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2608 North Merrimac Avenue

2608 North Merrimac Avenue, Chicago, IL 60639
Property in Belmont Central
Sold Mar 05, 2015
Transfer
$191,714 by Sun West Mortgage Company Inc
Mortgage Due Mar 01, 2045
Sold Jan 14, 2011
$115,000
$200,187 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2041
2608 North Merrimac 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 1915 and is 109 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. 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, 2608 North Merrimac Avenue has 2,302 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 6,076 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 detached garage for those who require parking. According to our sources, there are a total of 3 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 asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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. Before that, the property was also sold for $115,000 in Dec 15, 2010. 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 $3,824 in taxes each year. 2608 North Merrimac Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,000. If we break it down further, the land itself was valued at $9,114. Improvements to the property, however, were assessed at a total of $12,886. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,076
  • Total Building Area: 2,302
  • Gross Building Area: 2,302
  • Building Area: 2,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND HILLS
  • Land Acres: 0.14
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : ROMAN DANIELLE
  • Previous Owner : ROMAN DANIELLE
  • Previous Owner 2: ROMAN CHRISTOPHER
  • Owner Before Previous Owner: GUTOWSKI NICHOLAS
  • Owner Before Previous Owner 2: GUTOWSKI TOMASZ
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190601

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-29-310-040-0000
  • Lot: 26
  • Meridian: SEC 29 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9278
  • Longitude: -87.7823

    Address

  • Full Address: 2608 N Merrimac Ave
  • Address - House Number: 2608
  • Street Direction: N
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C050
  • 4-Digit Zip Code: 1016
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,824
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 368,443
  • High Value: 462,587
  • Low Value: 274,298

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $216,714
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Mar 05, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $191,714
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2045
  • Second Open Lien Mortgage Lender: PARTNERSHIP FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: Sep 23, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $91,140
  • Market Improvement Value: $128,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $9,114
  • Assessed Improvements Value: $12,886

    Sales

  • Current Sale Contract Date: Jan 13, 2015
  • Current Sale Recording Date: Mar 05, 2015
  • Current Sale Transaction ID: 1082602090
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 1506450004
  • Previous Sale Recording Date: Jan 14, 2011
  • Previous Sale Contract Date: Dec 15, 2010
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Mar 05, 2015
  • First Mortgage Loan Amount: $191,714
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 14, 2011
  • Previous Mortgage Loan Amount: $200,187
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2041

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Frequently Asked Questions

What neighborhood is 2608 North Merrimac Avenue located in?
The 2608 North Merrimac Avenue is a located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2608 North Merrimac Avenue?
The average sales price for units in 2608 North Merrimac Avenue is $0 currently.

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