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2423 West Walton Street

2423 West Walton Street, Chicago, IL 60622
Property in Humboldt Park
Refi Dec 08, 2017
Transfer
$160,000 by Nations Direct Mortgage Llc
Mortgage Due Jan 01, 2048
2423 West Walton 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 1880 and is 144 years old. The home has a total of 3 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2423 West Walton Street has 720 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 240 ft. The area measurement of the land has been determined as 3,000 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 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 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 wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 2423 West Walton Street was last assessed in 2023. The total value of the property was assessed at $34,000. Specifically, the land the property is located on was valued at $13,500. While improvements on the property were assessed at a total of $20,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,456. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 240
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARMICHAELS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CARMICHAELS) SUB OF N3/4 OF EH SE SE SEC 01-39-13

Ownership

  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-423-013-0000
  • Block: 2
  • Lot: 16
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8982
  • Longitude: -87.6879

    Address

  • Full Address: 2423 W Walton St
  • Address - House Number: 2423
  • Street Direction: W
  • Address - Street Name: Walton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C066
  • 4-Digit Zip Code: 4615
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,456
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 358,297
  • High Value: 412,376
  • Low Value: 304,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $135,000
  • Market Improvement Value: $205,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $20,500

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2423 West Walton Street located in?
The 2423 West Walton Street is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 2423 West Walton Street?
The average sales price for units in 2423 West Walton Street is $0 currently.

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