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1951 North Cleveland Avenue

1951 North Cleveland Avenue, Chicago, IL 60614
Property in Lincoln Park
Sold Oct 02, 1998
$165,000
$175,500 by Newrez Community Lending Llc
Mortgage Due Dec 01, 2034
Sold Apr 04, 1995
$115,000
$103,500 by Ryland Mtg Co
Mortgage Due May 01, 2025
Local assessors in Chicago, IL have categorized 1951 North Cleveland Avenue as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 5,658 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 3 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 1951 North Cleveland Avenue has a total of 12,215 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 attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 20, 1998 for $165,000. That's $13.51 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 1995 for $115,000. 1951 North Cleveland Avenue was last assessed in 2023. The total value of the property was assessed at $40,000. Specifically, the land the property is located on was valued at $7,348. While improvements on the property were assessed at a total of $32,652. 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 $7,524. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 8
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,658
  • Total Building Area: 12,215
  • Gross Building Area: 12,215
  • Building Area: 12,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 12,215
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BLOCK40 CANAL TRUSTEES SUB

Ownership

  • Current Owner : RUSSELL JANET
  • Previous Owner : OWENS JOHN J
  • Owner Before Previous Owner: WILLIAMS ROBERT E
  • Owner Before Previous Owner 2: WILLIAMS KIMBERLY D

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071600

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 1-02N-125-03
  • District: 74
  • Parcel: 14-33-306-046-1005
  • Block: 40
  • Lot: 96,97
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.918
  • Longitude: -87.641

    Address

  • Full Address: 1951 N Cleveland Ave
  • Address - House Number: 1951
  • Street Direction: N
  • Address - Street Name: Cleveland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 6572
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,524
  • Tax Rate Code Area: 74001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 457,550
  • High Value: 552,713
  • Low Value: 362,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,500
  • First Open Lien Mortgage Lender: NEWREZ COMMUNITY LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 03, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $175,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2034

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $73,480
  • Market Improvement Value: $326,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $7,348
  • Assessed Improvements Value: $32,652

    Sales

  • Current Sale Contract Date: Aug 20, 1998
  • Current Sale Recording Date: Oct 02, 1998
  • Current Sale Transaction ID: 1177173936
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 98887905
  • Previous Sale Recording Date: Apr 04, 1995
  • Previous Sale Contract Date: Mar 31, 1995
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREFERRED MTG ASSOCIATES LTD
  • First Mortgage Transaction Date: Oct 02, 1998
  • First Mortgage Loan Amount: $148,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2028

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RYLAND MTG CO
  • Previous Mortgage Transaction Date: Apr 04, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $103,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2025

About North Side



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Frequently Asked Questions

What neighborhood is 1951 North Cleveland Avenue located in?
The 1951 North Cleveland Avenue is a located in the neighborhood of Lincoln Park in North Side, Chicago.
What is the average sales price for listings in 1951 North Cleveland Avenue?
The average sales price for units in 1951 North Cleveland Avenue is $0 currently.

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