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2341 West Montana Street

2341 West Montana Street, Chicago, IL 60647
Property in Bucktown
Sold Nov 10, 2011
$244,500
$311,200 by Quicken Loans Inc
Mortgage Due May 01, 2046
Sold Mar 11, 2011
$90,000
Local assessors in Chicago, IL have categorized 2341 West Montana Street as a residential type of property. The home was built in 1892 and is 132 years old. The property's lot size has been calculated to be 1,800 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 180 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2341 West Montana Street has a total of 1,290 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 2341 West Montana Street sold most recently in Nov 4, 2011 for a total of $244,500. If you work out the math, that's approximately a cost of $189.53 per sqft. Before that, the property was also sold for $90,000 in Mar 1, 2011. 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 $10,645 in taxes each year. 2341 West Montana Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,000. If we break it down further, the land itself was valued at $9,000. Improvements to the property, however, were assessed at a total of $46,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,290
  • Gross Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TINKH AMS ADD
  • Land Acres: 0.041
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (RESUBDIVISION) OF LTS10-24 IN BLK6 IN EDWARD I TINKH AMS ADD TO HOLSTEIN BEING PT OF SW SEC30 LYING S OF ILLINOIS & WISCONSI

Ownership

  • Current Owner : SIMANSKEY JOSHUA L
  • Current Owner 2: SIMANSKEY DAVID LEE
  • Previous Owner : 2341 W ALTGELD LLC
  • Owner Before Previous Owner: THE FIRST COMMERCIAL BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 830900

Zoning

  • Zoning: M1-2

Geography

  • Assessors Map Reference: Sep 03, 2005
  • District: 77
  • Parcel: 14-30-314-011-0000
  • Block: 6
  • Lot: 10-24
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9262
  • Longitude: -87.6868

    Address

  • Full Address: 2341 W Altgeld St
  • Address - House Number: 2341
  • Street Direction: W
  • Address - Street Name: Altgeld
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 2001
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,645
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2676
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 551,327
  • High Value: 698,894
  • Low Value: 403,760

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $368,068
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 24, 2016
  • First Open Lien Mortgage Loan Amount: $311,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2046
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 11, 2018
  • Second Open Lien Mortgage Loan Amount: $56,868
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jun 21, 2033

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $90,000
  • Market Improvement Value: $460,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,000
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $46,000

    Sales

  • Current Sale Contract Date: Nov 04, 2011
  • Current Sale Recording Date: Nov 10, 2011
  • Current Sale Transaction ID: 1093745690
  • Current Sale Price: $244,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1131429153
  • Previous Sale Recording Date: Mar 11, 2011
  • Previous Sale Contract Date: Mar 01, 2011
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PERL MORTGAGE INC
  • First Mortgage Transaction Date: Nov 10, 2011
  • First Mortgage Loan Amount: $238,301
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2041

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Frequently Asked Questions

What neighborhood is 2341 West Montana Street located in?
The 2341 West Montana Street is a located in the neighborhood of Bucktown in Northwest Side, Chicago.
What is the average sales price for listings in 2341 West Montana Street?
The average sales price for units in 2341 West Montana Street is $0 currently.

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