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2003 North Albany Avenue

2003 North Albany Avenue, Chicago, IL 60647
Townhouse in Palmer Square
Local assessors in Chicago, IL have categorized 2003 North Albany Avenue as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 5,686 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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, 3 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 2003 North Albany Avenue has a total of 1,926 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry 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 heating system is the primary heating source. The property was last sold in Dec 7, 2021 for $635,000. That's $329.70 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2016 for $569,000. 2003 North Albany Avenue was last assessed in 2023. The total value of the property was assessed at $80,000. Specifically, the land the property is located on was valued at $25,587. While improvements on the property were assessed at a total of $54,413. 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 $16,511. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

Parking

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210614
06/14/2021
3 Bed
3 Bath
2200 ft²
$675,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2200 ft²
$635,000 -5.93%
12/20/2021
Ammar Bahrani
Compass
20200317
03/17/2020
3 Bed
3 Bath
2200 ft²
$665,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2200 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,686
  • Total Building Area: 1,926
  • Gross Building Area: 1,926
  • Building Area: 1,926
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,926
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLARKSONS SUBDIVISION
  • Land Acres: 0.131
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : SU ERIC
  • Previous Owner : BAHRANI AMMAR
  • Previous Owner 2: BAHRANI AMY EVELYN
  • Owner Before Previous Owner: ARMIT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 221200

Zoning

  • Zoning: B3-3

Geography

  • District: 77
  • Parcel: 13-36-115-053-0000
  • Municipality: WEST CHICAGO
  • Latitude: 41.9176
  • Longitude: -87.705

    Address

  • Full Address: 2003 N Albany Ave
  • Address - House Number: 2003
  • Street Direction: N
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 3814
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,511
  • Tax Rate Code Area: 77137

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 846,835
  • High Value: 1,038,169
  • Low Value: 655,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $508,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $800,000
  • Market Land Value: $255,870
  • Market Improvement Value: $544,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $25,587
  • Assessed Improvements Value: $54,413

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11875214015
  • Current Sale Price: $635,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2135408012
  • Previous Sale Recording Date: May 04, 2016
  • Previous Sale Contract Date: Apr 15, 2016
  • Previous Sale Amount: $569,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $508,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: May 04, 2016
  • Previous Mortgage Loan Amount: $455,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2003 North Albany Avenue located in?
The 2003 North Albany Avenue is a townhouse located in the neighborhood of Palmer Square in Northwest Side, Chicago.
What is the average sales price for listings in 2003 North Albany Avenue?
The average sales price for units in 2003 North Albany Avenue is $675,000 , or $307/sqft. currently.

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