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2656 West 69th Street

2656 West 69th Street, Chicago, IL 60629
Property in Marquette Park
Sold Sep 05, 2023
$395,000
$316,000 by Old National Bank
Mortgage Due Aug 11, 2028
Sold Nov 01, 2021
$332,500
$329,000 by Rayport Funding Llc
Mortgage
2656 West 69th Street in Chicago, IL was first built in 1935 and is 89 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 30 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 2656 West 69th Street has 5,925 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 300 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,731 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 no garage. 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, 2656 West 69th Street sold most recently in Jul 31, 2023 for a total of $395,000. If you work out the math, that's approximately a cost of $66.67 per sqft. Before that, the property was also sold for $332,500 in Oct 12, 2021. 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 $3,496 in taxes each year. The initial year of tax delinquency occurred in 2021. 2656 West 69th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,000. If we break it down further, the land itself was valued at $2,985. Improvements to the property, however, were assessed at a total of $14,015. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 30
  • Bedroom Count: 12
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • 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
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,731
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 5,925
  • Gross Building Area: 5,925
  • Building Area: 5,925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 5,925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRITIGANS 69TH
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (BRITIGANS) (69TH) STREET SUB OF BLK7 IN HIRSCH & YOU NGS SUB IN NW SE SEC 24-38-13

Ownership

  • Current Owner : GUTIERREZ 2656 PROPERTIES LLC
  • Previous Owner : 6849 S WASHTENAW LLC
  • Owner Before Previous Owner: DAVETOM PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660900

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-24-407-040-0000
  • Block: 7
  • Lot: 25
  • Meridian: SEC 24 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7685
  • Longitude: -87.6905

    Address

  • Full Address: 2656 W 69th St
  • Address - House Number: 2656
  • Street Direction: W
  • Address - Street Name: 69th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 1853
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,496
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 343,874
  • High Value: 431,740
  • Low Value: 256,007

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 05, 2023
  • First Open Lien Mortgage Loan Amount: $316,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 11, 2028

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $29,850
  • Market Improvement Value: $140,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,985
  • Assessed Improvements Value: $14,015

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Transaction ID: 11912031469
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40211
  • Previous Sale Recording Date: Nov 01, 2021
  • Previous Sale Contract Date: Oct 12, 2021
  • Previous Sale Amount: $332,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Sep 05, 2023
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 11, 2028

    Previous Mortgages

  • Previous Mortgage Lender: RAYPORT FUNDING LLC
  • Previous Mortgage Transaction Date: Nov 01, 2021
  • Previous Mortgage Loan Amount: $329,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 2656 West 69th Street located in?
The 2656 West 69th Street is a located in the neighborhood of Marquette Park in South Side, Chicago.
What is the average sales price for listings in 2656 West 69th Street?
The average sales price for units in 2656 West 69th Street is $0 currently.

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