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1961 West Winona Street

1961 West Winona Street, Chicago, IL 60640
Property in Ravenswood
Sold Jan 03, 2017
$131,000
$3,145,000 by First State Bank
Mortgage Due Sep 19, 2037
Sold May 26, 2005
$238,500
$184,000 by Professional Mortgage Partners
Mortgage Due Jun 01, 2035
Local assessors in Chicago, IL have categorized 1961 West Winona Street as a residential type of property. The home was built in 1917 and is 107 years old. The property's lot size has been calculated to be 8,835 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 are 6 rooms in the home. Of these, 2 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 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 1961 West Winona Street has a total of 1,000 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. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on a window/unit air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1961 West Winona Street was last sold in Nov 2, 2016 for $131,000. According to our calculations, that's $131.00 per sqft. Prior to that sales transaction, the property was sold for $238,500 in May 13, 2005. Current property owners are expected to pay $3,702 in taxes per year. The property on 1961 West Winona Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,000. To break that down further, the land itself was valued at $5,895. While improvements to the property were assessed at a total of $12,105. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 12
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,835
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST WINONA CONDOMINIUM
  • Land Acres: 0.203
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: HAGELIN & NELSONS SUBDIVI LOT 1&2

Ownership

  • Current Owner : NORTH SHORE HOLDINGS LTD
  • Previous Owner : DEVLIN
  • Owner Before Previous Owner: GALLO DIANA E
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040402

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 1-17S-078-06
  • District: 73
  • Parcel: 14-07-405-016-1009
  • Lot: 1&2
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9744
  • Longitude: -87.6789

    Address

  • Full Address: 1961 W Winona St
  • Address - House Number: 1961
  • Street Direction: W
  • Address - Street Name: Winona
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 7079
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,702
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 253,147
  • High Value: 302,012
  • Low Value: 204,282

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,145,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Sep 22, 2017
  • First Open Lien Mortgage Loan Amount: $3,145,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 19, 2037

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $58,950
  • Market Improvement Value: $121,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $5,895
  • Assessed Improvements Value: $12,105

    Sales

  • Current Sale Contract Date: Nov 02, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Transaction ID: 1913503119
  • Current Sale Price: $131,000
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 1700355138
  • Previous Sale Recording Date: May 26, 2005
  • Previous Sale Contract Date: May 13, 2005
  • Previous Sale Amount: $238,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PROFESSIONAL MORTGAGE PARTNERS
  • Previous Mortgage Transaction Date: May 26, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $184,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About North Side



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Frequently Asked Questions

What neighborhood is 1961 West Winona Street located in?
The 1961 West Winona Street is a located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 1961 West Winona Street?
The average sales price for units in 1961 West Winona Street is $0 currently.

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