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1729 North Fairfield Avenue

1729 North Fairfield Avenue, Chicago, IL 60647
Multifamily in Logan Square
Sold Jun 11, 2019
$648,000
$480,000 by Homeland Mortgage Co
Mortgage Due Nov 01, 2051
Sold Sep 01, 2009
$115,000
Local assessors in Chicago, IL have categorized 1729 North Fairfield Avenue as a residential type of property. The home was built in 1892 and is 132 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 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 10 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 1729 North Fairfield Avenue has a total of 1,873 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 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 frame 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 asphalt. Lots of wood 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, 1729 North Fairfield Avenue was last sold in May 29, 2019 for $648,000. According to our calculations, that's $345.97 per sqft. Prior to that sales transaction, the property was sold for $115,000 in Jul 29, 2009. Current property owners are expected to pay $9,873 in taxes per year. The property on 1729 North Fairfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,001. To break that down further, the land itself was valued at $14,063. While improvements to the property were assessed at a total of $33,938. 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. 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. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,873
  • Gross Building Area: 1,873
  • Building Area: 1,873
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,873
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAYS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JOHN M (WAYS) SUB OF LTS1-5 IN BLK6 BORDENS SUB OF WH SE SEC 36-40-13

Ownership

  • Current Owner : CHENG QI BO
  • Current Owner 2: CHENG JI
  • Previous Owner : LAVI SHARONI
  • Previous Owner 2: LAVI HILLA
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 240700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 010-118-01
  • District: 77
  • Parcel: 13-36-418-012-0000
  • Block: 6
  • Lot: 1-5
  • Meridian: SEC 36 TWN 40N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9129
  • Longitude: -87.6955

    Address

  • Full Address: 1729 N Fairfield Ave
  • Address - House Number: 1729
  • Street Direction: N
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C024
  • 4-Digit Zip Code: 6931
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,873
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 496,207
  • High Value: 622,997
  • Low Value: 369,416

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: HOMELAND MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $480,010
  • Market Land Value: $140,630
  • Market Improvement Value: $339,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,001
  • Assessed Land Value: $14,063
  • Assessed Improvements Value: $33,938

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: Jun 11, 2019
  • Current Sale Transaction ID: 11612517861
  • Current Sale Price: $648,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1916255289
  • Previous Sale Recording Date: Sep 01, 2009
  • Previous Sale Contract Date: Jul 29, 2009
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Jun 11, 2019
  • First Mortgage Loan Amount: $486,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1729 North Fairfield Avenue located in?
The 1729 North Fairfield Avenue is a multifamily located in the neighborhood of Logan Square in Northwest Side, Chicago.
What is the average sales price for listings in 1729 North Fairfield Avenue?
The average sales price for units in 1729 North Fairfield Avenue is $0 currently.

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