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2540 West Bloomingdale Avenue

2540 West Bloomingdale Avenue, Chicago, IL 60647
Property in Logan Square
Sold Sep 01, 2022
$630,000
$504,000 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2052
Sold Oct 15, 2019
$520,000
$442,000 by The Anderson Financial Group I
Mortgage Due Oct 01, 2049
2540 West Bloomingdale 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 2001 and is 23 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2540 West Bloomingdale Avenue has 1,454 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 987 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

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 attached 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2540 West Bloomingdale Avenue sold most recently in Aug 10, 2022 for a total of $630,000. If you work out the math, that's approximately a cost of $433.29 per sqft. Before that, the property was also sold for $520,000 in Sep 26, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,819 in taxes each year. 2540 West Bloomingdale Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,001. If we break it down further, the land itself was valued at $4,442. Improvements to the property, however, were assessed at a total of $46,559. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 987
  • Total Building Area: 1,454
  • Gross Building Area: 1,454
  • Building Area: 1,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,454
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNSTONS
  • Land Acres: 0.023
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : MARTIN CORTLAN
  • Current Owner 2: MARTIN ANO LAUREN
  • Previous Owner : ROOT MICHAEL
  • Previous Owner 2: ROOT CAITLIN
  • Owner Before Previous Owner: ARCHIBALD MICHAEL P
  • Owner Before Previous Owner 2: ARCHIBALD AMANDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 832400

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 010-105-01
  • District: 77
  • Parcel: 13-36-415-065-0000
  • Block: 3
  • Meridian: SEC 36 TWN 40N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9141
  • Longitude: -87.6914

    Address

  • Full Address: 2540 W Bloomingdale Ave
  • Address - House Number: 2540
  • Street Direction: W
  • Address - Street Name: Bloomingdale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C074
  • 4-Digit Zip Code: 4336
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,819
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 664,696
  • High Value: 818,384
  • Low Value: 511,009

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 01, 2022
  • First Open Lien Mortgage Loan Amount: $504,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $510,010
  • Market Land Value: $44,420
  • Market Improvement Value: $465,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,001
  • Assessed Land Value: $4,442
  • Assessed Improvements Value: $46,559

    Sales

  • Current Sale Contract Date: Aug 10, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Transaction ID: 11905429278
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 39232
  • Previous Sale Recording Date: Oct 15, 2019
  • Previous Sale Contract Date: Sep 26, 2019
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 01, 2022
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: THE ANDERSON FINANCIAL GROUP I
  • Previous Mortgage Transaction Date: Oct 15, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $442,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2540 West Bloomingdale Avenue located in?
The 2540 West Bloomingdale Avenue is a located in the neighborhood of Logan Square in Northwest Side, Chicago.
What is the average sales price for listings in 2540 West Bloomingdale Avenue?
The average sales price for units in 2540 West Bloomingdale Avenue is $0 currently.

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