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2125 West Shakespeare Avenue

2125 West Shakespeare Avenue, Chicago, IL 60647
Property in Bucktown
Sold Apr 27, 2021
$1,800,000
$1,440,000 by Guaranteed Rate Inc
Mortgage Due May 01, 2051
Sold Jun 29, 2020
$542,500
$800,000 by Park Ridge Community Bank
Mortgage Due May 21, 2021
Local assessors in Chicago, IL have categorized 2125 West Shakespeare Avenue as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 3,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 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 3 full bathrooms. There are also 4 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 2125 West Shakespeare Avenue has a total of 2,834 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. There are 2 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 frame 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 asphalt. 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. 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, 2125 West Shakespeare Avenue was last sold in Apr 16, 2021 for $1,800,000. According to our calculations, that's $635.14 per sqft. Prior to that sales transaction, the property was sold for $542,500 in May 22, 2020. Current property owners are expected to pay $31,490 in taxes per year. The property on 2125 West Shakespeare Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $156,000. To break that down further, the land itself was valued at $21,000. While improvements to the property were assessed at a total of $135,000. 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. 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!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: 2021
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 2,834
  • Gross Building Area: 2,834
  • Building Area: 2,834
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,834
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLSTEIN A SUB OF WH NW SEC 31-40-14
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HOLSTEIN) A SUB OF WH NW SEC 31-40-14

Ownership

  • Current Owner : WIEKER JOHN
  • Current Owner 2: SWANN JASMINE
  • Previous Owner : 2125 W SHAKESPEARE LLC
  • Owner Before Previous Owner: KLENCK KEITH K
  • Owner Before Previous Owner 2: ESTATE OF LEONA T SERAFIN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 832200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 14-31-126-017-0000
  • Block: 14
  • Lot: 19
  • Meridian: SEC 31 TWN 40N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9206
  • Longitude: -87.6812

    Address

  • Full Address: 2125 W Shakespeare Ave
  • Address - House Number: 2125
  • Street Direction: W
  • Address - Street Name: Shakespeare
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 3315
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,490
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,621,952
  • High Value: 1,992,309
  • Low Value: 1,251,595

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,701,130
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Feb 05, 2024
  • Second Open Lien Mortgage Loan Amount: $261,130
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2064

    Market Valuation

  • Market Total Value: $1,560,000
  • Market Land Value: $210,000
  • Market Improvement Value: $1,350,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,000
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $135,000

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11833295112
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2111734154
  • Previous Sale Recording Date: Jun 29, 2020
  • Previous Sale Contract Date: May 22, 2020
  • Previous Sale Amount: $542,500
  • Previous Sale Document Type: Administrator's Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PARK RIDGE COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jun 29, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 21, 2021

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2125 West Shakespeare Avenue located in?
The 2125 West Shakespeare Avenue is a located in the neighborhood of Bucktown in Northwest Side, Chicago.
What is the average sales price for listings in 2125 West Shakespeare Avenue?
The average sales price for units in 2125 West Shakespeare Avenue is $0 currently.

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