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1928 North Lincoln Avenue

1928 North Lincoln Avenue, Chicago, IL 60614
Multifamily in Old Town Triangle
1 Units For Sale
Unit for sale at 1928 N Lincoln Avenue, Chicago, IL 60614

$1,285,000

  • 6 Beds
1928 N Lincoln Avenue, Chicago, IL 60614 Listing by Matthew Liss

Local assessors in Chicago, IL have categorized 1928 North Lincoln Avenue as a residential type of property. The home was built in 1870 and is 154 years old. The property's lot size has been calculated to be 2,035 square feet. The linear feet between the front and back of the lot was measured at 600 ft and the front of the lot was measured at 200 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 6 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 1928 North Lincoln Avenue has a total of 3,309 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. The property was last sold in Mar 18, 2024 for $1,250,000. That's $377.76 per sqft. 1928 North Lincoln Avenue was last assessed in 2023. The total value of the property was assessed at $95,225. Specifically, the land the property is located on was valued at $25,438. While improvements on the property were assessed at a total of $69,787. 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 $18,320. 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
Stone Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230109
01/09/2023
6 Bed
-
-
$1,285,000
bedrooms
6 Bed
bathrooms
-
-
-
-
Matthew Liss
Mark Allen Realty, LLC

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • 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: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,035
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 200
  • Total Building Area: 3,309
  • Gross Building Area: 3,309
  • Building Area: 3,309
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,309
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARMSTRONGS
  • Land Acres: 0.047
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : HENSEL JOEL
  • Current Owner 2: BRYSKI CAITLIN
  • Previous Owner : TZADIK LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 02N-128-01
  • District: 74
  • Parcel: 14-33-401-033-0000
  • Lot: 3
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9171
  • Longitude: -87.6375

    Address

  • Full Address: 1928 N Lincoln Ave
  • Address - House Number: 1928
  • Street Direction: N
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C070
  • 4-Digit Zip Code: 5404
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,320
  • Tax Rate Code Area: 74001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 887,886
  • High Value: 1,021,899
  • Low Value: 753,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $937,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY, LLC
  • First Open Lien Mortgage Recording Date: Mar 20, 2024
  • First Open Lien Mortgage Loan Amount: $937,500
  • 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, 2054

    Market Valuation

  • Market Total Value: $952,250
  • Market Land Value: $254,380
  • Market Improvement Value: $697,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,225
  • Assessed Land Value: $25,438
  • Assessed Improvements Value: $69,787

    Sales

  • Current Sale Contract Date: Mar 18, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Transaction ID: 11922993945
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2247
  • Previous Sale Recording Date: Jan 31, 2022
  • Previous Sale Contract Date: Jan 07, 2022
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY, LLC
  • First Mortgage Transaction Date: Mar 20, 2024
  • First Mortgage Loan Amount: $937,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: HINSDALE BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jan 31, 2022
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $790,300

About Central Chicago



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Frequently Asked Questions

What neighborhood is 1928 North Lincoln Avenue located in?
The 1928 North Lincoln Avenue is a multifamily located in the neighborhood of Old Town Triangle in Central Chicago, Chicago.
How many listings are currently for sale in 1928 North Lincoln Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1928 North Lincoln Avenue?
The average sales price for units in 1928 North Lincoln Avenue is $1,285,000 currently.

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