
Mortgage Due Sep 01, 2036
Local assessors in Chicago, IL have categorized 17 East Goethe 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 2,620 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 200 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 12 rooms in the home. Of these, 4 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 4 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 17 East Goethe Street has a total of 4,980 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 17 East Goethe Street was last sold in Jul 15, 2013 for $3,425,000. According to our calculations, that's $687.75 per sqft. Prior to that sales transaction, the property was sold for $3,113,000 in Aug 7, 2006. Current property owners are expected to pay $36,840 in taxes per year. The property on 17 East Goethe Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $182,530. To break that down further, the land itself was valued at $65,500. While improvements to the property were assessed at a total of $117,030. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,620
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 200
  • Total Building Area: 4,980
  • Gross Building Area: 4,980
  • Building Area: 4,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HALLBERGS SUB
  • Land Acres: 0.06
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (HALLBERGS) SUB OF LTS1-4 BLK5 OF H O STONES OF ASTOR S ADD TO CHGO & THAT PT LT11 OF ORIGINAL ASTORS ADD LYING E & N OF PRES

Ownership

  • Current Owner : FORTUNE RIDGES GLOBAL INC
  • Previous Owner : FELDMAN JOSEPH D
  • Previous Owner 2: FELDMAN CATHY H
  • Owner Before Previous Owner: GREAT LAKES TRUST CO NA
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080100

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02S-23-05
  • District: 74
  • Parcel: 17-03-109-013-0000
  • Block: 5,H,O
  • Lot: 1-4,1
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9056
  • Longitude: -87.628

    Address

  • Full Address: 17 E Goethe St
  • Address - House Number: 17
  • Street Direction: E
  • Address - Street Name: Goethe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 2312
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,840
  • Tax Rate Code Area: 74002

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,504,480
  • High Value: 1,731,559
  • Low Value: 1,277,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: GOLD COAST BANK (CHICAGO IL)
  • First Open Lien Mortgage Recording Date: Jul 09, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $390,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $1,825,300
  • Market Land Value: $655,000
  • Market Improvement Value: $1,170,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,530
  • Assessed Land Value: $65,500
  • Assessed Improvements Value: $117,030

    Sales

  • Current Sale Contract Date: Jul 15, 2013
  • Current Sale Recording Date: Jul 17, 2013
  • Current Sale Transaction ID: 1041991968
  • Current Sale Price: $3,425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1319845044
  • Previous Sale Recording Date: Oct 06, 2006
  • Previous Sale Contract Date: Aug 07, 2006
  • Previous Sale Amount: $3,113,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST DISCOUNT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 06, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Central Chicago



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Frequently Asked Questions

What neighborhood is 17 East Goethe Street located in?
The 17 East Goethe Street is a located in the neighborhood of Gold Coast in Central Chicago, Chicago.
What is the average sales price for listings in 17 East Goethe Street?
The average sales price for units in 17 East Goethe Street is $0 currently.

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