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2425 West Winnemac Avenue

2425 West Winnemac Avenue, Chicago, IL 60625
Multifamily in Ravenswood
Sold Jun 14, 2022
$675,000
$405,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2052
Sold Apr 19, 2002
$390,000
$250,000 by Plaza Bank
Mortgage Due May 01, 2032
2425 West Winnemac Avenue in Chicago, IL was first built in 1914 and is 110 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 multifamily style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2425 West Winnemac Avenue has 2,016 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 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. 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 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, 2425 West Winnemac Avenue was last sold in May 13, 2022 for $675,000. According to our calculations, that's $334.82 per sqft. Prior to that sales transaction, the property was sold for $390,000 in Apr 11, 2002. Current property owners are expected to pay $11,075 in taxes per year. The property on 2425 West Winnemac Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $60,000. To break that down further, the land itself was valued at $7,500. While improvements to the property were assessed at a total of $52,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 6
  • 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: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHUPPS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SCHUPPS) SUB OF LTS 20 & EX S 130 FT 21 IN BOWMANVIL LE SUB PT OF EH SE & ALL SW SE IN SE SEC 12-40-13

Ownership

  • Current Owner : JURIK PHILIP F
  • Previous Owner : MIDWEST BANK AND TRUST
  • Owner Before Previous Owner: 3457 NORTH AVERS LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040201

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-12-411-032-0000
  • Block: 17
  • Lot: 20
  • Meridian: SEC 12 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9726
  • Longitude: -87.6901

    Address

  • Full Address: 2425 W Winnemac Ave
  • Address - House Number: 2425
  • Street Direction: W
  • Address - Street Name: Winnemac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 2613
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,075
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 777,648
  • High Value: 895,022
  • Low Value: 660,273

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 14, 2022
  • First Open Lien Mortgage Loan Amount: $405,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $600,000
  • Market Land Value: $75,000
  • Market Improvement Value: $525,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $52,500

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Transaction ID: 11905314379
  • Current Sale Price: $675,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 25033
  • Previous Sale Recording Date: Apr 19, 2002
  • Previous Sale Contract Date: Apr 11, 2002
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 14, 2022
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA BANK
  • Previous Mortgage Transaction Date: Apr 19, 2002
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2032

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Frequently Asked Questions

What neighborhood is 2425 West Winnemac Avenue located in?
The 2425 West Winnemac Avenue is a multifamily located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 2425 West Winnemac Avenue?
The average sales price for units in 2425 West Winnemac Avenue is $0 currently.

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