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1755 West Wellington Avenue

1755 West Wellington Avenue, Chicago, IL 60657
Property in Lakeview
Sold Sep 22, 2016
$620,000
$434,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2046
Sold Aug 30, 2012
$255,000
$200,000
Mortgage Due Aug 01, 2027
1755 West Wellington Avenue in Chicago, IL was first built in 2001 and is 23 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 modern style. There are a total of 3 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1755 West Wellington Avenue has 1,842 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 1,350 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 attached garage. There are a total of 2 available parking spaces. 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 central air conditioning. As for heating, the home is utilizing a heating system. 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, 1755 West Wellington Avenue was last sold in Sep 7, 2016 for $620,000. According to our calculations, that's $336.59 per sqft. Prior to that sales transaction, the property was sold for $255,000 in Jul 28, 2012. Current property owners are expected to pay $10,403 in taxes per year. The property on 1755 West Wellington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $54,000. To break that down further, the land itself was valued at $20,250. While improvements to the property were assessed at a total of $33,750. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • 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: 1,350
  • Total Building Area: 1,842
  • Gross Building Area: 1,842
  • Building Area: 1,842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,842
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON PARK
  • Land Acres: 0.031
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : GUSTAFSON TIMOTHY B
  • Current Owner 2: GUSTAFSON KATHERINE B
  • Previous Owner : SCHATZ DAVID R
  • Previous Owner 2: WEST ROBERT C
  • Owner Before Previous Owner: XAMPLAS GEORGE C
  • Owner Before Previous Owner 2: XAMPLAS RENEE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062600

Zoning

  • Zoning: PD 691

Geography

  • District: 73
  • Parcel: 14-30-223-209-0000
  • Lot: 1
  • Municipality: LAKE VIEW
  • Latitude: 41.9358
  • Longitude: -87.6731

    Address

  • Full Address: 1755 W Wellington Ave
  • Address - House Number: 1755
  • Street Direction: W
  • Address - Street Name: Wellington
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C081
  • 4-Digit Zip Code: 4154
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,403
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 678,416
  • High Value: 833,325
  • Low Value: 523,506

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $509,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 22, 2016
  • First Open Lien Mortgage Loan Amount: $434,000
  • 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: Oct 01, 2046
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 26, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 17, 2048

    Market Valuation

  • Market Total Value: $540,000
  • Market Land Value: $202,500
  • Market Improvement Value: $337,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,000
  • Assessed Land Value: $20,250
  • Assessed Improvements Value: $33,750

    Sales

  • Current Sale Contract Date: Sep 07, 2016
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Transaction ID: 1775789657
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1626656136
  • Previous Sale Recording Date: Aug 30, 2012
  • Previous Sale Contract Date: Jul 28, 2012
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 22, 2016
  • First Mortgage Loan Amount: $434,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Previous Mortgages

  • Previous Mortgage Transaction Date: Aug 30, 2012
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2027

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Frequently Asked Questions

What neighborhood is 1755 West Wellington Avenue located in?
The 1755 West Wellington Avenue is a located in the neighborhood of Lakeview in North Side, Chicago.
What is the average sales price for listings in 1755 West Wellington Avenue?
The average sales price for units in 1755 West Wellington Avenue is $0 currently.

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