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429 West Aldine Avenue

429 West Aldine Avenue, Chicago, IL 60657
Property in Lake View East
2 Units For Sale
Unit for sale at 429 W Aldine Avenue, Chicago, IL 60657

$430,000

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
429 W Aldine Avenue #8, Chicago, IL 60657 Listing by Eudice Fogel

Unit for sale at 429 W Aldine Avenue, Chicago, IL 60657

$439,000

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
429 W Aldine Avenue #8, Chicago, IL 60657 Listing by Eudice Fogel

429 West Aldine 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 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 3 stories. In addition, 429 West Aldine Avenue has 8,694 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 5,810 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 no garage for those who require parking. 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. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. 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, 429 West Aldine Avenue was last sold in Oct 18, 2012 for $1,075,000. According to our calculations, that's $123.65 per sqft. Current property owners are expected to pay $27,512 in taxes per year. The property on 429 West Aldine Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $133,761. To break that down further, the land itself was valued at $29,050. While improvements to the property were assessed at a total of $104,711. 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
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,810
  • Total Building Area: 8,694
  • Gross Building Area: 8,694
  • Building Area: 8,694
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 8,694
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOUSEL & DICKINSONS
  • Land Acres: 0.133
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (HOUSEL) & (DICKINSONS) SUB OF E280FT OF W350FT OF NH OF BLK1 OF ASSESSORS DIVN OF LTS27-28 OF PINE GROVE SUB IN SEC 21-40-14

Ownership

  • Current Owner : DEAD END CHUTES LLC
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 061902

Zoning

  • Zoning: RM-6.5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-21-314-020-0000
  • Block: 1
  • Lot: 27
  • Meridian: SEC 21 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9409
  • Longitude: -87.6407

    Address

  • Full Address: 429 W Melrose St
  • Address - House Number: 429
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C051
  • 4-Digit Zip Code: 3878
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,512
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 917,618
  • High Value: 1,152,087
  • Low Value: 683,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $16,000,000
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Loan Amount: $16,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,337,610
  • Market Land Value: $290,500
  • Market Improvement Value: $1,047,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,761
  • Assessed Land Value: $29,050
  • Assessed Improvements Value: $104,711

    Sales

  • Current Sale Contract Date: Oct 18, 2012
  • Current Sale Recording Date: Oct 19, 2012
  • Current Sale Transaction ID: 1083523081
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 1229310062

About North Side



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Frequently Asked Questions

What neighborhood is 429 West Aldine Avenue located in?
The 429 West Aldine Avenue is a located in the neighborhood of Lake View East in North Side, Chicago.
How many listings are currently for sale in 429 West Aldine Avenue?
429 West Aldine Avenue has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 429 West Aldine Avenue?
The average sales price for units in 429 West Aldine Avenue is $434,500 , or $322/sqft. currently.

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