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2244 South Spaulding Avenue

2244 South Spaulding Avenue, Chicago, IL 60623
Commercial in Little Village
2244 South Spaulding Avenue in Chicago, IL was first built in 1900 and is 124 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 multifamily style. There are a total of 3 floors. There are a total of 19 rooms in the home, of which, 11 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 2244 South Spaulding Avenue has 5,084 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. In total, the area measurement of the land is 3,113 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. 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 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, 2244 South Spaulding Avenue sold most recently in Mar 21, 2022 for a total of $650,000. If you work out the math, that's approximately a cost of $127.85 per sqft. Before that, the property was also sold for $440,000 in Dec 17, 2020. 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 $8,189 in taxes each year. 2244 South Spaulding Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,817. If we break it down further, the land itself was valued at $3,658. Improvements to the property, however, were assessed at a total of $36,159. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211120
11/20/2021
Loft
-
4217 ft²
$675,000
bedrooms
Loft
bathrooms
-
square feet
4217 ft²
-
-
-
Alysia Richards
eXp Realty, LLC

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 2
  • Total Rooms: 19
  • Bedroom Count: 11
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 5
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,113
  • Total Building Area: 5,084
  • Gross Building Area: 5,084
  • Building Area: 5,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KRALOVEE & KASPARA
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : MCKENZIE TIMOTHY
  • Current Owner 2: LEE WAN
  • Previous Owner : TOCA720 LLC
  • Owner Before Previous Owner: MARQUETTE BANK

Neighborhood

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

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-26-205-033-0000
  • Block: 3
  • Lot: 34
  • Meridian: SEC 26 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8504
  • Longitude: -87.708

    Address

  • Full Address: 2244 S Spaulding Ave
  • Address - House Number: 2244
  • Street Direction: S
  • Address - Street Name: Spaulding
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C013
  • 4-Digit Zip Code: 3308
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,189
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 455,993
  • High Value: 572,508
  • Low Value: 339,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,500
  • First Open Lien Mortgage Lender: BELMONT BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Mar 24, 2022
  • First Open Lien Mortgage Loan Amount: $422,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 10, 2027

    Market Valuation

  • Market Total Value: $398,170
  • Market Land Value: $36,580
  • Market Improvement Value: $361,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,817
  • Assessed Land Value: $3,658
  • Assessed Improvements Value: $36,159

    Sales

  • Current Sale Contract Date: Mar 21, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Transaction ID: 11888730017
  • Current Sale Price: $650,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2208306085
  • Previous Sale Recording Date: Feb 04, 2021
  • Previous Sale Contract Date: Dec 17, 2020
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELMONT BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Mar 24, 2022
  • First Mortgage Loan Amount: $422,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Due Date: Apr 10, 2027

    Previous Mortgages

  • Previous Mortgage Lender: CORPORATE AMERICA FAMILY CU
  • Previous Mortgage Transaction Date: Feb 04, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $330,000
  • Previous Mortgage Term: 117
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 18, 2030

About West Side



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Frequently Asked Questions

What neighborhood is 2244 South Spaulding Avenue located in?
The 2244 South Spaulding Avenue is a commercial located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2244 South Spaulding Avenue?
The average sales price for units in 2244 South Spaulding Avenue is $0 currently.

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