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2418 West Ohio Street

2418 West Ohio Street, Chicago, IL 60612
Property in West Town
Sold Jul 18, 2017
$1,350,000
Seller
Sold Dec 19, 2016
$400,000
$280,000 by Belmont Bank & Trust Company
Mortgage Due Jun 07, 2017
2418 West Ohio Street in Chicago, IL was first built in 2019 and is 5 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 bungalow style. There are a total of 3 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2418 West Ohio Street has 2,712 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 240 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 2,976 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 central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2418 West Ohio Street sold most recently in Jul 10, 2017 for a total of $1,350,000. If you work out the math, that's approximately a cost of $497.79 per sqft. Before that, the property was also sold for $400,000 in Dec 7, 2016. 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 $23,029 in taxes each year. 2418 West Ohio Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $111,962. If we break it down further, the land itself was valued at $17,856. Improvements to the property, however, were assessed at a total of $94,106. 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. 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.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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,976
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,712
  • Gross Building Area: 2,712
  • Building Area: 2,712
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,712
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYLEYS SUB
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARY ANN (BAYLEYS) SUB BLK 8 IN WRIGHT & WEBSTERS SUB NE SEC 12-39-13

Ownership

  • Current Owner : COLAK JADRANKA
  • Previous Owner : OHIO LLC
  • Owner Before Previous Owner: CASTELLANOS LORETTA

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-12-214-021-0000
  • Block: 8
  • Lot: 96
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8924
  • Longitude: -87.6876

    Address

  • Full Address: 2418 W Ohio St
  • Address - House Number: 2418
  • Street Direction: W
  • Address - Street Name: Ohio
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 1220
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,029
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,350,460
  • High Value: 1,658,824
  • Low Value: 1,042,096

    Market Valuation

  • Market Total Value: $1,119,620
  • Market Land Value: $178,560
  • Market Improvement Value: $941,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,962
  • Assessed Land Value: $17,856
  • Assessed Improvements Value: $94,106

    Sales

  • Current Sale Contract Date: Jul 10, 2017
  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Transaction ID: 1731774240
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1719904002
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Contract Date: Dec 07, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Jul 18, 2017
  • First Mortgage Loan Amount: $944,930
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BELMONT BANK & TRUST COMPANY
  • Previous Mortgage Transaction Date: Dec 19, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 07, 2017

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Frequently Asked Questions

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

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