Check Availability

2025 North Magnolia Avenue

2025 North Magnolia Avenue, Chicago, IL 60614
Property in Sheffield
Sold Sep 27, 2013
$3,000,000
Local assessors in Chicago, IL have categorized 2025 North Magnolia Avenue as a residential type of property. The home was built in 1886 and is 138 years old. The property's lot size has been calculated to be 3,100 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. As for the restroom situation, there are 6 full bathrooms. There are also 6 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 2025 North Magnolia Avenue has a total of 5,502 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. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. 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, 2025 North Magnolia Avenue was last sold in Sep 20, 2013 for $3,000,000. According to our calculations, that's $545.26 per sqft. Current property owners are expected to pay $14,452 in taxes per year. The property on 2025 North Magnolia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $70,266. To break that down further, the land itself was valued at $24,800. While improvements to the property were assessed at a total of $45,466. 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. 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!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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 1886
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 6
  • Business/Commerical Units Count: 6
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Total Building Area: 5,502
  • Building Area: 5,502

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,502
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JAMES MORGANS
  • Land Acres: 0.71
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : RACINE 12 LLC
  • Previous Owner : ROMANO THOMAS A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071000

Zoning

  • Zoning: RT-4

Geography

  • District: 74
  • Parcel: 14-32-221-049-0000
  • Block: 7
  • Lot: 33,34
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9188
  • Longitude: -87.6579

    Address

  • Full Address: 2025 N Racine Ave
  • Address - House Number: 2025
  • Street Direction: N
  • Address - Street Name: Racine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C082
  • 4-Digit Zip Code: 4000
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,452
  • Tax Rate Code Area: 74026

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 605,614
  • High Value: 760,360
  • Low Value: 450,867

    Market Valuation

  • Market Total Value: $702,660
  • Market Land Value: $248,000
  • Market Improvement Value: $454,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,266
  • Assessed Land Value: $24,800
  • Assessed Improvements Value: $45,466

    Sales

  • Current Sale Contract Date: Sep 20, 2013
  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Transaction ID: 1083599671
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1327022054

    Last Sale Mortgage

  • First Mortgage Lender: BANKFINANCIAL FSB
  • First Mortgage Transaction Date: Sep 27, 2013
  • First Mortgage Loan Amount: $1,950,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 23, 2038

About North Side



Similar Buildings

Property at 2025 North Magnolia Avenue,

1170 West Armitage Avenue

  • 1 Unit for Sale
1170 West Armitage Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

2107 North Magnolia Avenue

  • 1 Unit for Sale
2107 North Magnolia Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

1101 West Armitage Avenue

  • 1 Unit for Sale
1101 West Armitage Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

2129 North Seminary Avenue

  • 1 Unit for Sale
2129 North Seminary Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

2225 North Lakewood Avenue

  • 1 Unit for Sale
2225 North Lakewood Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

2246 North Lakewood Avenue

  • 1 Unit for Sale
2246 North Lakewood Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

2231 North Seminary Avenue

  • 1 Unit for Sale
2231 North Seminary Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

1872 North Clybourn Avenue

  • 2 Units for Sale
1872 North Clybourn Avenue, Chicago, IL 60614
Property at 2025 North Magnolia Avenue,

2257 North Wayne Avenue

  • 1 Unit for Sale
2257 North Wayne Avenue, Chicago, IL 60614

Nearby Rentals

Unit for rent at 60 W Erie Street, Chicago, IL, 60654

$8,900 /mo

  • 3 Beds
  • 3.5 Baths
  • 3,400 ft²
60 W Erie Street #1701, Chicago, IL, 60654 Listing by Matt Laricy
Unit for rent at 1741 W Haddon Avenue, Chicago, IL, 60622

$8,500 /mo

  • 4 Beds
  • 2.5 Baths
1741 W Haddon Avenue, Chicago, IL, 60622 Listing by Ledio Samarxhiu
Unit for rent at 1510 W Cortez Street, Chicago, IL, 60642

$7,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,600 ft²
1510 W Cortez Street #3E, Chicago, IL, 60642 Listing by Dennis Huyck
Unit for rent at 1650 W Division Street, Chicago, IL, 60622

$8,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 2,895 ft²
1650 W Division Street #C, Chicago, IL, 60622 Listing by Shaun Moskalik
Unit for rent at 318 W Grand Avenue, Chicago, IL, 60654

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,009 ft²
318 W Grand Avenue #304, Chicago, IL, 60654 Listing by Nadine Ferrata
Unit for rent at 1025 W Addison Street, Chicago, IL, 60613

$4,280 /mo

  • 2 Beds
  • 2 Baths
  • 1,237 ft²
1025 W Addison Street #816, Chicago, IL, 60613 Listing by Elaine Ramirez
Unit for rent at 729 W Blackhawk Street, Chicago, IL, 60610

$4,400 /mo

  • 2 Beds
  • 2 Baths
729 W Blackhawk Street #729, Chicago, IL, 60610 Listing by Nicholas Kravat

Frequently Asked Questions

What neighborhood is 2025 North Magnolia Avenue located in?
The 2025 North Magnolia Avenue is a located in the neighborhood of Sheffield in North Side, Chicago.
What is the average sales price for listings in 2025 North Magnolia Avenue?
The average sales price for units in 2025 North Magnolia Avenue is $0 currently.

Quantcast