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2128 North Merrimac Avenue

2128 North Merrimac Avenue, Chicago, IL 60639
Multifamily in Galewood
Sold Apr 22, 2022
$430,000
$322,500 by Fairway Independent Mortgage C
Mortgage Due May 01, 2052
Sold Apr 22, 2022
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Seller
Local assessors in Chicago, IL have categorized 2128 North Merrimac Avenue as a residential type of property. The home was built in 1933 and is 91 years old. The property's lot size has been calculated to be 3,750 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 10 rooms in the home. Of these, 5 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 3 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 2128 North Merrimac Avenue has a total of 3,069 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 detached 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 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 asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. 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, 2128 North Merrimac Avenue was last sold in Apr 15, 2022 for $430,000. According to our calculations, that's $140.11 per sqft. Current property owners are expected to pay $3,878 in taxes per year. The property on 2128 North Merrimac Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,000. To break that down further, the land itself was valued at $5,625. While improvements to the property were assessed at a total of $19,375. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1933
  • Effective Year Built: 1933
  • 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: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 3,069
  • Gross Building Area: 3,069
  • Building Area: 3,069
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,069
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND AVENUE ESTATES
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : BUENO-LIVIGANAY WILSON H
  • Previous Owner : BAKER ANNA
  • Owner Before Previous Owner: BONELLI ENSO

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 191100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-32-118-044-0000
  • Meridian: SEC 32 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9192
  • Longitude: -87.7822

    Address

  • Full Address: 2128 N Merrimac Ave
  • Address - House Number: 2128
  • Street Direction: N
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,878
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 383,184
  • High Value: 481,094
  • Low Value: 285,273

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $322,500
  • 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, 2052

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $56,250
  • Market Improvement Value: $193,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,625
  • Assessed Improvements Value: $19,375

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Transaction ID: 11889973826
  • Current Sale Price: $430,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2211219001
  • Previous Sale Recording Date: Apr 22, 2022
  • Previous Sale Contract Date: Apr 15, 2022
  • Previous Sale Document Type: Other

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2128 North Merrimac Avenue located in?
The 2128 North Merrimac Avenue is a multifamily located in the neighborhood of Galewood in Northwest Side, Chicago.
What is the average sales price for listings in 2128 North Merrimac Avenue?
The average sales price for units in 2128 North Merrimac Avenue is $0 currently.

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