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2431 South Albany Avenue

2431 South Albany Avenue, Chicago, IL 60623
Property in Little Village
2431 South Albany Avenue in Chicago, IL was first built in 1890 and is 134 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 8 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. 2431 South Albany Avenue has 1,344 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 3,050 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 no garage. 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 masonry 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 masonry. 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. The property was last sold in Nov 7, 2022 for $280,000. That's $208.33 per sqft. 2431 South Albany Avenue was last assessed in 2023. The total value of the property was assessed at $8,000. Specifically, the land the property is located on was valued at $3,584. While improvements on the property were assessed at a total of $4,416. 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 $379. 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! 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220330
03/30/2022
5 Bed
-
-
$294,900
bedrooms
5 Bed
bathrooms
-
-
-
-
Marcos Mendez
America Real Estate

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,050
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TREGO & SMITHS
  • Land Acres: 0.07
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: WEST697 FT E18 AC W34 AC S64 AC SEC 25 NW4 S25 T39N R13E 3P

Ownership

  • Current Owner : RAMOS JADE NICOLE
  • Current Owner 2: RAMOS XAVIER
  • Previous Owner : MENDEZ MARCOS
  • Previous Owner 2: MENDEZ LYDIA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 300900

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 012-106-02
  • District: 77
  • Parcel: 16-25-116-014-0000
  • Block: 2
  • Lot: 27
  • Meridian: SEC 25 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8472
  • Longitude: -87.7023

    Address

  • Full Address: 2431 S Albany Ave
  • Address - House Number: 2431
  • Street Direction: S
  • Address - Street Name: Albany
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C007
  • 4-Digit Zip Code: 4104
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $379
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 299,649
  • High Value: 376,215
  • Low Value: 223,082

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,365
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 15, 2022
  • First Open Lien Mortgage Loan Amount: $305,365
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $35,840
  • Market Improvement Value: $44,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,000
  • Assessed Land Value: $3,584
  • Assessed Improvements Value: $4,416

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 15, 2022
  • Current Sale Transaction ID: 11905294630
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28051

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 15, 2022
  • First Mortgage Loan Amount: $305,365
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

About West Side



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Frequently Asked Questions

What neighborhood is 2431 South Albany Avenue located in?
The 2431 South Albany Avenue is a located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2431 South Albany Avenue?
The average sales price for units in 2431 South Albany Avenue is $0 currently.

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