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2507 West Walton Street

2507 West Walton Street, Chicago, IL 60622
Multifamily in Humboldt Park
Local assessors in Chicago, IL have categorized 2507 West Walton Street as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. 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 8 rooms in the home. Of these, 4 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 2507 West Walton Street has a total of 1,720 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 frame 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 asphalt. Lots of wood 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 heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2507 West Walton Street sold most recently in Dec 10, 2015 for a total of $131,000. If you work out the math, that's approximately a cost of $76.16 per sqft. Before that, the property was also sold for $180,000 in Mar 9, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,964 in taxes each year. 2507 West Walton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,446. If we break it down further, the land itself was valued at $14,063. Improvements to the property, however, were assessed at a total of $34,383. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220221
02/21/2022
6 Bed
-
-
$750,000
bedrooms
6 Bed
bathrooms
-
-
-
-
Lidiia Chernysheva
Barr Agency, Inc

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • 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: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,720
  • Gross Building Area: 1,720
  • Building Area: 1,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DEMAREST & KAMERLINGS COLUMBIAN
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (DEMAREST) & (KAMERLINGS)(COLUMBIAN) SUB OF WH SE SE SEC 01-39-13

Ownership

  • Current Owner : SOMPALLI CHANDRA SEKHAR
  • Previous Owner : PETERS IRYNA
  • Owner Before Previous Owner: RYKHTYK ANDRIY
  • Owner Before Previous Owner 2: RYKHTYK LYUBA
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-422-021-0000
  • Block: 2
  • Lot: 3
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8982
  • Longitude: -87.6897

    Address

  • Full Address: 2507 W Walton St
  • Address - House Number: 2507
  • Street Direction: W
  • Address - Street Name: Walton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C066
  • 4-Digit Zip Code: 4510
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,964
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 498,394
  • High Value: 625,743
  • Low Value: 371,044

    Market Valuation

  • Market Total Value: $484,460
  • Market Land Value: $140,630
  • Market Improvement Value: $343,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,446
  • Assessed Land Value: $14,063
  • Assessed Improvements Value: $34,383

    Sales

  • Current Sale Contract Date: Dec 10, 2015
  • Current Sale Recording Date: Jan 12, 2016
  • Current Sale Transaction ID: 1403035313
  • Current Sale Price: $131,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 1601201050
  • Previous Sale Recording Date: Mar 21, 2011
  • Previous Sale Contract Date: Mar 09, 2011
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MIDAMERICA LENDERS & CO
  • Previous Mortgage Transaction Date: Mar 21, 2011
  • Previous Mortgage Loan Amount: $144,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2507 West Walton Street located in?
The 2507 West Walton Street is a multifamily located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 2507 West Walton Street?
The average sales price for units in 2507 West Walton Street is $0 currently.

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