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321 North Avers Avenue

321 North Avers Avenue, Chicago, IL 60624
Sold May 09, 2017
$91,500
$68,550 by Draper & Kramer Mortgage Corp
Mortgage Due May 01, 2047
Sold May 09, 2005
$185,000
Local assessors in Chicago, IL have categorized 321 North Avers Avenue as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 4,100 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 321 North Avers Avenue has a total of 3,068 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 321 North Avers Avenue was last sold in May 5, 2017 for $91,500. According to our calculations, that's $29.82 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Feb 18, 2005. Current property owners are expected to pay $3,155 in taxes per year. The property on 321 North Avers Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,341. To break that down further, the land itself was valued at $4,818. While improvements to the property were assessed at a total of $10,523. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • 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: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,100
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,068
  • Gross Building Area: 3,068
  • Building Area: 3,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE ST & CENTRAL PARK
  • Land Acres: 0.094
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (LAKE) ST & (CENTRAL) (PARK) SUB OF PT WH SW SEC 11-39-13

Ownership

  • Current Owner : TEEPARTI SATYANARAYANA
  • Previous Owner : BRADLEY EDWARD J
  • Owner Before Previous Owner: JACKSON CHARLESH S

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 260100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-11-304-009-0000
  • Lot: 29
  • Meridian: SEC 11 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.886
  • Longitude: -87.7221

    Address

  • Full Address: 321 N Avers Ave
  • Address - House Number: 321
  • Street Direction: N
  • Address - Street Name: Avers
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C036
  • 4-Digit Zip Code: 2543
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,155
  • Tax Rate Code Area: 77052

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 335,722
  • High Value: 421,505
  • Low Value: 249,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,550
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 09, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $68,550
  • 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: May 01, 2047

    Market Valuation

  • Market Total Value: $153,410
  • Market Land Value: $48,180
  • Market Improvement Value: $105,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,341
  • Assessed Land Value: $4,818
  • Assessed Improvements Value: $10,523

    Sales

  • Current Sale Contract Date: May 05, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Transaction ID: 1813270555
  • Current Sale Price: $91,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1712906007
  • Previous Sale Recording Date: May 09, 2005
  • Previous Sale Contract Date: Feb 18, 2005
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: May 09, 2017
  • First Mortgage Loan Amount: $68,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 321 North Avers Avenue located in?
The 321 North Avers Avenue is a located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 321 North Avers Avenue?
The average sales price for units in 321 North Avers Avenue is $0 currently.

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