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2255 West Farragut Avenue

2255 West Farragut Avenue, Chicago, IL 60625
Property in Bowmanville
Refi Feb 19, 2014
Transfer
$100,000 by Bmo Harris Bank Na
Mortgage Due Jan 16, 2044
2255 West Farragut Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1905 and is 119 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2255 West Farragut Avenue has 1,705 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,240 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water 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. Tax-wise, the current owner is expected to pay close to $9,429 in taxes each year. 2255 West Farragut Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,000. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $27,000. 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.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • 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: 3,125
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,705
  • Gross Building Area: 1,705
  • Building Area: 1,705
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,705
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROWN JRS 59TH
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAM (BROWN) JRS (59TH) ST SUB SEC 07-40-14

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17N-60-04
  • District: 73
  • Parcel: 14-07-115-002-0000
  • Lot: 111
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9764
  • Longitude: -87.6865

    Address

  • Full Address: 2255 W Farragut Ave
  • Address - House Number: 2255
  • Street Direction: W
  • Address - Street Name: Farragut
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 1801
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,429
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 684,638
  • High Value: 840,969
  • Low Value: 528,308

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Feb 19, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 16, 2044

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $250,000
  • Market Improvement Value: $270,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,000
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $27,000

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Frequently Asked Questions

What neighborhood is 2255 West Farragut Avenue located in?
The 2255 West Farragut Avenue is a located in the neighborhood of Bowmanville in North Side, Chicago.
What is the average sales price for listings in 2255 West Farragut Avenue?
The average sales price for units in 2255 West Farragut Avenue is $0 currently.

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