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2650 West Walton Street

2650 West Walton Street, Chicago, IL 60622
Property in Humboldt Park
Sold Oct 24, 2005
$485,000
Sold Oct 02, 2001
$335,000
$261,000 by Northbrook Bank & Trust Compan
Mortgage Due Aug 10, 2006
2650 West Walton Street 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 1905 and is 119 years old. The home has a total of 24 rooms. 12 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2650 West Walton Street has 3,815 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 3,125 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 tar and gravel. 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. 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, 2650 West Walton Street sold most recently in Sep 30, 2005 for a total of $485,000. If you work out the math, that's approximately a cost of $127.13 per sqft. Before that, the property was also sold for $335,000 in Aug 7, 2001. 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 $15,015 in taxes each year. 2650 West Walton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $73,001. If we break it down further, the land itself was valued at $14,063. Improvements to the property, however, were assessed at a total of $58,938. 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. 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.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.

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: 24
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • 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: 2
  • Living Units: 6
  • Business/Commerical Units Count: 39
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,815
  • Gross Building Area: 3,815
  • Building Area: 3,815
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,815
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EASTONS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (EASTONS) SUB OF EX N 33FT & S 33FT NE SW SE SEC 01-39-13

Ownership

  • Current Owner : SHCHEPLOTSKY MYKOLA
  • Previous Owner : KATZ JEFFERY A
  • Previous Owner 2: KATZ RICHARD G
  • Owner Before Previous Owner: BERLINSKI MARK E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-421-022-0000
  • Block: 2
  • Lot: 28
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8978
  • Longitude: -87.6938

    Address

  • Full Address: 2650 W Iowa St
  • Address - House Number: 2650
  • Street Direction: W
  • Address - Street Name: Iowa
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C031
  • 4-Digit Zip Code: 4528
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,015
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 619,053
  • High Value: 777,233
  • Low Value: 460,872

    Market Valuation

  • Market Total Value: $730,010
  • Market Land Value: $140,630
  • Market Improvement Value: $589,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,001
  • Assessed Land Value: $14,063
  • Assessed Improvements Value: $58,938

    Sales

  • Current Sale Contract Date: Sep 30, 2005
  • Current Sale Recording Date: Oct 24, 2005
  • Current Sale Transaction ID: 1073850568
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0529702232
  • Previous Sale Recording Date: Oct 02, 2001
  • Previous Sale Contract Date: Aug 07, 2001
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDAMERICA BANK FSB
  • First Mortgage Transaction Date: Oct 24, 2005
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2012

    Previous Mortgages

  • Previous Mortgage Lender: NORTHBROOK BANK & TRUST COMPAN
  • Previous Mortgage Transaction Date: Oct 02, 2001
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $261,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 10, 2006

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Frequently Asked Questions

What neighborhood is 2650 West Walton Street located in?
The 2650 West Walton Street is a located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 2650 West Walton Street?
The average sales price for units in 2650 West Walton Street is $0 currently.

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