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2450 North Clybourn Avenue

2450 North Clybourn Avenue, Chicago, IL 60614
Commercial in Lathrop
Local assessors in Chicago, IL have categorized 2450 North Clybourn Avenue as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 11,250 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

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. The property was last sold in May 30, 2019 for $6,650,000. That's $1,583.33 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2017 for $514,500. 2450 North Clybourn Avenue was last assessed in 2023. The total value of the property was assessed at $699,200. Specifically, the land the property is located on was valued at $140,625. While improvements on the property were assessed at a total of $558,575. 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 $136,779. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190710
07/10/2019
Studio
-
-
$4,400,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Total Building Area: 4,200
  • Building Area: 4,200
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FULLERTONS 2ND ADD TO CHICAGO
  • Land Acres: 0.258
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: (FULLERTONS) (2ND) ADD TO (CHICAGO) A SUB LYING E OF C.&N.W. RR & W OF SD RR & E OF CLYBOURN AVE IN PT S1/4 OF SE SEC 30-40-1

Ownership

  • Current Owner : 4235 N LEAVITT LLC
  • Previous Owner : 2450 N CLYBOURN LLC
  • Owner Before Previous Owner: PATANKAR PRIYADARSHAN UDAY
  • Owner Before Previous Owner 2: PATANKAR PRANJAL

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070700

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Mar 03, 2009
  • District: 73
  • Parcel: 14-30-400-065-0000
  • Block: 7
  • Lot: 17,18
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.926
  • Longitude: -87.6711

    Address

  • Full Address: 2450 N Clybourn Ave
  • Address - House Number: 2450
  • Street Direction: N
  • Address - Street Name: Clybourn
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C065
  • 4-Digit Zip Code: 2352
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $136,779
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 2,001,615
  • High Value: 2,408,260
  • Low Value: 1,594,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,000,000
  • First Open Lien Mortgage Lender: NORTHBROOK BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jun 06, 2019
  • First Open Lien Mortgage Loan Amount: $4,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $6,992,000
  • Market Land Value: $1,406,250
  • Market Improvement Value: $5,585,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $699,200
  • Assessed Land Value: $140,625
  • Assessed Improvements Value: $558,575

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Transaction ID: 11611502552
  • Current Sale Price: $6,650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1915749266
  • Previous Sale Recording Date: Oct 03, 2017
  • Previous Sale Contract Date: Sep 27, 2017
  • Previous Sale Amount: $514,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHBROOK BANK & TRUST CO
  • First Mortgage Transaction Date: Jun 06, 2019
  • First Mortgage Loan Amount: $4,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Oct 03, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $411,208
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About North Side



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Frequently Asked Questions

What neighborhood is 2450 North Clybourn Avenue located in?
The 2450 North Clybourn Avenue is a commercial located in the neighborhood of Lathrop in North Side, Chicago.
What is the average sales price for listings in 2450 North Clybourn Avenue?
The average sales price for units in 2450 North Clybourn Avenue is $0 currently.

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