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2422 West Erie Street

2422 West Erie Street, Chicago, IL 60612
House in West Town
Sold Apr 27, 2020
$839,000
$671,200 by Draper & Kramer Mortgage Corp
Mortgage Due May 01, 2050
Sold Dec 12, 2014
$750,000
$600,000 by Rbs Citizens Na
Mortgage Due Jan 01, 2045
2422 West Erie Street 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 2004 and is 20 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2422 West Erie Street has 2,412 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,976 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a 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. 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, 2422 West Erie Street sold most recently in Apr 10, 2020 for a total of $839,000. If you work out the math, that's approximately a cost of $347.84 per sqft. Before that, the property was also sold for $750,000 in Dec 1, 2014. 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 $15,632 in taxes each year. 2422 West Erie Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $76,000. 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 $58,144. 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.

Building Features

Exterior

Block Exterior
Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,976
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,412
  • Gross Building Area: 2,412
  • Building Area: 2,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,412
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

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 : PARKER ALLISON
  • Current Owner 2: PARKER CHRISTOPHER
  • Previous Owner : GORDON ALEXANDER
  • Previous Owner 2: GORDON OLENA
  • Owner Before Previous Owner: JAKMC LLC
  • Is Owner Occupied: Owner-occupied property

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: 16-12-213-034-0000
  • Block: 8
  • Lot: 46,47
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8933
  • Longitude: -87.6877

    Address

  • Full Address: 2422 W Erie St
  • Address - House Number: 2422
  • Street Direction: W
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 1248
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,632
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 1,064,057
  • High Value: 1,314,071
  • Low Value: 814,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $671,200
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $671,200
  • 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, 2050

    Market Valuation

  • Market Total Value: $760,000
  • Market Land Value: $178,560
  • Market Improvement Value: $581,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $17,856
  • Assessed Improvements Value: $58,144

    Sales

  • Current Sale Contract Date: Apr 10, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Transaction ID: 11755758404
  • Current Sale Price: $839,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011803076
  • Previous Sale Recording Date: Dec 12, 2014
  • Previous Sale Contract Date: Dec 01, 2014
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 27, 2020
  • First Mortgage Loan Amount: $671,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RBS CITIZENS NA
  • Previous Mortgage Transaction Date: Dec 12, 2014
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2045

About West Side



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Nearby Rentals

Unit for rent at

$4,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,400 ft²
Listing by Stephen Missirlian
Unit for rent at

$4,025 /mo

  • 3 Beds
  • 2 Baths
  • 1,623 ft²
Unit for rent at

$3,964 /mo

  • 2 Beds
  • 2 Baths
  • 1,060 ft²
Listing by Aaron Gill
Unit for rent at

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,683 ft²
Listing by Eric Zace
Unit for rent at

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 2,194 ft²
Listing by Urban Abodes
Unit for rent at

$3,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
Listing by Kieran Conlon

Frequently Asked Questions

What neighborhood is 2422 West Erie Street located in?
The 2422 West Erie Street is a house located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 2422 West Erie Street?
The average sales price for units in 2422 West Erie Street is $869,000 , or $217/sqft. currently.

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