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2003 West Erie Street

2003 West Erie Street, Chicago, IL 60612
Property in West Town
Sold Sep 27, 2021
$1,100,000
$880,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Apr 24, 2019
$1,050,000
$944,895 by Wells Fargo Bank Na
Mortgage Due May 01, 2049
2003 West Erie Street in Chicago, IL was first built in 2013 and is 11 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2003 West Erie Street has 2,128 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 2,907 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 masonry 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 masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 2003 West Erie Street sold most recently in Sep 8, 2021 for a total of $1,100,000. If you work out the math, that's approximately a cost of $516.92 per sqft. Before that, the property was also sold for $1,050,000 in Apr 19, 2019. 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 $24,065 in taxes each year. 2003 West Erie Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $117,000. If we break it down further, the land itself was valued at $17,442. Improvements to the property, however, were assessed at a total of $99,558. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,907
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GIBSONS SUBDIVISION
  • Land Acres: 0.067
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRANT DANIEL J
  • Previous Owner : LIVINGSTON JUSTIN
  • Previous Owner 2: LIVINGSTON AMBER
  • Owner Before Previous Owner: ROBLES HECTOR
  • Owner Before Previous Owner 2: FLORES JANET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243000

Zoning

  • Zoning: RS-3

Geography

  • District: 77
  • Parcel: 17-07-116-057-0000
  • Municipality: WEST CHICAGO
  • Latitude: 41.8928
  • Longitude: -87.6772

    Address

  • Full Address: 2003 W Erie St
  • Address - House Number: 2003
  • Street Direction: W
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 1317
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,065
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 1,274,847
  • High Value: 1,542,901
  • Low Value: 1,006,793

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $1,170,000
  • Market Land Value: $174,420
  • Market Improvement Value: $995,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,000
  • Assessed Land Value: $17,442
  • Assessed Improvements Value: $99,558

    Sales

  • Current Sale Contract Date: Sep 08, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Transaction ID: 11857631747
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2127049220
  • Previous Sale Recording Date: Apr 24, 2019
  • Previous Sale Contract Date: Apr 19, 2019
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 27, 2021
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 24, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $944,895
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 2003 West Erie Street located in?
The 2003 West Erie Street is a located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 2003 West Erie Street?
The average sales price for units in 2003 West Erie Street is $0 currently.

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