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2925 North Lawndale Avenue

2925 North Lawndale Avenue, Chicago, IL 60618
Property in Logan Square
Sold May 15, 2000
$215,000
$208,000 by First Magnus Financial Corp
Mortgage Due Mar 01, 2036
2925 North Lawndale 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 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2925 North Lawndale Avenue has 1,890 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 3,000 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 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 asphalt. 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 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, 2925 North Lawndale Avenue sold most recently in Apr 28, 2000 for a total of $215,000. If you work out the math, that's approximately a cost of $113.76 per sqft. 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 $6,783 in taxes each year. 2925 North Lawndale Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,000. If we break it down further, the land itself was valued at $10,500. Improvements to the property, however, were assessed at a total of $28,500. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 1,890
  • Gross Building Area: 1,890
  • Building Area: 1,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAENTZE & WHEELERS SUB NUMBER5
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (HAENTZE) & (WHEELERS) SUB (NUMBER5) OF PT LT7 IN DAV LIN KELLY & CARROLLS SUB OF SEC 26-40-13

Ownership

  • Current Owner : VALLE JUAN
  • Current Owner 2: VALLE MARGARET
  • Previous Owner : CORREA LUIS
  • Previous Owner 2: CORREA ROSA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 210502

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Apr 01, 2010
  • District: 71
  • Parcel: 13-26-116-026-0000
  • Lot: 7
  • Meridian: SEC 26 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9347
  • Longitude: -87.7213

    Address

  • Full Address: 2925 N Lawndale Ave
  • Address - House Number: 2925
  • Street Direction: N
  • Address - Street Name: Lawndale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C060
  • 4-Digit Zip Code: 8947
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,783
  • Tax Rate Code Area: 71164

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 451,978
  • High Value: 567,467
  • Low Value: 336,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Apr 18, 2006
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $105,000
  • Market Improvement Value: $285,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $10,500
  • Assessed Improvements Value: $28,500

    Sales

  • Current Sale Contract Date: Apr 28, 2000
  • Current Sale Recording Date: May 15, 2000
  • Current Sale Transaction ID: 1087999621
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00344633

    Last Sale Mortgage

  • First Mortgage Lender: PRISM MTG COMPANY
  • First Mortgage Transaction Date: May 15, 2000
  • First Mortgage Loan Amount: $208,845
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2030

About Northwest Side



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Frequently Asked Questions

What neighborhood is 2925 North Lawndale Avenue located in?
The 2925 North Lawndale Avenue is a located in the neighborhood of Logan Square in Northwest Side, Chicago.
What is the average sales price for listings in 2925 North Lawndale Avenue?
The average sales price for units in 2925 North Lawndale Avenue is $0 currently.

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