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2744 North Southport Avenue

2744 North Southport Avenue, Chicago, IL 60614
Multifamily in West De Paul
Sold Apr 27, 2021
$1,900,000
$1,425,000 by Loandepot.com Llc
Mortgage Due May 01, 2051
Sold Apr 13, 2016
$690,000
$517,500 by Marquette Bank
Mortgage Due Mar 16, 2017
2744 North Southport Avenue in Chicago, IL was first built in 2017 and is 7 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 3 floors. There are a total of 17 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 2744 North Southport Avenue has 4,897 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. In total, the area measurement of the land is 3,044 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. There are a total of 3 available parking spaces. 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 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 central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2744 North Southport Avenue was last sold in Apr 16, 2021 for $1,900,000. According to our calculations, that's $387.99 per sqft. Prior to that sales transaction, the property was sold for $690,000 in Mar 16, 2016. Current property owners are expected to pay $36,156 in taxes per year. The property on 2744 North Southport Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $175,788. To break that down further, the land itself was valued at $45,660. While improvements to the property were assessed at a total of $130,128. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 8
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,044
  • Total Building Area: 4,897
  • Gross Building Area: 4,897
  • Building Area: 4,897
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,897
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHEFFIELDS ADD
  • Land Acres: 0.07
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : PAIK BRIAN Y
  • Current Owner 2: PAIK JOOYUN
  • Previous Owner : SOUTHPORT RE GROUP LLC
  • Owner Before Previous Owner: SQUARE ONE VENTURES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070600

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-29-302-029-0000
  • Lot: 12
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.932
  • Longitude: -87.664

    Address

  • Full Address: 2744 N Southport Ave
  • Address - House Number: 2744
  • Street Direction: N
  • Address - Street Name: Southport
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C089
  • 4-Digit Zip Code: 0454
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,156
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,124,131
  • High Value: 1,411,368
  • Low Value: 836,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,425,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $1,425,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $1,757,880
  • Market Land Value: $456,600
  • Market Improvement Value: $1,301,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,788
  • Assessed Land Value: $45,660
  • Assessed Improvements Value: $130,128

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11833291250
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2111720398
  • Previous Sale Recording Date: Apr 13, 2016
  • Previous Sale Contract Date: Mar 16, 2016
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $1,425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: MARQUETTE BANK
  • Previous Mortgage Transaction Date: Apr 13, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $517,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Mar 16, 2017

About North Side



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Frequently Asked Questions

What neighborhood is 2744 North Southport Avenue located in?
The 2744 North Southport Avenue is a multifamily located in the neighborhood of West De Paul in North Side, Chicago.
What is the average sales price for listings in 2744 North Southport Avenue?
The average sales price for units in 2744 North Southport Avenue is $1,949,000 currently.

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