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2045 North Sedgwick Street

2045 North Sedgwick Street, Chicago, IL 60614
Property in Lincoln Park
Sold Nov 02, 2021
$2,050,000
$1,435,000 by Proper Rate Llc
Mortgage Due Nov 01, 2051
Sold Jun 07, 2017
$2,330,000
Local assessors in Chicago, IL have categorized 2045 North Sedgwick Street as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 3,250 square feet. The linear feet between the front and back of the lot was measured at 1,030 ft and the front of the lot was measured at 320 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 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 2045 North Sedgwick Street has a total of 4,600 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 attached garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2045 North Sedgwick Street was last sold in Oct 4, 2021 for $2,050,000. According to our calculations, that's $445.65 per sqft. Prior to that sales transaction, the property was sold for $2,330,000 in May 16, 2017. Current property owners are expected to pay $48,928 in taxes per year. The property on 2045 North Sedgwick Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $241,303. To break that down further, the land itself was valued at $40,625. While improvements to the property were assessed at a total of $200,678. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,250
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 320
  • Total Building Area: 4,600
  • Gross Building Area: 4,600
  • Building Area: 4,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KUHNS SUB
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KUHNS) SUB OF BLK31 IN CANAL TRUSTEES SUB OF NH & NH SE & EH SW SEC 33-40-14

Ownership

  • Current Owner : COSTELLO DANIEL P
  • Current Owner 2: COSTELLO KERRY A
  • Previous Owner : ARNALL JANUARY PARKOS
  • Previous Owner 2: JANUARY M PARKOS REVOCABLE TRU
  • Owner Before Previous Owner: DENNIS JEAN M
  • Ownership Rights Codes: Trust
  • 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: 14-33-207-004-0000
  • Block: 31
  • Lot: 2
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9197
  • Longitude: -87.6386

    Address

  • Full Address: 2045 N Sedgwick St
  • Address - House Number: 2045
  • 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: $48,928
  • Tax Rate Code Area: 74001

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 2,237,600
  • High Value: 2,680,079
  • Low Value: 1,795,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,435,000
  • First Open Lien Mortgage Lender: PROPER RATE LLC
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,435,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $2,413,030
  • Market Land Value: $406,250
  • Market Improvement Value: $2,006,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,303
  • Assessed Land Value: $40,625
  • Assessed Improvements Value: $200,678

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Transaction ID: 11864463652
  • Current Sale Price: $2,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2130633099
  • Previous Sale Recording Date: Jun 07, 2017
  • Previous Sale Contract Date: May 16, 2017
  • Previous Sale Amount: $2,330,000
  • Previous Sale Document Type: Transfer on Death Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROPER RATE LLC
  • First Mortgage Transaction Date: Nov 02, 2021
  • First Mortgage Loan Amount: $1,435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About North Side



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Frequently Asked Questions

What neighborhood is 2045 North Sedgwick Street located in?
The 2045 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 2045 North Sedgwick Street?
The average sales price for units in 2045 North Sedgwick Street is $0 currently.

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