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2430 North Fairfield Avenue

2430 North Fairfield Avenue, Chicago, IL 60647
Property in Logan Square
Sold Jun 19, 1997
$115,000
$103,500 by Home Savings Of America
Mortgage Due Jun 10, 2027
Local assessors in Chicago, IL have categorized 2430 North Fairfield Avenue as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 6,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2430 North Fairfield Avenue has a total of 2,672 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 4 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. The property was last sold in Jun 6, 1997 for $115,000. That's $43.04 per sqft. 2430 North Fairfield Avenue was last assessed in 2023. The total value of the property was assessed at $76,000. Specifically, the land the property is located on was valued at $31,500. While improvements on the property were assessed at a total of $44,500. 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 $5,961. 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. 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: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 2,672
  • Gross Building Area: 2,672
  • Building Area: 2,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARRIET FARLINS
  • Land Acres: 0.145
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: W2SE4 S25 T40N R13E 3P

Ownership

  • Current Owner : BORGES RENALDO
  • Previous Owner : MARTINEZ SANTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 220300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 13-25-424-023-0000
  • Block: 4
  • Lot: 39,40
  • Meridian: SEC 25 TWN 40N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9258
  • Longitude: -87.6966

    Address

  • Full Address: 2430 N Fairfield Ave
  • Address - House Number: 2430
  • Street Direction: N
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 1806
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,961
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 633,790
  • High Value: 795,735
  • Low Value: 471,844

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,500
  • First Open Lien Mortgage Lender: HOME SAVINGS OF AMERICA
  • First Open Lien Mortgage Recording Date: Jun 19, 1997
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $103,500
  • 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: Jun 10, 2027

    Market Valuation

  • Market Total Value: $760,000
  • Market Land Value: $315,000
  • Market Improvement Value: $445,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $31,500
  • Assessed Improvements Value: $44,500

    Sales

  • Current Sale Contract Date: Jun 06, 1997
  • Current Sale Recording Date: Jun 19, 1997
  • Current Sale Transaction ID: 1093373353
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97441196

    Last Sale Mortgage

  • First Mortgage Lender: HOME SAVINGS OF AMERICA
  • First Mortgage Transaction Date: Jun 19, 1997
  • First Mortgage Loan Amount: $103,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 10, 2027

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 2430 North Fairfield Avenue located in?
The 2430 North Fairfield Avenue is a located in the neighborhood of Logan Square in Northwest Side, Chicago.
What is the average sales price for listings in 2430 North Fairfield Avenue?
The average sales price for units in 2430 North Fairfield Avenue is $0 currently.

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