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1823 North Sedgwick Street

1823 North Sedgwick Street, Chicago, IL 60614
2 Units For Sale
Unit for sale at 1823 N Sedgwick Street, Chicago, IL 60614

$1,800,000

  • 3 Beds
  • 3 Baths
1823 N Sedgwick Street #2N, Chicago, IL 60614 Listing by Patrick Teets

Unit for sale at 1823 N Sedgwick Street, Chicago, IL 60614

$1,800,000

  • 3 Beds
  • 3 Baths
1823 N Sedgwick Street #2N, Chicago, IL 60614 Listing by Patrick Teets

Local assessors in Chicago, IL have categorized 1823 North Sedgwick Street as a residential type of property. The home was built in 1880 and is 144 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 250 ft and the front of the lot was measured at 1,250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown 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 4 full bathrooms. There are also 5 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 1823 North Sedgwick Street has a total of 2,760 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 3 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. 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 tar and gravel. Lots of wood 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, 1823 North Sedgwick Street was last sold in Jun 27, 2005 for $1,250,000. According to our calculations, that's $452.90 per sqft. Prior to that sales transaction, the property was sold for $233,333 in Oct 28, 1993. Current property owners are expected to pay $30,214 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1823 North Sedgwick Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $150,319. To break that down further, the land itself was valued at $39,063. While improvements to the property were assessed at a total of $111,256. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Condition

New Construction

Exterior

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

11 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230508 Unit 2N
05/08/2023
2N
3 Bed
3 Bath
-
$1,800,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20230529 Unit 2S
05/29/2023
2S
3 Bed
3 Bath
-
$1,885,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20230823 Unit 3N
08/23/2023
3N
3 Bed
3 Bath
-
$1,850,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20230508 Unit PHN
05/08/2023
PHN
3 Bed
3 Bath
-
$2,200,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20230426 Unit 3S
04/26/2023
3S
3 Bed
3 Bath
-
$1,995,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20230221 Unit 1S
02/21/2023
1S
4 Bed
4 Bath
-
$1,950,000
bedrooms
4 Bed
bathrooms
4 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20221122 Unit PHS
11/22/2022
PHS
3 Bed
3 Bath
-
$2,550,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20220608 Unit 1N
06/08/2022
1N
4 Bed
4 Bath
-
$1,875,000
bedrooms
4 Bed
bathrooms
4 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20220608 Unit PHN
06/08/2022
PHN
3 Bed
3 Bath
-
$2,200,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20220608 Unit 2N
06/08/2022
2N
3 Bed
3 Bath
-
$1,800,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Patrick Teets
Jameson Sotheby's Intl Realty
20200626
06/26/2020
3 Bed
4 Bath
-
$2,300,000
bedrooms
3 Bed
bathrooms
4 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,760
  • Gross Building Area: 2,760
  • Building Area: 2,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WARDS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E (WARDS) SUB OF BLK44 OF CANAL TRUSTEES SUB OF NH & NH SE & EH SW SEC 33-40-14

Ownership

  • Current Owner : DUSTON THOMAS
  • Current Owner 2: TAUSSIG ELAINE
  • Previous Owner : BALDWIN DANIEL
  • Previous Owner 2: BALDWIN LUCY
  • Owner Before Previous Owner: PALORMO SAMUEL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071500

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02N-128-04
  • District: 74
  • Parcel: 14-33-407-019-0000
  • Block: 44
  • Lot: 63
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9154
  • Longitude: -87.6372

    Address

  • Full Address: 1823 N Orleans St
  • Address - House Number: 1823
  • Street Direction: N
  • Address - Street Name: Orleans
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C102
  • 4-Digit Zip Code: 5303
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,214
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 74001

    Appraisal Valuation

  • Standard Deviation: 0.2542
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 1,565,192
  • High Value: 1,963,088
  • Low Value: 1,167,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 29, 2005
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $1,503,190
  • Market Land Value: $390,630
  • Market Improvement Value: $1,112,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,319
  • Assessed Land Value: $39,063
  • Assessed Improvements Value: $111,256

    Sales

  • Current Sale Contract Date: Jun 27, 2005
  • Current Sale Recording Date: Jul 05, 2005
  • Current Sale Transaction ID: 1073069437
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0518603062
  • Previous Sale Recording Date: Jan 11, 1994
  • Previous Sale Contract Date: Oct 28, 1993
  • Previous Sale Amount: $233,333
  • Previous Sale Document Type: Joint Tenancy Deed

    Previous Mortgages

  • Previous Mortgage Lender: LASALLE TALMAN BANK FSB
  • Previous Mortgage Transaction Date: Jan 11, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2023

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1823 North Sedgwick Street located in?
The 1823 North Sedgwick Street is a house located in the neighborhood of Old Town Triangle in Central Chicago, Chicago.
How many listings are currently for sale in 1823 North Sedgwick Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 1823 North Sedgwick Street?
The average sales price for units in 1823 North Sedgwick Street is $1,800,000 currently.

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