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2642 South Karlov Avenue

2642 South Karlov Avenue, Chicago, IL 60623
Multifamily in Little Village
Sold Jun 07, 2019
$186,000
Sold Jul 28, 2004
$195,000
$185,250 by Second Federal Savings
Mortgage Due Jun 01, 2034
2642 South Karlov 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 1900 and is 124 years old. The home has a total of 10 rooms. 6 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, 2642 South Karlov Avenue has 2,467 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 3,125 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 2 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 heating system. 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, 2642 South Karlov Avenue was last sold in May 30, 2019 for $186,000. According to our calculations, that's $75.40 per sqft. Prior to that sales transaction, the property was sold for $195,000 in May 11, 2004. Current property owners are expected to pay $3,204 in taxes per year. The property on 2642 South Karlov Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,000. To break that down further, the land itself was valued at $3,672. While improvements to the property were assessed at a total of $15,328. 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. 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. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,467
  • Gross Building Area: 2,467
  • Building Area: 2,467
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,467
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCMILLAN & WETMORES
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MCMILLAN) & (WETMORES) SUB OF N1/4 EH SE SEC 27-39-13

Ownership

  • Current Owner : OLIVARES JUANA
  • Previous Owner : FLORES JOEL
  • Owner Before Previous Owner: MIRIAM ESQUIVEL JUAN
  • Owner Before Previous Owner 2: MIRIAM MALANCINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 020-132-01
  • District: 77
  • Parcel: 16-27-405-037-0000
  • Block: 3
  • Lot: 36
  • Meridian: SEC 27 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8429
  • Longitude: -87.7272

    Address

  • Full Address: 2642 S Karlov Ave
  • Address - House Number: 2642
  • Street Direction: S
  • Address - Street Name: Karlov
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 4433
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,204
  • Tax Rate Code Area: 77001

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $36,720
  • Market Improvement Value: $153,280

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $15,328

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 07, 2019
  • Current Sale Transaction ID: 11612175675
  • Current Sale Price: $186,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1915806049
  • Previous Sale Recording Date: Jul 28, 2004
  • Previous Sale Contract Date: May 11, 2004
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Jun 07, 2019
  • First Mortgage Loan Amount: $177,899
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SECOND FEDERAL SAVINGS
  • Previous Mortgage Transaction Date: Jul 28, 2004
  • Previous Mortgage Loan Amount: $185,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About West Side



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Frequently Asked Questions

What neighborhood is 2642 South Karlov Avenue located in?
The 2642 South Karlov Avenue is a multifamily located in the neighborhood of Little Village in West Side, Chicago.
What is the average sales price for listings in 2642 South Karlov Avenue?
The average sales price for units in 2642 South Karlov Avenue is $0 currently.

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