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2653 North Merrimac Avenue

2653 North Merrimac Avenue, Chicago, IL 60639
Property in Belmont Central
Sold Dec 18, 2017
$180,000
$153,000 by Inland Bank & Trust
Mortgage Due Jan 01, 2048
Sold Apr 12, 2005
$355,000
$284,000 by Long Beach Mortgage Co
Mortgage Due May 01, 2035
2653 North Merrimac Avenue 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 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2653 North Merrimac Avenue has 2,080 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. The linear feet across the front of the lot is 1,240 ft and the linear feet between the front and back of the lot is 250. In total, the area measurement of the land is 3,118 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There is one available parking space. 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 frame 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 wood. 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 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, 2653 North Merrimac Avenue sold most recently in Dec 11, 2017 for a total of $180,000. If you work out the math, that's approximately a cost of $86.54 per sqft. Before that, the property was also sold for $355,000 in Apr 8, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,116 in taxes each year. 2653 North Merrimac Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,000. If we break it down further, the land itself was valued at $4,677. Improvements to the property, however, were assessed at a total of $15,323. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,118
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TITLEYS DIVERSEY
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (TITLEYS)(DIVERSEY) AVE SUB OF LT4 IN CIRCUIT COURT P ARTITION OF WH SE SEC29 EX S33-1/3 ACS & OF THE NH OF SW OF SEC29 EX S3

Ownership

  • Current Owner : VILLAGOMEZ ALFREDO
  • Previous Owner : HERNANDEZ JOSE LUIS
  • Previous Owner 2: HERNANDEZ OFELIA
  • Owner Before Previous Owner: DELGADILLO MARIA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190601

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-29-311-029-0000
  • Block: 4
  • Lot: 4
  • Meridian: SEC 29 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9289
  • Longitude: -87.7816

    Address

  • Full Address: 2653 N Merrimac Ave
  • Address - House Number: 2653
  • Street Direction: N
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C050
  • 4-Digit Zip Code: 1036
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,116
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 358,615
  • High Value: 450,248
  • Low Value: 266,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,000
  • First Open Lien Mortgage Lender: INLAND BANK & TRUST
  • First Open Lien Mortgage Recording Date: Dec 18, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $153,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $46,770
  • Market Improvement Value: $153,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,677
  • Assessed Improvements Value: $15,323

    Sales

  • Current Sale Contract Date: Dec 11, 2017
  • Current Sale Recording Date: Dec 18, 2017
  • Current Sale Transaction ID: 11338988864
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1735212125
  • Previous Sale Recording Date: Apr 12, 2005
  • Previous Sale Contract Date: Apr 08, 2005
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLAND BANK & TRUST
  • First Mortgage Transaction Date: Dec 18, 2017
  • First Mortgage Loan Amount: $153,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LONG BEACH MORTGAGE CO
  • Previous Mortgage Transaction Date: Apr 12, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $284,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2035

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Frequently Asked Questions

What neighborhood is 2653 North Merrimac Avenue located in?
The 2653 North Merrimac Avenue is a located in the neighborhood of Belmont Central in Northwest Side, Chicago.
What is the average sales price for listings in 2653 North Merrimac Avenue?
The average sales price for units in 2653 North Merrimac Avenue is $0 currently.

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