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1932 South Ridgeway Avenue

1932 South Ridgeway Avenue, Chicago, IL 60623
Property in Lawndale
Sold Apr 12, 2001
Transfer
$252,000 by Urban Financial Group
Mortgage
1932 South Ridgeway Avenue in Chicago, IL was first built in 1910 and is 114 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1932 South Ridgeway Avenue has 1,026 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. In total, the area measurement of the land is 2,900 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1932 South Ridgeway Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,000. If we break it down further, the land itself was valued at $2,651. Improvements to the property, however, were assessed at a total of $2,349. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,900
  • Total Building Area: 1,026
  • Gross Building Area: 1,026
  • Building Area: 1,026
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNINGS SUB
  • Land Acres: 0.067
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (DOWNINGS) SUB OF LTS 7-14 KEDZIES SUB IN SW SEC 23-39-13

Ownership

  • Current Owner : FANE CALLIE
  • Current Owner 2: JOHNSON HENRY LEE
  • Previous Owner : FANE CALLIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 292200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-23-321-032-0000
  • Lot: 7-14
  • Meridian: SEC 23 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.854
  • Longitude: -87.719

    Address

  • Full Address: 1932 S Ridgeway Ave
  • Address - House Number: 1932
  • Street Direction: S
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 2562
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 77125

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 145,749
  • High Value: 179,030
  • Low Value: 112,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: URBAN FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Oct 26, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $252,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $26,510
  • Market Improvement Value: $23,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $2,651
  • Assessed Improvements Value: $2,349

    Sales

  • Current Sale Contract Date: Mar 22, 2001
  • Current Sale Recording Date: Apr 12, 2001
  • Current Sale Transaction ID: 1177274614
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 0010294924

    Last Sale Mortgage

  • First Mortgage Lender: PILLAR FINANCIAL
  • First Mortgage Transaction Date: Apr 12, 2001
  • First Mortgage Loan Amount: $91,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2031

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Frequently Asked Questions

What neighborhood is 1932 South Ridgeway Avenue located in?
The 1932 South Ridgeway Avenue is a located in the neighborhood of Lawndale in West Side, Chicago.
What is the average sales price for listings in 1932 South Ridgeway Avenue?
The average sales price for units in 1932 South Ridgeway Avenue is $0 currently.

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