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2838 North Burling Street

2838 North Burling Street, Chicago, IL 60657
Property in Lake View East
Sold Nov 07, 1995
$412,510
$1,325,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2053
2838 North Burling 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 1910 and is 114 years old. The home has a total of 12 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2838 North Burling Street has 2,832 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 3,675 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Nov 3, 1995 for $412,510. That's $145.66 per sqft. 2838 North Burling Street was last assessed in 2023. The total value of the property was assessed at $113,040. Specifically, the land the property is located on was valued at $64,313. While improvements on the property were assessed at a total of $48,727. 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 $23,250. 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. 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,675
  • Total Building Area: 2,832
  • Gross Building Area: 2,832
  • Building Area: 2,832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAWORTH & OTHERS
  • Land Acres: 0.084
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (RAWORTH) & (OTHERS) SUB OF PT OF LTS11-12,15 & 16 OF BICKERDIKE & STEELES SUB OF WH NW SEC 28-40-14

Ownership

  • Current Owner : CHICAGO TITLE & TRUST
  • Previous Owner : MERCADO PEDRO
  • Previous Owner 2: MERCADO IRIS C
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 063400

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-28-115-032-0000
  • Lot: 11,12
  • Meridian: SEC 28 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9339
  • Longitude: -87.647

    Address

  • Full Address: 2838 N Orchard St
  • Address - House Number: 2838
  • Street Direction: N
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C076
  • 4-Digit Zip Code: 6660
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,250
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,111,716
  • High Value: 1,279,513
  • Low Value: 943,918

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,325,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 10, 2023
  • First Open Lien Mortgage Loan Amount: $1,325,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $1,130,400
  • Market Land Value: $643,130
  • Market Improvement Value: $487,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,040
  • Assessed Land Value: $64,313
  • Assessed Improvements Value: $48,727

    Sales

  • Current Sale Contract Date: Nov 03, 1995
  • Current Sale Recording Date: Nov 07, 1995
  • Current Sale Transaction ID: 1177098561
  • Current Sale Price: $412,510
  • Current Sale Document Type: Other
  • Current Sale Input Document Number: 95767315

    Last Sale Mortgage

  • First Mortgage Lender: PARK NATIONAL BANK & TRUST OF
  • First Mortgage Transaction Date: Nov 07, 1995
  • First Mortgage Loan Amount: $368,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable

About North Side



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Frequently Asked Questions

What neighborhood is 2838 North Burling Street located in?
The 2838 North Burling Street is a located in the neighborhood of Lake View East in North Side, Chicago.
What is the average sales price for listings in 2838 North Burling Street?
The average sales price for units in 2838 North Burling Street is $0 currently.

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