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3023 North Oakley Avenue

3023 North Oakley Avenue, Chicago, IL 60618
Property in Roscoe Village
Sold Sep 06, 2007
$365,000
$382,000 by Provident Funding Associates L
Mortgage Due May 01, 2041
Sold Jul 11, 2005
$340,000
$272,000 by Countrywide Bank
Mortgage Due Jul 01, 2035
3023 North Oakley 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 1895 and is 129 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3023 North Oakley Avenue has 2,901 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,990 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 17, 2007 for $365,000. That's $125.82 per sqft. Prior to that sales transaction, the property was also sold in Jun 21, 2005 for $340,000. 3023 North Oakley Avenue was last assessed in 2023. The total value of the property was assessed at $58,591. Specifically, the land the property is located on was valued at $29,900. While improvements on the property were assessed at a total of $28,691. 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 $12,051. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 3
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,990
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,901
  • Gross Building Area: 2,901
  • Building Area: 2,901
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,901
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CLYBOURN AVE ADD TO LAKE VIEW & CHICAGO
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CLYBOURN) AVE ADD TO (LAKE) VIEW & (CHICAGO) IN NW SEC 30-40-14

Ownership

  • Current Owner : IKIANA LLC
  • Previous Owner : DOLYNIUK DAMIAN V
  • Owner Before Previous Owner: LEE TERANCE N
  • Owner Before Previous Owner 2: SKONIECKE ROSEANN L

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 843700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-30-109-003-0000
  • Block: 4
  • Lot: 42
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9366
  • Longitude: -87.6852

    Address

  • Full Address: 3023 N Oakley Ave
  • Address - House Number: 3023
  • Street Direction: N
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C025
  • 4-Digit Zip Code: 8066
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,051
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 548,245
  • High Value: 688,332
  • Low Value: 408,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $382,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2041

    Market Valuation

  • Market Total Value: $585,910
  • Market Land Value: $299,000
  • Market Improvement Value: $286,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,591
  • Assessed Land Value: $29,900
  • Assessed Improvements Value: $28,691

    Sales

  • Current Sale Contract Date: Aug 17, 2007
  • Current Sale Recording Date: Sep 06, 2007
  • Current Sale Transaction ID: 1079105912
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0724939042
  • Previous Sale Recording Date: Jul 11, 2005
  • Previous Sale Contract Date: Jun 21, 2005
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARK NATIONAL BANK
  • First Mortgage Transaction Date: Sep 06, 2007
  • First Mortgage Loan Amount: $437,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK
  • Previous Mortgage Transaction Date: Jul 11, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $272,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About North Side



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Frequently Asked Questions

What neighborhood is 3023 North Oakley Avenue located in?
The 3023 North Oakley Avenue is a located in the neighborhood of Roscoe Village in North Side, Chicago.
What is the average sales price for listings in 3023 North Oakley Avenue?
The average sales price for units in 3023 North Oakley Avenue is $0 currently.

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