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2426 North Hamlin Avenue

2426 North Hamlin Avenue, Chicago, IL 60647
Multifamily in Logan Square
1 Units For Sale
Unit for sale at 2426 N Hamlin Avenue, Chicago, IL 60647

$850,000

  • 8 Beds
2426 N Hamlin Avenue, Chicago, IL 60647 Listing by Greg Whelan

2426 North Hamlin Avenue in Chicago, IL was first built in 1900 and is 124 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 3 floors. There are a total of 15 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2426 North Hamlin Avenue has 3,721 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 1,250 ft and the linear feet between the front and back of the lot is 250. 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. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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 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. 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, 2426 North Hamlin Avenue sold most recently in Feb 13, 2019 for a total of $562,500. If you work out the math, that's approximately a cost of $151.17 per sqft. Before that, the property was also sold for $62,000 in Aug 12, 2010. 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 $12,090 in taxes each year. 2426 North Hamlin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $62,001. If we break it down further, the land itself was valued at $10,938. Improvements to the property, however, were assessed at a total of $51,063. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181107
11/07/2018
8 Bed
-
-
$599,000
bedrooms
8 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,721
  • Gross Building Area: 3,721
  • Building Area: 3,721
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,721
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PENNOCK SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (PENNOCK) SUB IN PT SECS27&34 AND IN WH SW SEC 26-40-13

Ownership

  • Current Owner : MEYER STEVE L
  • Current Owner 2: ROUSE LISA M
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Owner Before Previous Owner: ZABADNEH SAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 220701

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-26-326-026-0000
  • Block: 36
  • Lot: 13
  • Meridian: SEC 26 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9254
  • Longitude: -87.7223

    Address

  • Full Address: 2426 N Hamlin Ave
  • Address - House Number: 2426
  • Street Direction: N
  • Address - Street Name: Hamlin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C062
  • 4-Digit Zip Code: 7968
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,090
  • Tax Rate Code Area: 71163

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 565,001
  • High Value: 709,369
  • Low Value: 420,632

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $537,500
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 17, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $537,500
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $620,010
  • Market Land Value: $109,380
  • Market Improvement Value: $510,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,001
  • Assessed Land Value: $10,938
  • Assessed Improvements Value: $51,063

    Sales

  • Current Sale Contract Date: Feb 13, 2019
  • Current Sale Recording Date: Feb 28, 2019
  • Current Sale Transaction ID: 11574161099
  • Current Sale Price: $562,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1905941004
  • Previous Sale Recording Date: Aug 30, 2010
  • Previous Sale Contract Date: Aug 12, 2010
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Feb 28, 2019
  • First Mortgage Loan Amount: $534,306
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2426 North Hamlin Avenue located in?
The 2426 North Hamlin Avenue is a multifamily located in the neighborhood of Logan Square in Northwest Side, Chicago.
How many listings are currently for sale in 2426 North Hamlin Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 2426 North Hamlin Avenue?
The average sales price for units in 2426 North Hamlin Avenue is $850,000 currently.

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