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1843 West Armitage Avenue

1843 West Armitage Avenue, Chicago, IL 60622
Multifamily in Bucktown
Sold Oct 22, 2020
$795,000
Sold Sep 30, 2015
$722,000
$541,500 by Bbmc Mortgage Llc
Mortgage Due Oct 01, 2045
1843 West Armitage Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1917 and is 107 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1843 West Armitage Avenue has 750 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 1843 West Armitage Avenue was last sold in Sep 9, 2020 for $795,000. According to our calculations, that's $1,060.00 per sqft. Prior to that sales transaction, the property was sold for $722,000 in Aug 3, 2015. Current property owners are expected to pay $12,499 in taxes per year. The property on 1843 West Armitage Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $60,563. To break that down further, the land itself was valued at $21,000. While improvements to the property were assessed at a total of $39,563. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 750
  • Gross Building Area: 750
  • Building Area: 750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHEFFIELDS ADD
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF BLKS17-18,20,23,28-31,33,38-41, BLK2 1 EX LTS1,6,12 & BLK32 EX LTS1-3,6-7 IN SHEFFIELDS ADD TO CHICAGO SUB I

Ownership

  • Current Owner : HERRERA JOSE E
  • Previous Owner : GOGIA JAYANT
  • Previous Owner 2: GOGIA AARTEE
  • Owner Before Previous Owner: ARMITAGE AVENUE SERIES OF THE RGCC MANAG
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831000

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 14-31-402-008-0000
  • Block: 1,2,6
  • Lot: 1-3,6
  • Meridian: SEC 32 TWN 40N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9176
  • Longitude: -87.6744

    Address

  • Full Address: 1843 W Armitage Ave
  • Address - House Number: 1843
  • Street Direction: W
  • Address - Street Name: Armitage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C061
  • 4-Digit Zip Code: 1098
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,499
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 866,492
  • High Value: 1,044,026
  • Low Value: 688,958

    Market Valuation

  • Market Total Value: $605,630
  • Market Land Value: $210,000
  • Market Improvement Value: $395,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,563
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $39,563

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793760688
  • Current Sale Price: $795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2029601057
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $722,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD COAST BANK CHICAGO IL
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $596,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BBMC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 30, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $541,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2045

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Frequently Asked Questions

What neighborhood is 1843 West Armitage Avenue located in?
The 1843 West Armitage Avenue is a multifamily located in the neighborhood of Bucktown in Northwest Side, Chicago.
What is the average sales price for listings in 1843 West Armitage Avenue?
The average sales price for units in 1843 West Armitage Avenue is $0 currently.

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