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2241 North Major Avenue

2241 North Major Avenue, Chicago, IL 60639
Multifamily in Belmont Central
Sold Mar 08, 2021
$295,000
$285,154 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2051
Sold Oct 25, 2019
$177,000
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2619 N Major Avenue, Chicago, IL 60639 Listing by Maria Galindo

2241 North Major Avenue in Chicago, IL was first built in 1926 and is 98 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2241 North Major Avenue has 2,087 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 310 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 3,937 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a 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, 2241 North Major Avenue sold most recently in Feb 16, 2021 for a total of $295,000. If you work out the math, that's approximately a cost of $141.35 per sqft. Before that, the property was also sold for $177,000 in Oct 2, 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 $4,939 in taxes each year. 2241 North Major Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $24,001. If we break it down further, the land itself was valued at $5,906. Improvements to the property, however, were assessed at a total of $18,095. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,937
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 310
  • Total Building Area: 2,087
  • Gross Building Area: 2,087
  • Building Area: 2,087
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,087
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: AVE SUB
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (GRAND) AVE SUB OF BLKS2-4 IN COMMISSIONERS SUB OF PT OF LYING N OF GRAND AVE EH NE SEC 32-40-13

Ownership

  • Current Owner : SANCHEZ ROGELIO
  • Current Owner 2: SANCHEZ EDWIN
  • Previous Owner : MORALES NOE
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 191302

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-32-214-041-0000
  • Block: 2-4
  • Lot: 42,41
  • Meridian: SEC 32 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9216
  • Longitude: -87.768

    Address

  • Full Address: 2241 N Major Ave
  • Address - House Number: 2241
  • Street Direction: N
  • Address - Street Name: Major
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C052
  • 4-Digit Zip Code: 2920
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,939
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 352,491
  • High Value: 426,865
  • Low Value: 278,117

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $295,154
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 08, 2021
  • First Open Lien Mortgage Loan Amount: $285,154
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • Second Open Lien Mortgage Recording Date: Mar 08, 2021
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $240,010
  • Market Land Value: $59,060
  • Market Improvement Value: $180,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,001
  • Assessed Land Value: $5,906
  • Assessed Improvements Value: $18,095

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11823635619
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2106704231
  • Previous Sale Recording Date: Oct 25, 2019
  • Previous Sale Contract Date: Oct 02, 2019
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 08, 2021
  • First Mortgage Loan Amount: $285,154
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 2241 North Major Avenue located in?
The 2241 North Major Avenue is a multifamily located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2241 North Major Avenue?
The average sales price for units in 2241 North Major Avenue is $0 currently.

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