When was property at 2503 Payne Street built and last sold?

The property at 2503 Payne Street was built in 1925 and last sold on Mar 31, 2023 for $655,000.

How much is this home worth?

The estimated value of the home located at 2503 Payne Street is $0.

What are some comparable homes to 2503 Payne Street?

There are currently no comparable homes to 2503 Payne Street.

Evanston

60201

Evanston

2503 Payne Street

$655,000

● House - Off Market

2503 Payne Street

Evanston, IL 60201

3 Beds

3 Baths, 2 Half Baths

$668,783

RealtyHop Estimate

3.05%

Since Apr 1, 2023

National-US

Primary Model

About This Property

NW Evanston Charmer!! This red brick Otto Schultz home is light and bright and has great living space on 2 levels plus a partially finished basement! Hardwood floors, Arched doorways, Fireplace with built-in bookcases! South-facing Sunroom opens to spacious living room which then flows into a formal dining room and then a nicely updated kitchen. 3 Bedrooms and spacious bathroom on the 2nd floor. Lower Level is partially finished and plumbed for half bathroom. Drain tile and sump pump and lots of storage. Rare side driveway leads to a 1-car garage and lovely backyard. Newer windows throughout most of the home. Lincolnwood School and walk to Central St. Shops!

Unit Size

Days on Market

Land Size

0.13 acres

Price per sqft

Property Type

House

Property Taxes

$949

HOA Dues

Year Built

1925

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11709887)

Price History

Date / Event	Date	Event
Mar 31, 2023	Sold	Premium
Sold
Nov 27, 2022	Listed by Jameson Sotheby's International Realty	$649,000
Listed by Jameson Sotheby's International Realty

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1925

Effective Year Built: 1925
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 63
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 11
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,750

Lot Size Depth Feet: 1,150
Lot Size Frontage Feet: 500
Total Building Area: 1,555
Gross Building Area: 1,555
Building Area: 1,555
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 10
Heated Square Feet: 1,555
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: COMMONS & BESTS ADD TO EVANSTON
Land Acres: 0000000132
Standard Land Use Code: 1001
County Land Use Code: 2-05
Legal Description 1: (COMMONS) & (BESTS) ADD TO (EVANSTON) SUB PT SW SW SE C 12 & PT SE SE SEC 11 SW SW SEC 12-41-13

Neighborhood

School District Name: Evanston Community Consolidated School District 65

Census Tract: 809100

Geography

District: 17

Parcel: 10-12-315-015-0000
Block: 4,4
Lot: 25,24
Meridian: SEC 12 TWN 41N RNG 13E
Municipality: EVANSTON
Latitude: 42.057
Longitude: -87.7082

Address

Full Address: 2503 Payne St

Address - House Number: 2503
Address - Street Name: Payne
Address - Suffix Type: St
State: IL
City Name: Evanston
Carrier Code: C028
4-Digit Zip Code: 2130
Zip Code: 60201

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,035,512
Tax Rate Code Area: 17001

Appraisal Valuation

Standard Deviation: 0.2289

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 609,215
High Value: 748,701
Low Value: 469,729

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $480,010

Market Land Value: $129,380
Market Improvement Value: $350,630

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $48,001
Assessed Land Value: $12,938
Assessed Improvements Value: $35,063

Sales

Current Sale Contract Date: Mar 31, 2023

Current Sale Recording Date: Apr 06, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 41169
Previous Sale Recording Date: Jul 21, 2014
Previous Sale Contract Date: Jul 08, 2014
Previous Sale Amount: $529,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Evanston

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$322

Below Asking

0.01%

Average Days on Market

Average Home Size

1541 ft²

Average Home Age

74.5 years

Currently For Sale

123 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1580 Sherman Avenue, Evanston, IL, 60201

$2,750 /mo

1 Bed
1 Bath
894 ft²

1580 Sherman Avenue #PH08, Evanston, IL, 60201 Listing by Jennifer Bridgeforth

Unit for rent at 1505 Maple Avenue, Evanston, IL, 60201

$2,750 /mo

3 Beds
1 Bath
1,500 ft²

1505 Maple Avenue #3, Evanston, IL, 60201 Listing by Regina Cartright

Unit for rent at 1101 Grove Street, Evanston, IL, 60201

$2,490 /mo

2 Beds
2 Baths
1,250 ft²

1101 Grove Street #4A, Evanston, IL, 60201 Listing by Nathan Shin

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Julie Fleetwood, Jameson Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11709887

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

2503 Payne Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Evanston

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions