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2643 North Mildred Avenue

2643 North Mildred Avenue, Chicago, IL 60614
Multifamily in Wrightwood
1 Units For Sale
Unit for sale at 2643 N Mildred Avenue, Chicago, IL 60614

$1,199,900

  • 10 Beds
2643 N Mildred Avenue, Chicago, IL 60614 Listing by Lauren Mitrick Wood

2643 North Mildred 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 1890 and is 134 years old. The home has a total of 19 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2643 North Mildred Avenue has 4,065 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,240 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,100 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 no garage for those who require parking. 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 frame 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 materials that we aren't sure of. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 2643 North Mildred Avenue sold most recently in Feb 28, 2024 for a total of $1,145,000. If you work out the math, that's approximately a cost of $281.67 per sqft. Before that, the property was also sold for $985,000 in May 4, 2010. 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 $26,232 in taxes each year. 2643 North Mildred Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,538. If we break it down further, the land itself was valued at $46,500. Improvements to the property, however, were assessed at a total of $81,038. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220620
06/20/2022
10 Bed
-
-
$1,300,000
bedrooms
10 Bed
bathrooms
-
-
-
-
Richard Kasper
Compass

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 2
  • Total Rooms: 19
  • Bedroom Count: 8
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 250
  • Total Building Area: 4,065
  • Gross Building Area: 4,065
  • Building Area: 4,065
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,065
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KNOPPS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: HENRY (KNOPPS) RESUB OF LT2-6 OF H KNOPPS SUB OF E12A CS EX E329FT OF OUTLOT 14 OF CANAL TRUSTEES SUB OF EH SEC 29-40-14

Ownership

  • Current Owner : HONG CAROL K
  • Current Owner 2: PARK CHEONG SUN
  • Previous Owner : ALIABADI ALIREZA AMINI
  • Owner Before Previous Owner: WALSH DANIEL
  • Owner Before Previous Owner 2: WALSH NOELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-413-007-0000
  • Lot: 2-6
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9303
  • Longitude: -87.6508

    Address

  • Full Address: 2643 N Mildred Ave
  • Address - House Number: 2643
  • Street Direction: N
  • Address - Street Name: Mildred
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 2436
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,232
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,246,493
  • High Value: 1,434,632
  • Low Value: 1,058,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $645,000
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP.
  • First Open Lien Mortgage Recording Date: Mar 25, 2024
  • First Open Lien Mortgage Loan Amount: $645,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2044

    Market Valuation

  • Market Total Value: $1,275,380
  • Market Land Value: $465,000
  • Market Improvement Value: $810,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,538
  • Assessed Land Value: $46,500
  • Assessed Improvements Value: $81,038

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 25, 2024
  • Current Sale Transaction ID: 11923134949
  • Current Sale Price: $1,145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22047
  • Previous Sale Recording Date: May 18, 2010
  • Previous Sale Contract Date: May 04, 2010
  • Previous Sale Amount: $985,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP.
  • First Mortgage Transaction Date: Mar 25, 2024
  • First Mortgage Loan Amount: $645,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2044

About North Side



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Frequently Asked Questions

What neighborhood is 2643 North Mildred Avenue located in?
The 2643 North Mildred Avenue is a multifamily located in the neighborhood of Wrightwood in North Side, Chicago.
How many listings are currently for sale in 2643 North Mildred Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 2643 North Mildred Avenue?
The average sales price for units in 2643 North Mildred Avenue is $1,199,900 currently.

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