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2338 West 18th Place

2338 West 18th Place, Chicago, IL 60608
Multifamily in Heart of Chicago
Sold Dec 15, 2022
$555,000
$544,947 by Bay Equity Llc
Mortgage Due Nov 01, 2052
Sold Mar 30, 2020
$380,000
$387,541 by Lakeside Bank
Mortgage
2338 West 18th Place in Chicago, IL was first built in 1890 and is 134 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 3 full bathrooms. There are 3 partial bathrooms. 2338 West 18th Place has 3,108 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 asphalt. Water for the property is sourced from a municipal system. 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 central air conditioning. As for heating, the home is utilizing a hot water heating system. The property was last sold in Oct 5, 2022 for $555,000. That's $178.57 per sqft. Prior to that sales transaction, the property was also sold in Mar 13, 2020 for $380,000. 2338 West 18th Place was last assessed in 2023. The total value of the property was assessed at $48,753. Specifically, the land the property is located on was valued at $9,375. While improvements on the property were assessed at a total of $39,378. 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 $10,695. 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. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • 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: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,108
  • Gross Building Area: 3,108
  • Building Area: 3,108
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,108
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JOHNSTONS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: W F (JOHNSTONS) SUB OF NH WH SW SEC 19-39-14

Ownership

  • Current Owner : QUIJANO FRANCISCO J RODRIGUEZ
  • Current Owner 2: OCHOA YADIRA GUTIERREZ
  • Previous Owner : MIDCOAST INVESTMENTS LLC
  • Owner Before Previous Owner: GUTIERREZ ANGEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-19-302-019-0000
  • Block: 3
  • Lot: 31
  • Meridian: SEC 19 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8569
  • Longitude: -87.6849

    Address

  • Full Address: 2338 W 18th Pl
  • Address - House Number: 2338
  • Street Direction: W
  • Address - Street Name: 18th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 5027
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,695
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 515,858
  • High Value: 647,669
  • Low Value: 384,046

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $604,547
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Dec 15, 2022
  • First Open Lien Mortgage Loan Amount: $544,947
  • 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: Nov 01, 2052
  • Second Open Lien Mortgage Lender: US SMALL BUSINESS ADMN
  • Second Open Lien Mortgage Recording Date: Feb 26, 2024
  • Second Open Lien Mortgage Loan Amount: $59,600
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • Second Open Lien Mortgage Loan Due Date: Oct 19, 2053

    Market Valuation

  • Market Total Value: $487,530
  • Market Land Value: $93,750
  • Market Improvement Value: $393,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,753
  • Assessed Land Value: $9,375
  • Assessed Improvements Value: $39,378

    Sales

  • Current Sale Contract Date: Oct 05, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Transaction ID: 11899767855
  • Current Sale Price: $555,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 49020
  • Previous Sale Recording Date: Mar 30, 2020
  • Previous Sale Contract Date: Mar 13, 2020
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Dec 15, 2022
  • First Mortgage Loan Amount: $544,947
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LAKESIDE BANK
  • Previous Mortgage Transaction Date: Mar 30, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $387,541
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About West Side



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Frequently Asked Questions

What neighborhood is 2338 West 18th Place located in?
The 2338 West 18th Place is a multifamily located in the neighborhood of Heart of Chicago in West Side, Chicago.
What is the average sales price for listings in 2338 West 18th Place?
The average sales price for units in 2338 West 18th Place is $429,900 currently.

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