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2321 South Central Park Avenue

2321 South Central Park Avenue, Chicago, IL 60623
Multifamily in Little Village
Sold Nov 20, 2015
Transfer
$291,750 by Cornerstone National Bank & Tr
Mortgage
Sold Jul 06, 2005
$297,000
$286,382 by Legacy Home Mortgage Inc
Mortgage Due Jul 01, 2035
2321 South Central Park Avenue in Chicago, IL was first built in 1912 and is 112 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 2 floors. There are a total of 18 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2321 South Central Park Avenue has 2,552 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 420 ft and the linear feet between the front and back of the lot is 690. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. 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 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. Before that, the property was also sold for $297,000 in Jun 17, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,141 in taxes each year. 2321 South Central Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,132. 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 $16,460. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 690
  • Lot Size Frontage Feet: 420
  • Total Building Area: 2,552
  • Gross Building Area: 2,552
  • Building Area: 2,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,552
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KING SCOTT & WILSONS
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (KING)(SCOTT) & (WILSONS) ADD TO CHICAGO RESUB LTS 1- 40 OF CHAS C MOWRYS SUB OF EH NW & WH NE EX PT C B & Q RR SEC 26-39-13

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : GARCIA PATRICIO
  • Previous Owner 2: GARCIA NICOLAS
  • Owner Before Previous Owner: AVELAR HILARIO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 300700

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-26-208-006-0000
  • Block: 29
  • Lot: 1-40
  • Meridian: SEC 26 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8492
  • Longitude: -87.7146

    Address

  • Full Address: 2321 S Central Park Ave
  • Address - House Number: 2321
  • Street Direction: S
  • Address - Street Name: Central Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 3102
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,141
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 359,264
  • High Value: 451,062
  • Low Value: 267,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $291,750
  • First Open Lien Mortgage Lender: CORNERSTONE NATIONAL BANK & TR
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $291,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $201,320
  • Market Land Value: $36,720
  • Market Improvement Value: $164,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,132
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $16,460

    Sales

  • Current Sale Contract Date: Nov 12, 2015
  • Current Sale Recording Date: Nov 20, 2015
  • Current Sale Transaction ID: 1368874949
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 1532446042
  • Previous Sale Recording Date: Jul 06, 2005
  • Previous Sale Contract Date: Jun 17, 2005
  • Previous Sale Amount: $297,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LEGACY HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 06, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $286,382
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 2321 South Central Park Avenue located in?
The 2321 South Central Park Avenue is a multifamily located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2321 South Central Park Avenue?
The average sales price for units in 2321 South Central Park Avenue is $0 currently.

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