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1854 North Larrabee Street

1854 North Larrabee Street, Chicago, IL 60614
Property in Lincoln Park
Sold Jun 08, 2020
$634,000
$507,200 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2050
Local assessors in Chicago, IL have categorized 1854 North Larrabee Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 54,475 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1854 North Larrabee Street sold most recently in Apr 21, 2020 for a total of $634,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,432 in taxes each year. 1854 North Larrabee Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,000. If we break it down further, the land itself was valued at $23,356. Improvements to the property, however, were assessed at a total of $35,644. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,475
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LARRABEE COURT NUMBER2 CONDOMINIUM
  • Land Acres: 1.251
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UB-26 LARRABEE COURT 2 CONDO SW1/4 S33 T40N R14E

Ownership

  • Current Owner : CHANG CLEMENT H
  • Current Owner 2: CHANG LAUREN LAUREN
  • Previous Owner : JUDY GUYAUX
  • 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-5

Geography

  • Assessors Map Reference: 1-02N-110-02
  • District: 74
  • Parcel: 14-33-303-131-1026
  • Block: 2
  • Lot: 14
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9154
  • Longitude: -87.6439

    Address

  • Full Address: 1854 N Larrabee St
  • Address - House Number: 1854
  • Street Direction: N
  • Address - Street Name: Larrabee
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 5208
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,432
  • Tax Rate Code Area: 74026

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 76
  • Final Value: 713,222
  • High Value: 840,422
  • Low Value: 586,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $507,200
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 08, 2020
  • First Open Lien Mortgage Loan Amount: $507,200
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $233,560
  • Market Improvement Value: $356,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,000
  • Assessed Land Value: $23,356
  • Assessed Improvements Value: $35,644

    Sales

  • Current Sale Contract Date: Apr 21, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11764771385
  • Current Sale Price: $634,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016049045

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $507,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 1854 North Larrabee Street located in?
The 1854 North Larrabee Street is a other located in the neighborhood of Lincoln Park in North Side, Chicago.
What is the average sales price for listings in 1854 North Larrabee Street?
The average sales price for units in 1854 North Larrabee Street is $0 currently.

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