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2355 North Commonwealth Avenue

2355 North Commonwealth Avenue, Chicago, IL 60614
Property in Lincoln Park
2355 North Commonwealth 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 1915 and is 109 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 4 stories. In addition, 2355 North Commonwealth Avenue has 5,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,920 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There are 2 fireplaces in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $100,107 in taxes per year. The property on 2355 North Commonwealth Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $496,969. To break that down further, the land itself was valued at $124,000. While improvements to the property were assessed at a total of $372,969. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200113
01/13/2020
Loft
4.5 Bath
5150 ft²
$1,999,000
bedrooms
Loft
bathrooms
4.5 Bath
square feet
5150 ft²
-
-
-
Jennifer Ames
Engel & Volkers Chicago
20190221
02/21/2019
4 Bed
4.5 Bath
5150 ft²
$2,295,000
bedrooms
4 Bed
bathrooms
4.5 Bath
square feet
5150 ft²
-
-
-
Jennifer Ames
Engel & Volkers Chicago

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 4
  • Living Units: 6
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,920
  • Total Building Area: 0
  • Building Area: 5,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 5,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PETERBORO TERRACE ADD TO CHICAGO
  • Land Acres: 0.228
  • Standard Land Use Code: Cooperative unit (residential)
  • Legal Description 1: (PETERBORO) TERRACE ADD TO (CHICAGO) A SUB OF PT OF B LK2 OF CANAL TRUSTEES SUB OF NH & NH SE & EH SW SEC 33-40-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071400

Zoning

  • Zoning: RM-6

Geography

  • Assessors Map Reference: 02N-144-02
  • District: 74
  • Parcel: 14-33-201-001-0000
  • Block: 1
  • Lot: 8
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9253
  • Longitude: -87.6379

    Address

  • Full Address: 2355 N Commonwealth Ave
  • Address - House Number: 2355
  • Street Direction: N
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 3562
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $100,107
  • Tax Rate Code Area: 74001

    Market Valuation

  • Market Total Value: $4,969,690
  • Market Land Value: $1,240,000
  • Market Improvement Value: $3,729,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $496,969
  • Assessed Land Value: $124,000
  • Assessed Improvements Value: $372,969

About North Side



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Frequently Asked Questions

What neighborhood is 2355 North Commonwealth Avenue located in?
The 2355 North Commonwealth Avenue is a other located in the neighborhood of Lincoln Park in North Side, Chicago.
What is the average sales price for listings in 2355 North Commonwealth Avenue?
The average sales price for units in 2355 North Commonwealth Avenue is $0 currently.

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