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4055 North Kenneth Avenue

4055 North Kenneth Avenue, Chicago, IL 60641
Property in Old Irving Park
Sold Jun 06, 2017
$575,000
$447,500 by Chicago Financial Services Inc
Mortgage Due Jul 01, 2050
Sold Oct 28, 2011
$347,000
$347,000 by Chicago Bancorp Inc
Mortgage Due Nov 01, 2041
4055 North Kenneth 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 1922 and is 102 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 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4055 North Kenneth Avenue has 1,312 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 330 ft. The area measurement of the land has been determined as 4,132 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 is one available parking space. 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. 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, 4055 North Kenneth Avenue sold most recently in May 25, 2017 for a total of $575,000. If you work out the math, that's approximately a cost of $438.26 per sqft. Before that, the property was also sold for $347,000 in Oct 12, 2011. 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 $7,270 in taxes each year. 4055 North Kenneth Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $38,623. If we break it down further, the land itself was valued at $11,570. Improvements to the property, however, were assessed at a total of $27,053. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,132
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAXTERS SUB
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BAXTERS) SUB OF 20 ACS OF E END OF EX R.R. SH SW SEC 15-40-13

Ownership

  • Current Owner : CECINATO VIVIANA
  • Previous Owner : BONNES JOHNSON KEVIN M
  • Previous Owner 2: BONNES JOHNSON LISA
  • Owner Before Previous Owner: TRINITY INVESTMENTS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 160200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 029-111-02
  • District: 71
  • Parcel: 13-15-320-022-0000
  • Block: 6
  • Lot: 3,2
  • Meridian: SEC 15 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9552
  • Longitude: -87.7391

    Address

  • Full Address: 4055 N Kenneth Ave
  • Address - House Number: 4055
  • Street Direction: N
  • Address - Street Name: Kenneth
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 1922
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,270
  • Tax Rate Code Area: 71130

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 490,533
  • High Value: 600,235
  • Low Value: 380,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $447,500
  • First Open Lien Mortgage Lender: CHICAGO FINANCIAL SERVICES INC
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $447,500
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $386,230
  • Market Land Value: $115,700
  • Market Improvement Value: $270,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,623
  • Assessed Land Value: $11,570
  • Assessed Improvements Value: $27,053

    Sales

  • Current Sale Contract Date: May 25, 2017
  • Current Sale Recording Date: Jun 06, 2017
  • Current Sale Transaction ID: 1588412905
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1715712035
  • Previous Sale Recording Date: Oct 28, 2011
  • Previous Sale Contract Date: Oct 12, 2011
  • Previous Sale Amount: $347,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CHICAGO BANCORP INC
  • Previous Mortgage Transaction Date: Oct 28, 2011
  • Previous Mortgage Loan Amount: $347,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2041

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Frequently Asked Questions

What neighborhood is 4055 North Kenneth Avenue located in?
The 4055 North Kenneth Avenue is a located in the neighborhood of Old Irving Park in Northwest Side, Chicago.
What is the average sales price for listings in 4055 North Kenneth Avenue?
The average sales price for units in 4055 North Kenneth Avenue is $0 currently.

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