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1841 South Prairie Parkway

1841 South Prairie Parkway, Chicago, IL 60616
Property in Prairie District
1 Units For Sale
Unit for sale at 1841 S Prairie Parkway, Chicago, IL 60616

$850,000 In Contract

  • 3 Beds
  • 4 Baths
  • 2,500 ft²
1841 S Prairie Parkway, Chicago, IL 60616 Listing by Nadine Ferrata

Local assessors in Chicago, IL have categorized 1841 South Prairie Parkway as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 173 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 5 rooms in the home. Of these, 2 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 2 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 1841 South Prairie Parkway has a total of 2,205 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. 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 masonry 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 masonry 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. The property was last sold in Sep 19, 2005 for $2,012,000. That's $912.47 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2004 for $560,000. 1841 South Prairie Parkway was last assessed in 2023. The total value of the property was assessed at $8,072. Specifically, the land the property is located on was valued at $2,422. While improvements on the property were assessed at a total of $5,650. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,595. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

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

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 173
  • Total Building Area: 2,205
  • Gross Building Area: 2,205
  • Building Area: 2,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,205
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAM JONES ADD/CHICAGO
  • Land Acres: 0.004
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : MOORE JILL
  • Previous Owner : MANSIONS OF PRAIRIE PLACE LLC
  • Owner Before Previous Owner: SULLIVAN KAREN

Neighborhood

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

Zoning

  • Zoning: PD 764

Geography

  • District: 76
  • Parcel: 17-22-309-107-0000
  • Lot: 2
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8566
  • Longitude: -87.6201

    Address

  • Full Address: 1841 S Prairie Pkwy
  • Address - House Number: 1841
  • Street Direction: S
  • Address - Street Name: Prairie
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 4389
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,595
  • Tax Rate Code Area: 76084

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 128,084
  • High Value: 151,360
  • Low Value: 104,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • First Open Lien Mortgage Recording Date: Mar 27, 2009
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2039

    Market Valuation

  • Market Total Value: $80,720
  • Market Land Value: $24,220
  • Market Improvement Value: $56,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,072
  • Assessed Land Value: $2,422
  • Assessed Improvements Value: $5,650

    Sales

  • Current Sale Contract Date: Sep 19, 2005
  • Current Sale Recording Date: Dec 15, 2005
  • Current Sale Transaction ID: 1177386889
  • Current Sale Price: $2,012,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0534945058
  • Previous Sale Recording Date: Apr 22, 2004
  • Previous Sale Contract Date: Mar 25, 2004
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY BANK
  • First Mortgage Transaction Date: Dec 15, 2005
  • First Mortgage Loan Amount: $1,410,000
  • First Mortgage Terms: 360
  • First 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 Mortgage Loan Due Date: Oct 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AIRMORTGAGE COM INC
  • Previous Mortgage Transaction Date: Apr 22, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $333,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2034

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1841 South Prairie Parkway located in?
The 1841 South Prairie Parkway is a located in the neighborhood of Prairie District in Central Chicago, Chicago.
How many listings are currently for sale in 1841 South Prairie Parkway?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1841 South Prairie Parkway?
The average sales price for units in 1841 South Prairie Parkway is $850,000 , or $340/sqft. currently.

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