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2015 West Addison Street

2015 West Addison Street, Chicago, IL 60618
Property in Roscoe Village
Sold Oct 18, 2023
$550,000
$1,000,000 by First Bank Of Manhattan
Mortgage Due Mar 12, 2030
Sold Jul 24, 2019
$500,000
$425,000 by Lendinghome Funding Corp
Mortgage
2015 West Addison Street in Chicago, IL was first built in 1903 and is 121 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 ranch/rambler style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2015 West Addison Street has 1,837 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 3,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. 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 frame 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 wood. 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 hot water heating system. The property was last sold in Sep 26, 2023 for $550,000. That's $299.40 per sqft. Prior to that sales transaction, the property was also sold in Jun 26, 2019 for $500,000. 2015 West Addison Street was last assessed in 2023. The total value of the property was assessed at $75,000. Specifically, the land the property is located on was valued at $37,500. While improvements on the property were assessed at a total of $37,500. 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 $15,426. The initial tax year of delinquency was in 2021. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 1,837
  • Gross Building Area: 1,837
  • Building Area: 1,837
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,837
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JONES SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SUBDIVISION) OF BLK29 OF EXECUTORS OF W E JONES SUB OF SEC19 EX SW NE & EX SE NW & EX EH SE SEC 19-40-14

Ownership

  • Current Owner : GL-2 LLC
  • Previous Owner : JBMM INVESTMENTS LLC
  • Owner Before Previous Owner: DEBORD DAVID E
  • Owner Before Previous Owner 2: DEBORD KATHRYN L
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 050800

Zoning

  • Zoning: RT-3.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-19-307-004-0000
  • Block: 29
  • Lot: 7,7
  • Meridian: SEC 19 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9466
  • Longitude: -87.6792

    Address

  • Full Address: 2015 W Addison St
  • Address - House Number: 2015
  • Street Direction: W
  • Address - Street Name: Addison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 6101
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,426
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 772,178
  • High Value: 950,567
  • Low Value: 593,790

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: FIRST BANK OF MANHATTAN
  • First Open Lien Mortgage Recording Date: Mar 15, 2024
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 71
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 12, 2030

    Market Valuation

  • Market Total Value: $750,000
  • Market Land Value: $375,000
  • Market Improvement Value: $375,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,000
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $37,500

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Oct 18, 2023
  • Current Sale Transaction ID: 11914630008
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33112
  • Previous Sale Recording Date: Jul 24, 2019
  • Previous Sale Contract Date: Jun 26, 2019
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Jul 24, 2019
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 2015 West Addison Street located in?
The 2015 West Addison Street is a located in the neighborhood of Roscoe Village in North Side, Chicago.
What is the average sales price for listings in 2015 West Addison Street?
The average sales price for units in 2015 West Addison Street is $0 currently.

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