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1850 North Orchard Street

1850 North Orchard Street, Chicago, IL 60614
Sold Jul 22, 2020
$1,855,000
$1,469,000 by Crosscountry Mortgage Llc
Mortgage Due Apr 01, 2051
Sold Aug 14, 2013
$1,675,000
$1,256,250 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2043
1850 North Orchard Street in Chicago, IL was first built in 1894 and is 130 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 multifamily style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1850 North Orchard Street has 2,466 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. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 2,904 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. For those who need parking, there is a no garage. 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 air conditioning. As for heating, the home is utilizing a hot water 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, 1850 North Orchard Street was last sold in Jun 12, 2020 for $1,855,000. According to our calculations, that's $752.23 per sqft. Prior to that sales transaction, the property was sold for $1,675,000 in Jul 25, 2013. Current property owners are expected to pay $21,691 in taxes per year. The property on 1850 North Orchard Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $105,460. To break that down further, the land itself was valued at $36,300. While improvements to the property were assessed at a total of $69,160. 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.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
Exterior Insulation Finishing System
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1894
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,904
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,466
  • Gross Building Area: 2,466
  • Building Area: 2,466
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,466
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OERTELS SUB
  • Land Acres: 0.067
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (OERTELS) SUB OF S44FT EH LT21 IN BLK2 OF SHEFFIELDS ADD TO CHICAGO IN SECS29,31,32 & SEC 33-40-14

Ownership

  • Current Owner : KESSLER BRADLEY
  • Current Owner 2: SILVER HAYLEY
  • Previous Owner : POWILLS NICHOLAS L
  • Previous Owner 2: POWILLS NICHOLAS L
  • Owner Before Previous Owner: LAURIA GERALD A
  • Owner Before Previous Owner 2: LAURIA THOMAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071800

Zoning

  • Zoning: RM-4.5

Geography

  • Assessors Map Reference: 02N-108-02
  • District: 74
  • Parcel: 14-33-301-086-0000
  • Block: 2
  • Lot: 21
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9154
  • Longitude: -87.6464

    Address

  • Full Address: 1850 N Orchard St
  • Address - House Number: 1850
  • Street Direction: N
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 5106
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,691
  • Tax Rate Code Area: 74026

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,469,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,469,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $1,054,600
  • Market Land Value: $363,000
  • Market Improvement Value: $691,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,460
  • Assessed Land Value: $36,300
  • Assessed Improvements Value: $69,160

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jul 22, 2020
  • Current Sale Transaction ID: 11773769024
  • Current Sale Price: $1,855,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020421353
  • Previous Sale Recording Date: Aug 14, 2013
  • Previous Sale Contract Date: Jul 25, 2013
  • Previous Sale Amount: $1,675,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 22, 2020
  • First Mortgage Loan Amount: $1,484,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 14, 2013
  • Previous Mortgage Loan Amount: $1,256,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About North Side



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Frequently Asked Questions

What neighborhood is 1850 North Orchard Street located in?
The 1850 North Orchard Street is a house located in the neighborhood of Lincoln Park in North Side, Chicago.
What is the average sales price for listings in 1850 North Orchard Street?
The average sales price for units in 1850 North Orchard Street is $0 currently.

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