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1932 West Race Avenue

1932 West Race Avenue, Chicago, IL 60622
Property in West Town
Sold Oct 17, 2022
$430,000
$322,500 by Hometrust Mortgage Corporation
Mortgage Due Nov 01, 2052
Sold Sep 26, 2005
$410,000
$328,000 by Westamerica Mortgage Co
Mortgage Due Oct 01, 2035
1932 West Race Avenue in Chicago, IL was first built in 1880 and is 144 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1932 West Race Avenue has 1,760 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 2,280 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 frame 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 wood. 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 heating system. The property was last sold in Oct 14, 2022 for $430,000. That's $244.32 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2005 for $410,000. 1932 West Race Avenue was last assessed in 2023. The total value of the property was assessed at $57,000. Specifically, the land the property is located on was valued at $13,680. While improvements on the property were assessed at a total of $43,320. 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 $11,724. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,280
  • Total Building Area: 1,760
  • Gross Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COCHRANS SUB
  • Land Acres: 0.052
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: J W (COCHRANS) SUB OF N PT BLK20 IN CANAL TRUSTEES SU B OF SEC 07-39-14

Ownership

  • Current Owner : JONJEVIC JEFFREY M
  • Current Owner 2: BERGMARK KIMBERLY L
  • Previous Owner : DANIEL V PORTINCASO V
  • Previous Owner 2: DANIEL BARBARA A
  • Owner Before Previous Owner: KALINER JEFFREY S

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-07-216-036-0000
  • Block: 20
  • Lot: 39
  • Meridian: SEC 07 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8918
  • Longitude: -87.6758

    Address

  • Full Address: 1932 W Race Ave
  • Address - House Number: 1932
  • Street Direction: W
  • Address - Street Name: Race
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 6248
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,724
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 659,394
  • High Value: 758,919
  • Low Value: 559,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,500
  • First Open Lien Mortgage Lender: HOMETRUST MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Loan Amount: $322,500
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $570,000
  • Market Land Value: $136,800
  • Market Improvement Value: $433,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,000
  • Assessed Land Value: $13,680
  • Assessed Improvements Value: $43,320

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11905427196
  • Current Sale Price: $430,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 57007
  • Previous Sale Recording Date: Sep 26, 2005
  • Previous Sale Contract Date: Sep 22, 2005
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Oct 17, 2022
  • First Mortgage Loan Amount: $322,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WESTAMERICA MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 26, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $328,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

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

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