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1957 West Henderson Street

1957 West Henderson Street, Chicago, IL 60657
Property in Roscoe Village
Sold May 02, 2018
$1,060,000
$700,000 by Franklin American Mortgage Co
Mortgage Due May 01, 2048
Sold Jun 16, 1998
Transfer
1957 West Henderson Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The home has a total of 20 rooms. 10 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1957 West Henderson Street has 4,730 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a 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. According to our sources, 1957 West Henderson Street sold most recently in Apr 26, 2018 for a total of $1,060,000. If you work out the math, that's approximately a cost of $224.10 per sqft. 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 $16,454 in taxes each year. 1957 West Henderson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,001. If we break it down further, the land itself was valued at $39,063. Improvements to the property, however, were assessed at a total of $40,938. 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. 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. 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: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 10
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 4,730
  • Gross Building Area: 4,730
  • Building Area: 4,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROSS PARK SECOND ADD TO CHICAGO
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (GROSS) PARK (SECOND) ADD TO (CHICAGO) A SUB OF LT40 OF EXECUTORS OF W E JONES SUB OF SEC19 EX SW NE & EX SE NW & EX EH SE SE

Ownership

  • Current Owner : CHEN GANG
  • Current Owner 2: LIU XIAOHUA
  • Previous Owner : JAKOMIN MILO
  • Owner Before Previous Owner: AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 051200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-19-419-001-0000
  • Lot: 40
  • Meridian: SEC 19 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9419
  • Longitude: -87.6782

    Address

  • Full Address: 1957 W Henderson St
  • Address - House Number: 1957
  • Street Direction: W
  • Address - Street Name: Henderson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 9892
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,454
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 653,450
  • High Value: 820,419
  • Low Value: 486,480

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 02, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: May 01, 2048

    Market Valuation

  • Market Total Value: $800,010
  • Market Land Value: $390,630
  • Market Improvement Value: $409,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,001
  • Assessed Land Value: $39,063
  • Assessed Improvements Value: $40,938

    Sales

  • Current Sale Contract Date: Apr 26, 2018
  • Current Sale Recording Date: May 02, 2018
  • Current Sale Transaction ID: 11456835566
  • Current Sale Price: $1,060,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1812255016
  • Previous Sale Recording Date: Jun 16, 1998
  • Previous Sale Contract Date: Jun 01, 1998
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: May 02, 2018
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About North Side



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Frequently Asked Questions

What neighborhood is 1957 West Henderson Street located in?
The 1957 West Henderson Street is a located in the neighborhood of Roscoe Village in North Side, Chicago.
What is the average sales price for listings in 1957 West Henderson Street?
The average sales price for units in 1957 West Henderson Street is $0 currently.

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