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2618 North Rockwell Street

2618 North Rockwell Street, Chicago, IL 60647
Property in Logan Square
Sold May 02, 1997
$1,087,500
$2,200,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051
Sold Nov 03, 1995
$850,000
$813,750 by St Paul Federal Bank For Svgs
Mortgage
2618 North Rockwell Street in Chicago, IL was first built in 1924 and is 100 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 3 floors. The linear feet across the front of the lot is 1,000 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 12,600 square feet.

Learn more about the property and building on this page. 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, 2618 North Rockwell Street sold most recently in Apr 29, 1997 for a total of $1,087,500. Before that, the property was also sold for $850,000 in Oct 26, 1995. 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 $63,760 in taxes each year. 2618 North Rockwell Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $308,941. If we break it down further, the land itself was valued at $18,270. Improvements to the property, however, were assessed at a total of $290,671. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 28
  • Business/Commerical Units Count: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARLINS SUB
  • Land Acres: 0.289
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: HARRIET (FARLINS) SUB **BLKS1 8-9 & 15 ONLY** OF W3/4 OF NH NW SE EX PT OF C&NW RR & EH SE NW SE SEC 25-40-13

Ownership

  • Current Owner : WINICK ADRIAN
  • Current Owner 2: WINICK ADAM
  • Previous Owner : MUDD CHARLES T
  • Previous Owner 2: KING ANTHONY J
  • Owner Before Previous Owner: AMERICAN NATIONAL BK & TR CO OF CHICAGO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 220300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 13-25-411-015-0000
  • Block: 15
  • Lot: 13,10
  • Meridian: SEC 25 TWN 40N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9295
  • Longitude: -87.6931

    Address

  • Full Address: 2618 N Rockwell St
  • Address - House Number: 2618
  • Street Direction: N
  • Address - Street Name: Rockwell
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 1962
  • Zip Code: 60647

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $63,760
  • Tax Rate Code Area: 77135

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,778,423
  • High Value: 2,232,844
  • Low Value: 1,324,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,200,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Loan Amount: $2,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $3,089,410
  • Market Land Value: $182,700
  • Market Improvement Value: $2,906,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,941
  • Assessed Land Value: $18,270
  • Assessed Improvements Value: $290,671

    Sales

  • Current Sale Contract Date: Apr 29, 1997
  • Current Sale Recording Date: May 02, 1997
  • Current Sale Transaction ID: 1083298790
  • Current Sale Price: $1,087,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97310166
  • Previous Sale Recording Date: Nov 03, 1995
  • Previous Sale Contract Date: Oct 26, 1995
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NATL TRUST & S
  • First Mortgage Transaction Date: May 02, 1997
  • First Mortgage Loan Amount: $840,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: ST PAUL FEDERAL BANK FOR SVGS
  • Previous Mortgage Transaction Date: Nov 03, 1995
  • Previous Mortgage Loan Amount: $813,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$5,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,230 ft²
Listing by Kristen Lee Chaney

Frequently Asked Questions

What neighborhood is 2618 North Rockwell Street located in?
The 2618 North Rockwell Street is a located in the neighborhood of Logan Square in Northwest Side, Chicago.
What is the average sales price for listings in 2618 North Rockwell Street?
The average sales price for units in 2618 North Rockwell Street is $0 currently.

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