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2418 West Addison Street

2418 West Addison Street, Chicago, IL 60618
Property in Horner Park
Sold Nov 08, 2021
$965,000
Sold Dec 03, 2018
$860,000
$688,000 by Ocmbc Inc
Mortgage Due Dec 01, 2048
2418 West Addison Street in Chicago, IL was first built in 2016 and is 8 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 unknown. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2418 West Addison Street has 2,395 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. In total, the area measurement of the land is 3,095 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 frame 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 wood. 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 heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2418 West Addison Street was last sold in Sep 23, 2021 for $965,000. According to our calculations, that's $402.92 per sqft. Prior to that sales transaction, the property was sold for $860,000 in Nov 14, 2018. Current property owners are expected to pay $19,145 in taxes per year. The property on 2418 West Addison Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $96,500. To break that down further, the land itself was valued at $15,478. While improvements to the property were assessed at a total of $81,022. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,095
  • Total Building Area: 2,395
  • Gross Building Area: 2,395
  • Building Area: 2,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,395
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARLES KEMNITZ JRS SUBDIVISION
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BEHNKE BRIAN
  • Current Owner 2: POPPY MARIE
  • Previous Owner : LEAGNAVAR KANUNG
  • Previous Owner 2: LEAGNAVAR SIRIRATANA
  • Owner Before Previous Owner: MADSON TODD
  • Owner Before Previous Owner 2: MADSON TIFFANY REEVES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 843700

Zoning

  • Zoning: RS-3

Geography

  • District: 71
  • Parcel: 13-24-209-042-0000
  • Municipality: JEFFERSON
  • Latitude: 41.947
  • Longitude: -87.6891

    Address

  • Full Address: 2418 W Addison St
  • Address - House Number: 2418
  • Street Direction: W
  • Address - Street Name: Addison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 5901
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,145
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 1,129,827
  • High Value: 1,390,840
  • Low Value: 868,814

    Market Valuation

  • Market Total Value: $965,000
  • Market Land Value: $154,780
  • Market Improvement Value: $810,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,500
  • Assessed Land Value: $15,478
  • Assessed Improvements Value: $81,022

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11865943770
  • Current Sale Price: $965,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2131241156
  • Previous Sale Recording Date: Dec 03, 2018
  • Previous Sale Contract Date: Nov 14, 2018
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROPER RATE LLC
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $772,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: OCMBC INC
  • Previous Mortgage Transaction Date: Dec 03, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $688,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 2418 West Addison Street located in?
The 2418 West Addison Street is a located in the neighborhood of Horner Park in North Side, Chicago.
What is the average sales price for listings in 2418 West Addison Street?
The average sales price for units in 2418 West Addison Street is $0 currently.

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