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2548 West Division Street

2548 West Division Street, Chicago, IL 60622
Commercial in Humboldt Park
1 Units For Sale
Unit for sale at 2548 W Division Street, Chicago, IL 60622

$679,000

  • Commercial
  • 4,000 ft²
2548 W Division Street, Chicago, IL 60622 Listing by Joseph Betancourt

2548 West Division Street in Chicago, IL was first built in 1905 and is 119 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2548 West Division Street has 4,640 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 240 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $11,518 in taxes each year. 2548 West Division Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,000. If we break it down further, the land itself was valued at $13,500. Improvements to the property, however, were assessed at a total of $42,500. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220422
04/22/2022
Loft
-
4000 ft²
$765,300
bedrooms
Loft
bathrooms
-
square feet
4000 ft²
-
-
-
Joseph Betancourt
Betancourt Realty

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 240
  • Total Building Area: 4,640
  • Gross Building Area: 4,640
  • Building Area: 4,640
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 4,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JACO BSONS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (RESUBDIVISION) OF SOUTH PT BLKS5-8 IN WINSLOW & JACO BSONS SUB OF SE NE SEC 01-39-13

Ownership

  • Current Owner : ME AHORRE LLC
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241100

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-226-041-0000
  • Block: 5-8
  • Lot: 25
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9033
  • Longitude: -87.6914

    Address

  • Full Address: 2548 W Division St
  • Address - House Number: 2548
  • Street Direction: W
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C067
  • 4-Digit Zip Code: 2806
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,518
  • Tax Rate Code Area: 77050

    Market Valuation

  • Market Total Value: $560,000
  • Market Land Value: $135,000
  • Market Improvement Value: $425,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,000
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $42,500

    Sales

  • Current Sale Contract Date: Mar 22, 2013
  • Current Sale Recording Date: Apr 12, 2013
  • Current Sale Transaction ID: 1177217666
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 1310254011

    Last Sale Mortgage

  • First Mortgage Lender: BELMONT BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 12, 2013
  • First Mortgage Loan Amount: $354,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 08, 2018

    Financing

  • First Mortgage Financing Type: Unknown

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2548 West Division Street located in?
The 2548 West Division Street is a commercial located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
How many listings are currently for sale in 2548 West Division Street?
There is one unit for sale right now.
What is the average sales price for listings in 2548 West Division Street?
The average sales price for units in 2548 West Division Street is $679,000 , or $170/sqft. currently.

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