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2230 South Kedzie Avenue

2230 South Kedzie Avenue, Chicago, IL 60623
Commercial in Little Village
Sold Sep 22, 2023
$1,085,000
$850,000 by Greenstate Credit Union
Mortgage
Sold Oct 11, 2019
$635,000
$445,000 by Heartland Bank & Trust Co
Mortgage
Local assessors in Chicago, IL have categorized 2230 South Kedzie Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 3,125 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 27 rooms in the home. Of these, 9 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 9 full bathrooms. There are also 9 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 2230 South Kedzie Avenue has a total of 6,838 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. 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 heating system is the primary heating source. 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, 2230 South Kedzie Avenue sold most recently in Sep 8, 2023 for a total of $1,085,000. If you work out the math, that's approximately a cost of $158.67 per sqft. Before that, the property was also sold for $635,000 in Sep 16, 2019. 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 $10,901 in taxes each year. 2230 South Kedzie Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,000. If we break it down further, the land itself was valued at $3,672. Improvements to the property, however, were assessed at a total of $49,328. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 2
  • Total Rooms: 27
  • Bedroom Count: 9
  • Bathroom Count: 9
  • Full Bathrooms: 9
  • Partial Bathrooms: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 6,838
  • Gross Building Area: 6,838
  • Building Area: 6,838
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 6,838
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KRALOVEC & KASPARS
  • Land Acres: 0.072
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (KRALOVEC) & (KASPARS) SUB OF EX S 44 ACS EH NE SEC 26-39-13

Ownership

  • Current Owner : AZTECA BUILDING LLC
  • Previous Owner : S KEDZIE AVENUE LLC
  • Owner Before Previous Owner: MEZA JUAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 300800

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-26-207-033-0000
  • Block: 1
  • Lot: 40
  • Meridian: SEC 26 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8508
  • Longitude: -87.7056

    Address

  • Full Address: 2230 S Kedzie Ave
  • Address - House Number: 2230
  • Street Direction: S
  • Address - Street Name: Kedzie
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C012
  • 4-Digit Zip Code: 3316
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,901
  • Tax Rate Code Area: 77079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: GREENSTATE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 22, 2023
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $530,000
  • Market Land Value: $36,720
  • Market Improvement Value: $493,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $49,328

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Transaction ID: 11913625616
  • Current Sale Price: $1,085,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 41186
  • Previous Sale Recording Date: Oct 11, 2019
  • Previous Sale Contract Date: Sep 16, 2019
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENSTATE CREDIT UNION
  • First Mortgage Transaction Date: Sep 22, 2023
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: HEARTLAND BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 11, 2019
  • Previous Mortgage Loan Amount: $445,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About West Side



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Frequently Asked Questions

What neighborhood is 2230 South Kedzie Avenue located in?
The 2230 South Kedzie Avenue is a commercial located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2230 South Kedzie Avenue?
The average sales price for units in 2230 South Kedzie Avenue is $649,555 currently.

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