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2871 North Kimball Avenue

2871 North Kimball Avenue, Chicago, IL 60618
Property in Logan Square
Sold Dec 04, 2020
$634,500
Sold Nov 08, 2011
$199,000
2871 North Kimball 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 1910 and is 114 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2871 North Kimball Avenue has 2,088 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 2,956 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 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 air conditioning at the moment. In terms of heating, it 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, 2871 North Kimball Avenue was last sold in Oct 9, 2020 for $634,500. According to our calculations, that's $303.88 per sqft. Prior to that sales transaction, the property was sold for $199,000 in May 31, 2011. Current property owners are expected to pay $9,201 in taxes per year. The property on 2871 North Kimball Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,000. To break that down further, the land itself was valued at $10,346. While improvements to the property were assessed at a total of $37,654. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

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: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,956
  • Total Building Area: 2,088
  • Gross Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STORY & ALLENS
  • Land Acres: 0.068
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (STORY) & (ALLENS) SUB OF LT10 IN BRANDS SUB OF THE N E SEC 26-40-13

Ownership

  • Current Owner : KIM CAROL
  • Previous Owner : PIGEON CO OP LLC
  • Owner Before Previous Owner: NIKOPOULOS PAUL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 210602

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-26-218-030-0000
  • Lot: 10
  • Meridian: SEC 26 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9339
  • Longitude: -87.712

    Address

  • Full Address: 2871 N Kimball Ave
  • Address - House Number: 2871
  • Street Direction: N
  • Address - Street Name: Kimball
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C053
  • 4-Digit Zip Code: 6758
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,201
  • Tax Rate Code Area: 71163

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 496,203
  • High Value: 622,992
  • Low Value: 369,413

    Market Valuation

  • Market Total Value: $480,000
  • Market Land Value: $103,460
  • Market Improvement Value: $376,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,000
  • Assessed Land Value: $10,346
  • Assessed Improvements Value: $37,654

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11805276700
  • Current Sale Price: $634,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2033928092
  • Previous Sale Recording Date: Nov 08, 2011
  • Previous Sale Contract Date: May 31, 2011
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $473,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 2871 North Kimball Avenue located in?
The 2871 North Kimball Avenue is a located in the neighborhood of Logan Square in Northwest Side, Chicago.
What is the average sales price for listings in 2871 North Kimball Avenue?
The average sales price for units in 2871 North Kimball Avenue is $0 currently.

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