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2741 North Kenmore Avenue

2741 North Kenmore Avenue, Chicago, IL 60614
Property in Wrightwood
Sold Jul 26, 2022
$1,290,000
$3,202,500 by Crystal Lake Bank & Trust Comp
Mortgage Due May 27, 2027
2741 North Kenmore 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 1880 and is 144 years old. The home has a total of 19 rooms. 7 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2741 North Kenmore Avenue has 4,421 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 3,500 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. The property was last sold in May 27, 2022 for $1,290,000. That's $291.79 per sqft. 2741 North Kenmore Avenue was last assessed in 2023. The total value of the property was assessed at $100,386. Specifically, the land the property is located on was valued at $52,500. While improvements on the property were assessed at a total of $47,886. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $20,648. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 2
  • Total Rooms: 19
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • 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: 2
  • Business/Commerical Units Count: 27
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,500
  • Total Building Area: 4,421
  • Gross Building Area: 4,421
  • Building Area: 4,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDSONS SUB
  • Land Acres: 0.08
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (EDSONS) SUB OF E6-2/3ACS OF OUTLOT 10 & E3-1/3ACS OF OUTLOT 13 OF CANAL TRUSTEES SUB OF EH SEC 29-40-14

Ownership

  • Current Owner : OMD EQUITIES LLC
  • Previous Owner : 2741 N KENMORE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070400

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-403-018-0000
  • Lot: 27
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9312
  • Longitude: -87.6548

    Address

  • Full Address: 2741 N Kenmore Ave
  • Address - House Number: 2741
  • Street Direction: N
  • Address - Street Name: Kenmore
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 1052
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,648
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 753,619
  • High Value: 946,183
  • Low Value: 561,054

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,202,500
  • First Open Lien Mortgage Lender: CRYSTAL LAKE BANK & TRUST COMP
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Loan Amount: $3,202,500
  • 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: May 27, 2027

    Market Valuation

  • Market Total Value: $1,003,860
  • Market Land Value: $525,000
  • Market Improvement Value: $478,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,386
  • Assessed Land Value: $52,500
  • Assessed Improvements Value: $47,886

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Transaction ID: 11905278753
  • Current Sale Price: $1,290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19054

    Last Sale Mortgage

  • First Mortgage Lender: CRYSTAL LAKE BANK & TRUST COMP
  • First Mortgage Transaction Date: Jul 26, 2022
  • First Mortgage Loan Amount: $3,202,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 27, 2027

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Frequently Asked Questions

What neighborhood is 2741 North Kenmore Avenue located in?
The 2741 North Kenmore Avenue is a located in the neighborhood of Wrightwood in North Side, Chicago.
What is the average sales price for listings in 2741 North Kenmore Avenue?
The average sales price for units in 2741 North Kenmore Avenue is $0 currently.

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