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2325 North Albany Avenue

2325 North Albany Avenue, Chicago, IL 60647
Multifamily in Palmer Square
Sold May 22, 2019
$555,000
$501,270 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2050
2325 North Albany Avenue in Chicago, IL was first built in 1897 and is 127 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 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2325 North Albany Avenue has 2,096 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 250 ft and the linear feet between the front and back of the lot is 1,250. 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 tar and gravel. 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. The property was last sold in May 17, 2019 for $555,000. That's $264.79 per sqft. 2325 North Albany Avenue was last assessed in 2023. The total value of the property was assessed at $65,001. Specifically, the land the property is located on was valued at $14,063. While improvements on the property were assessed at a total of $50,938. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $13,415. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • 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: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,096
  • Gross Building Area: 2,096
  • Building Area: 2,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,096
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLANCHARDS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF LTS20-26 OF BLK1 & LTS21-27 BLK2 OF BLANCHARDS SUB OF PT OF N22RDS OF LYING W OF MILWAUKEE AVE NW SEC 36-40-

Ownership

  • Current Owner : RAMOS REINALDO
  • Previous Owner : ROSARIO THALIA

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 221200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 13-36-101-014-0000
  • Block: 1,2
  • Lot: 20-27
  • Meridian: SEC 36 TWN 40N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.924
  • Longitude: -87.7043

    Address

  • Full Address: 2325 N Albany Ave
  • Address - House Number: 2325
  • Street Direction: N
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 2863
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,415
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 543,294
  • High Value: 625,296
  • Low Value: 461,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $501,270
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 22, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $501,270
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $650,010
  • Market Land Value: $140,630
  • Market Improvement Value: $509,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,001
  • Assessed Land Value: $14,063
  • Assessed Improvements Value: $50,938

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11608515525
  • Current Sale Price: $555,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1914249290

    Last Sale Mortgage

  • First Mortgage Lender: LOAN CABIN INC
  • First Mortgage Transaction Date: May 22, 2019
  • First Mortgage Loan Amount: $471,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 2325 North Albany Avenue located in?
The 2325 North Albany Avenue is a multifamily located in the neighborhood of Palmer Square in Northwest Side, Chicago.
What is the average sales price for listings in 2325 North Albany Avenue?
The average sales price for units in 2325 North Albany Avenue is $0 currently.

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