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2035 North Sedgwick Street

2035 North Sedgwick Street, Chicago, IL 60614
Property in Lincoln Park
Sold Aug 27, 2015
$1,160,000
Sold Jul 13, 1994
$380,000
$351,000 by Preferred Mtg Associates Ltd N
Mortgage Due Aug 01, 2024
2035 North Sedgwick Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1880 and is 144 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2035 North Sedgwick Street has 2,827 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,257 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water 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, 2035 North Sedgwick Street sold most recently in Aug 19, 2015 for a total of $1,160,000. If you work out the math, that's approximately a cost of $410.33 per sqft. Before that, the property was also sold for $380,000 in Jul 11, 1994. 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 $21,281 in taxes each year. 2035 North Sedgwick Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $106,888. If we break it down further, the land itself was valued at $28,213. Improvements to the property, however, were assessed at a total of $78,675. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,257
  • Total Building Area: 2,827
  • Gross Building Area: 2,827
  • Building Area: 2,827
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STUDEBAKERS SUB
  • Land Acres: 0.052
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (STUDEBAKERS) SUB OF SUBLT3 IN SUB OF LT4 BLK31 CANAL TRUSTEES SUB OF NH & NH SE & EH SW & SUBLT3 IN SUB OF LT3 W OF LANE PL

Ownership

  • Current Owner : HLIS MICHAEL J
  • Previous Owner : ROWHOUSE PROPERTIES LLC
  • Owner Before Previous Owner: LASALLE NATIONAL TRUST NA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071400

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 02N-127-03
  • District: 74
  • Parcel: 14-33-207-008-0000
  • Block: 31
  • Lot: 4
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9194
  • Longitude: -87.6385

    Address

  • Full Address: 2035 N Sedgwick St
  • Address - House Number: 2035
  • Street Direction: N
  • Address - Street Name: Sedgwick
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C075
  • 4-Digit Zip Code: 4716
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,281
  • Tax Rate Code Area: 74001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,061,894
  • High Value: 1,222,171
  • Low Value: 901,616

    Market Valuation

  • Market Total Value: $1,068,880
  • Market Land Value: $282,130
  • Market Improvement Value: $786,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,888
  • Assessed Land Value: $28,213
  • Assessed Improvements Value: $78,675

    Sales

  • Current Sale Contract Date: Aug 19, 2015
  • Current Sale Recording Date: Aug 27, 2015
  • Current Sale Transaction ID: 1277127835
  • Current Sale Price: $1,160,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1523945080
  • Previous Sale Recording Date: Jul 13, 1994
  • Previous Sale Contract Date: Jul 11, 1994
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Aug 27, 2015
  • First Mortgage Loan Amount: $545,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PREFERRED MTG ASSOCIATES LTD N
  • Previous Mortgage Transaction Date: Jul 13, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $351,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2024

About North Side



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Frequently Asked Questions

What neighborhood is 2035 North Sedgwick Street located in?
The 2035 North Sedgwick Street is a located in the neighborhood of Lincoln Park in North Side, Chicago.
What is the average sales price for listings in 2035 North Sedgwick Street?
The average sales price for units in 2035 North Sedgwick Street is $0 currently.

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