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Chicago 60616 Pilsen
1816 S Jefferson Street
$549,900
House - For Sale

1816 S Jefferson Street

Chicago, IL 60616
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1900 Sqft
$3,544
Estimated Monthly
$0
HOA / Fees
4.36%
Cap Rate

About This Property

2 lots with 1 single family house and a coach house on one lot. Has renters in both houses. Second lot could park up 14 cars in vacant lot. Could keep renters in one lot and build new homes in vacant lot. Great investment!

The manager has listed the unit size as 1900 square feet.
Unit Size
1,900Ft²
Days on Market
591 days
Land Size
-
Price per sqft
$289
Property Type
House
Property Taxes
$843
HOA Dues
-
Year Built
2016
Listed By
Last updated: 4 months ago (MREDIL #11628324)

Price History

Date / Event Date Event Price
Sep 15, 2022 No longer available -
No longer available
Sep 13, 2022 Listed by Compass Real Estate $549,900
Listed by Compass Real Estate
Jun 7, 2021 Listed by Compass $549,900
Listed by Compass
2 lots with 2 single family houses on one lot. Has renters in both houses. Second lot could park up 14 cars in vacant lot. Could keep renters in one lot and build new homes in vacant lot. Great investment!
Jun 6, 2021 No longer available -
No longer available
Apr 15, 2021 Relisted $569,900
Relisted
Show More

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Brick
Stucco
Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,232
  • Total Building Area: 1,573
  • Gross Building Area: 1,573
  • Building Area: 1,573
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,573
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORGANS SUB
  • Land Acres: 0.051
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VILLAGOMEZ ELIZABETH
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Owner Before Previous Owner: CHICAGO LAND & TITLE LLC SERIES II
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 310200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-21-317-022-0000
  • Block: 41
  • Lot: 68
  • Meridian: SEC 21 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.857
  • Longitude: -87.6431

    Address

  • Full Address: 1816 S Desplaines St
  • Address - House Number: 1816
  • Street Direction: S
  • Address - Street Name: Desplaines
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 1034
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,375
  • Tax Rate Code Area: 77002

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 627,554
  • High Value: 773,624
  • Low Value: 481,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $394,000
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $394,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2046

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $66,960
  • Market Improvement Value: $423,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,000
  • Assessed Land Value: $6,696
  • Assessed Improvements Value: $42,304

    Sales

  • Current Sale Contract Date: Dec 14, 2016
  • Current Sale Recording Date: Jan 11, 2017
  • Current Sale Transaction ID: 1929650640
  • Current Sale Price: $540,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1701146017
  • Previous Sale Recording Date: Oct 20, 2014
  • Previous Sale Contract Date: Sep 08, 2014
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 11, 2017
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON FEDERAL BANK OF SAV
  • Previous Mortgage Transaction Date: Oct 20, 2014
  • Previous Mortgage Loan Amount: $244,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2.5 Baths
1,600 ft²
$359/ft²
$574,999 Apr 13, 2023
-
$1,896/mo
House
2 Beds
2 Baths
1,600 ft²
$319/ft²
$510,000 Nov 29, 2022
-
$1,530/mo
House
2 Beds
2 Baths
1,592 ft²
$314/ft²
$500,000 Sep 8, 2022
-
$2,064/mo
House
2 Beds
2 Baths
1,500 ft²
$383/ft²
$574,999 Apr 13, 2023
-
$1,274/mo
House
2 Beds
2 Baths
1,492 ft²
$318/ft²
$474,900 Jan 12, 2023
-
$1,658/mo
House
2 Beds
2 Baths
1,250 ft²
$398/ft²
$498,000 Mar 29, 2023
-
$768/mo
House
3 Beds
3 Baths
1,890 ft²
$270/ft²
$510,000 Apr 13, 2023
-
$620/mo
Townhouse
2 Beds
2 Baths
1,981 ft²
$247/ft²
$490,000 Mar 17, 2023
-
$1,106/mo
House
3 Beds
2 Baths
1,600 ft²
$328/ft²
$525,000 Apr 5, 2023
-
$1,584/mo
Multifamily
3 Beds
2.5 Baths
1,975 ft²
$248/ft²
$489,900 May 5, 2022
-
$860/mo
Townhouse
3 Beds
2 Baths
2,000 ft²
$237/ft²
$474,900 Mar 31, 2023
-
$956/mo
Multifamily
2 Beds
2 Baths
-
$499,000 Apr 18, 2023
-
$1,301/mo

About West Side


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Frequently Asked Questions

When was property at 1816 South Jefferson Street built and last sold?
The property at 1816 South Jefferson Street was built in 2016 and last sold on Dec 14, 2016 for $540,000.
How much is this home worth?
The estimated value of the home located at 1816 South Jefferson Street is $557,927.
What are some comparable homes to 1816 South Jefferson Street?
Homes that are comparable to 1816 South Jefferson Street include a house property at 1525 South Sangamon Street, a multifamily property at 1530 South State Street, a house property at 1033 West 14th Place.

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