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4231 North Wolcott Avenue

4231 North Wolcott Avenue, Chicago, IL 60613
Property in North Center
1 Units For Sale
Unit for sale at 4231 N Wolcott Avenue, Chicago, IL 60613

$650,000

  • 6 Beds
4231 N Wolcott Avenue, Chicago, IL 60613 Listing by Melissa Vasic

4231 North Wolcott 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 1910 and is 114 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4231 North Wolcott Avenue has 2,616 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 4,590 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 masonry 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 materials that we aren't sure of. The exterior walls of the building are made of masonry. 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. 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, 4231 North Wolcott Avenue was last sold in Mar 23, 2023 for $615,000. According to our calculations, that's $235.09 per sqft. Current property owners are expected to pay $14,160 in taxes per year. The property on 4231 North Wolcott Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $58,155. To break that down further, the land itself was valued at $41,310. While improvements to the property were assessed at a total of $16,845. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220714
07/14/2022
6 Bed
-
-
$700,000
bedrooms
6 Bed
bathrooms
-
-
-
-
Melissa Vasic
Keller WIlliams ONEChicago

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • 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: Other
  • 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: 4,590
  • Total Building Area: 2,616
  • Gross Building Area: 2,616
  • Building Area: 2,616
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,616
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOSTER MONTROSE BLVD
  • Land Acres: 0.105
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : KASPER DEVELOPMENT LLC
  • Previous Owner : RONALD D SCOTT AND DONNA M SCOTT LIVING
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 050100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17S-144-03
  • District: 73
  • Parcel: 14-18-402-027-0000
  • Block: 6
  • Lot: 11
  • Meridian: SEC 18 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9588
  • Longitude: -87.6756

    Address

  • Full Address: 4231 N Wolcott Ave
  • Address - House Number: 4231
  • Street Direction: N
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 1017
  • Zip Code: 60613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,160
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 628,876
  • High Value: 789,566
  • Low Value: 468,185

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,115,000
  • First Open Lien Mortgage Lender: HEARTLAND BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Apr 20, 2023
  • First Open Lien Mortgage Loan Amount: $1,115,000
  • First Open Lien Mortgage Term: 14
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 14, 2024

    Market Valuation

  • Market Total Value: $581,550
  • Market Land Value: $413,100
  • Market Improvement Value: $168,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,155
  • Assessed Land Value: $41,310
  • Assessed Improvements Value: $16,845

    Sales

  • Current Sale Contract Date: Mar 23, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Transaction ID: 11905515458
  • Current Sale Price: $615,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 13074

    Last Sale Mortgage

  • First Mortgage Lender: HEARTLAND BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Apr 20, 2023
  • First Mortgage Loan Amount: $1,115,000
  • First Mortgage Terms: 14
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 14, 2024

About North Side



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Frequently Asked Questions

What neighborhood is 4231 North Wolcott Avenue located in?
The 4231 North Wolcott Avenue is a located in the neighborhood of North Center in North Side, Chicago.
How many listings are currently for sale in 4231 North Wolcott Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 4231 North Wolcott Avenue?
The average sales price for units in 4231 North Wolcott Avenue is $650,000 currently.

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