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2423 West Eastwood Avenue

2423 West Eastwood Avenue, Chicago, IL 60625
Property in Ravenswood
Sold Dec 19, 2006
$535,000
$417,000 by Citimortgage Inc
Mortgage Due Dec 01, 2036
Sold Nov 16, 2001
$232,000
Buyer
Seller
$225,000
Mortgage Due Oct 11, 2006
2423 West Eastwood 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 1912 and is 112 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2423 West Eastwood Avenue has 2,083 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 3,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 no garage for those who require parking. According to our sources, there is one available parking space. 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 frame 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 stucco. 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. 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, 2423 West Eastwood Avenue sold most recently in Nov 29, 2006 for a total of $535,000. If you work out the math, that's approximately a cost of $256.84 per sqft. Before that, the property was also sold for $232,000 in Oct 11, 2001. 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 $12,444 in taxes each year. 2423 West Eastwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,923. If we break it down further, the land itself was valued at $8,640. Improvements to the property, however, were assessed at a total of $55,283. 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: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 2,083
  • Gross Building Area: 2,083
  • Building Area: 2,083
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,083
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWEST LAND ASSOCIATION
  • Land Acres: 0.083
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : FOURCHER MICHAEL
  • Current Owner 2: FOURCHER TERESA
  • Previous Owner : DUFF RYAN
  • Previous Owner 2: DUFF KELLY JOURDAN
  • Owner Before Previous Owner: DUFF ROBERT D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-13-214-012-0000
  • Block: 10
  • Lot: 38
  • Meridian: SEC 13 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9655
  • Longitude: -87.6897

    Address

  • Full Address: 2423 W Eastwood Ave
  • Address - House Number: 2423
  • Street Direction: W
  • Address - Street Name: Eastwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 2907
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,444
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 574,445
  • High Value: 721,226
  • Low Value: 427,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 19, 2006
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $639,230
  • Market Land Value: $86,400
  • Market Improvement Value: $552,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,923
  • Assessed Land Value: $8,640
  • Assessed Improvements Value: $55,283

    Sales

  • Current Sale Contract Date: Nov 29, 2006
  • Current Sale Recording Date: Dec 19, 2006
  • Current Sale Transaction ID: 1144255132
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0635302136
  • Previous Sale Recording Date: Nov 16, 2001
  • Previous Sale Contract Date: Oct 11, 2001
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Dec 19, 2006
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 01, 2036

    Previous Mortgages

  • Previous Mortgage Transaction Date: Nov 16, 2001
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 11, 2006

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Frequently Asked Questions

What neighborhood is 2423 West Eastwood Avenue located in?
The 2423 West Eastwood Avenue is a located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 2423 West Eastwood Avenue?
The average sales price for units in 2423 West Eastwood Avenue is $0 currently.

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