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2624 South Tripp Avenue

2624 South Tripp Avenue, Chicago, IL 60623
Multifamily in Little Village
Sold Apr 23, 2019
Transfer
$210,382 by Ocmbc Inc
Mortgage Due Nov 01, 2051
Sold Mar 06, 2018
$292,500
2624 South Tripp Avenue 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2624 South Tripp Avenue has 2,016 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. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. 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 air conditioning. As for heating, the home is utilizing a hot water heating system. Prior to that sales transaction, the property was also sold in Feb 20, 2018 for $292,500. 2624 South Tripp Avenue was last assessed in 2023. The total value of the property was assessed at $21,000. Specifically, the land the property is located on was valued at $3,672. While improvements on the property were assessed at a total of $17,328. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,319. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: Other
  • 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: 3,125
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUBBARDS
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : SANCHEZ DANIEL
  • Previous Owner : COUNTY OF COOK
  • Owner Before Previous Owner: BERRIOS MIGUEL I
  • Owner Before Previous Owner 2: BERRIOS MARIA I

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 301802

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 020-129-03
  • District: 77
  • Parcel: 16-27-402-028-0000
  • Lot: 52
  • Meridian: SEC 27 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8433
  • Longitude: -87.731

    Address

  • Full Address: 2624 S Tripp Ave
  • Address - House Number: 2624
  • Street Direction: S
  • Address - Street Name: Tripp
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 5174
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,319
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 363,529
  • High Value: 456,417
  • Low Value: 270,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,382
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $210,382
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $36,720
  • Market Improvement Value: $173,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $17,328

    Sales

  • Current Sale Contract Date: Feb 04, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Transaction ID: 11600012645
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1911308123
  • Previous Sale Recording Date: Mar 06, 2018
  • Previous Sale Contract Date: Feb 20, 2018
  • Previous Sale Amount: $292,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Apr 23, 2019
  • First Mortgage Loan Amount: $220,349
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

About West Side



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Frequently Asked Questions

What neighborhood is 2624 South Tripp Avenue located in?
The 2624 South Tripp Avenue is a multifamily located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2624 South Tripp Avenue?
The average sales price for units in 2624 South Tripp Avenue is $0 currently.

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