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4021 North Central Park Avenue

4021 North Central Park Avenue, Chicago, IL 60618
Property in Albany Park
Sold Nov 03, 2020
Transfer
$262,000 by The Federal Savings Bank
Mortgage Due Oct 01, 2050
4021 North Central Park 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 1909 and is 115 years old. The home has a total of 14 rooms. 6 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, 4021 North Central Park Avenue has 2,884 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 3,150 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. Tax-wise, the current owner is expected to pay close to $7,516 in taxes each year. 4021 North Central Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,831. If we break it down further, the land itself was valued at $15,750. Improvements to the property, however, were assessed at a total of $24,081. 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. 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.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: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 2,884
  • Gross Building Area: 2,884
  • Building Area: 2,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAMEROWS BLVD ADD TO IRVING
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MAMEROWS) BLVD ADD TO (IRVING) PARK SUB OF WH WH SE SEC 14-40-13

Ownership

  • Current Owner : PASILLAS JUAN
  • Current Owner 2: PASILLAS FRANCISCA
  • Previous Owner : JIMENEZ LILIAN
  • Previous Owner 2: JIMENEZ FRANCISCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 160502

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-14-424-013-0000
  • Block: 15
  • Lot: 31
  • Meridian: SEC 14 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9545
  • Longitude: -87.7176

    Address

  • Full Address: 4021 N Central Park Ave
  • Address - House Number: 4021
  • Street Direction: N
  • Address - Street Name: Central Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C076
  • 4-Digit Zip Code: 8606
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,516
  • Tax Rate Code Area: 71128

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 602,561
  • High Value: 693,508
  • Low Value: 511,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 03, 2020
  • First Open Lien Mortgage Loan Amount: $262,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $398,310
  • Market Land Value: $157,500
  • Market Improvement Value: $240,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,831
  • Assessed Land Value: $15,750
  • Assessed Improvements Value: $24,081

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Transaction ID: 11797876405
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2030813098

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Nov 03, 2020
  • First Mortgage Loan Amount: $262,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Northwest Side



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Frequently Asked Questions

What neighborhood is 4021 North Central Park Avenue located in?
The 4021 North Central Park Avenue is a located in the neighborhood of Albany Park in Northwest Side, Chicago.
What is the average sales price for listings in 4021 North Central Park Avenue?
The average sales price for units in 4021 North Central Park Avenue is $0 currently.

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