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4221 West Leland Avenue

4221 West Leland Avenue, Chicago, IL 60630
Property in Mayfair
Sold Nov 10, 2011
$260,000
$208,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2041
Sold Apr 20, 2001
$214,000
$235,450 by M & T Mtg Corp
Mortgage Due May 01, 2031
4221 West Leland Avenue in Chicago, IL was first built in 1924 and is 100 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4221 West Leland Avenue has 2,416 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,032 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home 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, 4221 West Leland Avenue sold most recently in Nov 4, 2011 for a total of $260,000. If you work out the math, that's approximately a cost of $107.62 per sqft. Before that, the property was also sold for $214,000 in Apr 11, 2001. 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 $7,637 in taxes each year. 4221 West Leland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $11,290. Improvements to the property, however, were assessed at a total of $25,710. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,032
  • Total Building Area: 2,416
  • Gross Building Area: 2,416
  • Building Area: 2,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCDOUGALLS SUB
  • Land Acres: 0.093
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MCDOUGALLS) SUB OF LTS 1-3 OF MC GRAVES SUB OF LT 3 OF COUNTY CLERKS DIV OF LTS 1 & 7-15 IN FITCH & HEACOXS SUB IN NE SEC 15

Ownership

  • Current Owner : CHUNG CALVIN H
  • Current Owner 2: CHUNG IRENE L
  • Previous Owner : MARTINEZ ULISES
  • Previous Owner 2: MARTINEZ MAGGIE
  • Owner Before Previous Owner: SOLZAK RUTH MARION

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 140500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-15-213-012-0000
  • Lot: 1-3
  • Meridian: SEC 15 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9669
  • Longitude: -87.7337

    Address

  • Full Address: 4221 W Leland Ave
  • Address - House Number: 4221
  • Street Direction: W
  • Address - Street Name: Leland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C002
  • 4-Digit Zip Code: 4329
  • Zip Code: 60630

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,637
  • Tax Rate Code Area: 71128

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 442,150
  • High Value: 555,127
  • Low Value: 329,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 10, 2011
  • 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: Dec 01, 2041

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $112,900
  • Market Improvement Value: $257,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $11,290
  • Assessed Improvements Value: $25,710

    Sales

  • Current Sale Contract Date: Nov 04, 2011
  • Current Sale Recording Date: Nov 10, 2011
  • Current Sale Transaction ID: 1041596607
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1131418065
  • Previous Sale Recording Date: Apr 20, 2001
  • Previous Sale Contract Date: Apr 11, 2001
  • Previous Sale Amount: $214,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 10, 2011
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: M & T MTG CORP
  • Previous Mortgage Transaction Date: Apr 20, 2001
  • Previous Mortgage Loan Amount: $235,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2031

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Frequently Asked Questions

What neighborhood is 4221 West Leland Avenue located in?
The 4221 West Leland Avenue is a located in the neighborhood of Mayfair in Northwest Side, Chicago.
What is the average sales price for listings in 4221 West Leland Avenue?
The average sales price for units in 4221 West Leland Avenue is $0 currently.

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