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2450 West Berwyn Avenue

2450 West Berwyn Avenue, Chicago, IL 60625
Property in Budlong Woods
Sold Jan 21, 2005
$420,000
$250,000 by Park Ridge Community Bank
Mortgage Due Apr 09, 2024
Sold May 12, 1997
$175,000
$171,217 by Bank United
Mortgage Due May 01, 2027
2450 West Berwyn Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2450 West Berwyn Avenue has 2,184 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,535 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of asphalt. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in Mar 30, 2004 for $420,000. That's $192.31 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 1997 for $175,000. 2450 West Berwyn Avenue was last assessed in 2023. The total value of the property was assessed at $39,672. Specifically, the land the property is located on was valued at $17,712. While improvements on the property were assessed at a total of $21,960. 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 $8,160. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,535
  • Total Building Area: 2,184
  • Building Area: 2,184

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUDLONGS SUB
  • Land Acres: 0.127
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: (BUDLONGS) SUB OF S 1/4 SE SE NE ALSO DED OF S 8 FT W 626 FT E 659 FT N 3/4 SE SE NE SE SE NE SEC 12-40-13

Ownership

  • Current Owner : M & K DEVELOPERS LLC
  • Previous Owner : DELACRUZ VICTOR J
  • Previous Owner 2: DELACRUZ RADHA
  • Owner Before Previous Owner: EHLSCHEID CHARLENE A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-12-233-010-0000
  • Lot: 20,21
  • Meridian: SEC 12 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9761
  • Longitude: -87.6911

    Address

  • Full Address: 2450 W Foster Ave
  • Address - House Number: 2450
  • Street Direction: W
  • Address - Street Name: Foster
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C056
  • 4-Digit Zip Code: 6858
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,160
  • Tax Rate Code Area: 71053

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 469,278
  • High Value: 554,559
  • Low Value: 383,997

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: PARK RIDGE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Apr 21, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 09, 2024

    Market Valuation

  • Market Total Value: $396,720
  • Market Land Value: $177,120
  • Market Improvement Value: $219,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,672
  • Assessed Land Value: $17,712
  • Assessed Improvements Value: $21,960

    Sales

  • Current Sale Contract Date: Mar 30, 2004
  • Current Sale Recording Date: Jan 21, 2005
  • Current Sale Transaction ID: 1093224532
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0502102181
  • Previous Sale Recording Date: May 12, 1997
  • Previous Sale Contract Date: Apr 28, 1997
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK RIDGE COMMUNITY BANK
  • First Mortgage Transaction Date: Jan 21, 2005
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 1
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 31, 2005

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANK UNITED
  • Previous Mortgage Transaction Date: May 12, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $171,217
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2027

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Frequently Asked Questions

What neighborhood is 2450 West Berwyn Avenue located in?
The 2450 West Berwyn Avenue is a located in the neighborhood of Budlong Woods in North Side, Chicago.
What is the average sales price for listings in 2450 West Berwyn Avenue?
The average sales price for units in 2450 West Berwyn Avenue is $0 currently.

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