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2641 West Division Street

2641 West Division Street, Chicago, IL 60622
Property in Humboldt Park
Sold Jun 08, 2022
$560,000
$350,000 by Park Ridge Community Bank
Mortgage Due Jun 01, 2037
Sold Aug 14, 2003
$355,000
2641 West Division Street in Chicago, IL was first built in 1923 and is 101 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. There are a total of 11 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 2641 West Division Street has 5,300 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 3,096 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 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. According to our sources, 2641 West Division Street sold most recently in May 12, 2022 for a total of $560,000. If you work out the math, that's approximately a cost of $105.66 per sqft. Before that, the property was also sold for $355,000 in Jun 17, 2003. 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 $11,518 in taxes each year. 2641 West Division Street was most recently assessed in 2023. 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 $13,932. Improvements to the property, however, were assessed at a total of $42,068. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,096
  • Total Building Area: 5,300
  • Gross Building Area: 5,300
  • Building Area: 5,300
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WETHERBEE & GREGORYS
  • Land Acres: 0.071
  • Standard Land Use Code: Misc Residential improvement

Ownership

  • Current Owner : 2641 DIVISION BUILIDING LLC
  • Previous Owner : MARQUETTE BANK
  • Owner Before Previous Owner: PANIGIRAKIS HELEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242600

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-401-047-0000
  • Block: 1
  • Lot: 13,14
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9025
  • Longitude: -87.6936

    Address

  • Full Address: 2641 W Division St
  • Address - House Number: 2641
  • Street Direction: W
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C076
  • 4-Digit Zip Code: 6107
  • Zip Code: 60622

Valuation

    Tax

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

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: PARK RIDGE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2022
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $560,000
  • Market Land Value: $139,320
  • Market Improvement Value: $420,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,000
  • Assessed Land Value: $13,932
  • Assessed Improvements Value: $42,068

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Transaction ID: 11905312223
  • Current Sale Price: $560,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 41060
  • Previous Sale Recording Date: Aug 14, 2003
  • Previous Sale Contract Date: Jun 17, 2003
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK RIDGE COMMUNITY BANK
  • First Mortgage Transaction Date: Jun 08, 2022
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2037

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2641 West Division Street located in?
The 2641 West Division Street is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 2641 West Division Street?
The average sales price for units in 2641 West Division Street is $0 currently.

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