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1718 South Prairie Avenue

1718 South Prairie Avenue, Chicago, IL 60616
Property in Prairie District
1 Units For Sale
Unit for sale at 1718 S Prairie Avenue, Chicago, IL 60616

$1,130,000

  • 4 Beds
  • 4.5 Baths
  • 2,798 ft²
1718 S Prairie Avenue #3, Chicago, IL 60616 Listing by Daniel Xia

Local assessors in Chicago, IL have categorized 1718 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 966 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, 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 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 1718 South Prairie Avenue has a total of 2,511 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. 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 stucco 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. 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, 1718 South Prairie Avenue sold most recently in May 10, 2016 for a total of $799,000. If you work out the math, that's approximately a cost of $318.20 per sqft. Before that, the property was also sold for $727,500 in Jun 11, 2007. 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 $16,213 in taxes each year. 1718 South Prairie Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,000. If we break it down further, the land itself was valued at $13,524. Improvements to the property, however, were assessed at a total of $68,476. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240228 Unit 3
02/28/2024
3
4 Bed
4.5 Bath
2798 ft²
$1,150,000
bedrooms
4 Bed
bathrooms
4.5 Bath
square feet
2798 ft²
-
-
-
Daniel Xia
Compass

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • 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: 966
  • Total Building Area: 2,511
  • Gross Building Area: 2,511
  • Building Area: 2,511
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,511
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON PARK 02 TWNHMS
  • Land Acres: 0.022
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : JAITLI ANOOP
  • Current Owner 2: JOSHI ADITI
  • Previous Owner : MCNALLY WILLIAM
  • Previous Owner 2: MCNALLY JACLYN
  • Owner Before Previous Owner: THE AEOLIAN M JACKSON REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: DX-5

Geography

  • District: 76
  • Parcel: 17-22-302-069-0000
  • Lot: 17
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8585
  • Longitude: -87.6227

    Address

  • Full Address: 1718 S Indiana Ave
  • Address - House Number: 1718
  • Street Direction: S
  • Address - Street Name: Indiana
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 1302
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,213
  • Tax Rate Code Area: 76084

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 931,826
  • High Value: 1,144,599
  • Low Value: 719,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $498,000
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $498,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $820,000
  • Market Land Value: $135,240
  • Market Improvement Value: $684,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,000
  • Assessed Land Value: $13,524
  • Assessed Improvements Value: $68,476

    Sales

  • Current Sale Contract Date: May 10, 2016
  • Current Sale Recording Date: May 27, 2016
  • Current Sale Transaction ID: 1583179976
  • Current Sale Price: $799,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1614822060
  • Previous Sale Recording Date: Aug 13, 2007
  • Previous Sale Contract Date: Jun 11, 2007
  • Previous Sale Amount: $727,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 27, 2016
  • First Mortgage Loan Amount: $679,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Aug 13, 2007
  • Previous Mortgage Loan Amount: $582,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1718 South Prairie Avenue located in?
The 1718 South Prairie Avenue is a located in the neighborhood of Prairie District in Central Chicago, Chicago.
How many listings are currently for sale in 1718 South Prairie Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1718 South Prairie Avenue?
The average sales price for units in 1718 South Prairie Avenue is $1,130,000 , or $404/sqft. currently.

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