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2624 North Wayne Avenue

2624 North Wayne Avenue, Chicago, IL 60614
Property in Wrightwood
Sold May 27, 2021
$595,000
$476,000 by Crosscountry Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Oct 18, 2019
$855,000
$855,000 by Bny Mellon Na
Mortgage Due Nov 01, 2049
Local assessors in Chicago, IL have categorized 2624 North Wayne Avenue as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 1,431 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2624 North Wayne Avenue was last sold in Apr 30, 2021 for $595,000. Prior to that sales transaction, the property was sold for $855,000 in Oct 8, 2019. Current property owners are expected to pay $4,467 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2624 North Wayne Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,717. To break that down further, the land itself was valued at $21,465. While improvements to the property were assessed at a total of $252. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 4
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,431
  • 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: ALTGELDS
  • Land Acres: 0.33
  • Standard Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : CARROLL ALLISON
  • Current Owner 2: DADABO JOSEPH
  • Previous Owner : DALAL HARDIK
  • Previous Owner 2: DALAL MINA
  • Owner Before Previous Owner: GALLO JESSICA
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-307-062-0000
  • Lot: 26
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9297
  • Longitude: -87.6628

    Address

  • Full Address: 2624 N Wayne Ave
  • Address - House Number: 2624
  • Street Direction: N
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,467
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 659,521
  • High Value: 789,940
  • Low Value: 529,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $476,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $217,170
  • Market Land Value: $214,650
  • Market Improvement Value: $2,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,717
  • Assessed Land Value: $21,465
  • Assessed Improvements Value: $252

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836297620
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2114741141
  • Previous Sale Recording Date: Oct 18, 2019
  • Previous Sale Contract Date: Oct 08, 2019
  • Previous Sale Amount: $855,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BNY MELLON NA
  • Previous Mortgage Transaction Date: Oct 18, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $855,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 2624 North Wayne Avenue located in?
The 2624 North Wayne Avenue is a located in the neighborhood of Wrightwood in North Side, Chicago.
What is the average sales price for listings in 2624 North Wayne Avenue?
The average sales price for units in 2624 North Wayne Avenue is $0 currently.

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