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4325 West Armitage Avenue

4325 West Armitage Avenue, Chicago, IL 60639
Commercial in Hermosa
Sold Nov 25, 2019
$460,000
$595,000 by Silver Hill Funding Llc
Mortgage Due May 01, 2052
Sold Jul 19, 1999
$205,000
$150,000 by Midwest Bank & Trust Company
Mortgage
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Local assessors in Chicago, IL have categorized 4325 West Armitage Avenue as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 7,250 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 19 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4325 West Armitage Avenue has a total of 9,518 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Oct 21, 2019 for $460,000. That's $48.33 per sqft. Prior to that sales transaction, the property was also sold in Jun 24, 1999 for $205,000. 4325 West Armitage Avenue was last assessed in 2022. The total value of the property was assessed at $54,000. Specifically, the land the property is located on was valued at $14,500. While improvements on the property were assessed at a total of $39,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,145. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 19
  • Bedroom Count: 8
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 5
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,250
  • Total Building Area: 9,518
  • Gross Building Area: 9,518
  • Building Area: 9,518
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 9,518
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARFIELD SUB
  • Land Acres: 0.166
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (GARFIELD) SUB OF EX W307FT OF N631.75FT & W333FT OF S1295FT THEREOF SE SEC 34-40-13

Ownership

  • Current Owner : NCLC CHICAGO LLC
  • Previous Owner : VALLE IGLESIA MISION DEL
  • Owner Before Previous Owner: CITIZENS BANK ILLINOIS NA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831200

Zoning

  • Zoning: C1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-34-401-040-0000
  • Block: 2
  • Lot: 2,1
  • Meridian: SEC 34 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9168
  • Longitude: -87.7349

    Address

  • Full Address: 4325 W Armitage Ave
  • Address - House Number: 4325
  • Street Direction: W
  • Address - Street Name: Armitage
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C017
  • 4-Digit Zip Code: 3511
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,145
  • Tax Rate Code Area: 71172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: SILVER HILL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Apr 29, 2022
  • First Open Lien Mortgage Loan Amount: $595,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $540,000
  • Market Land Value: $145,000
  • Market Improvement Value: $395,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,000
  • Assessed Land Value: $14,500
  • Assessed Improvements Value: $39,500

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Transaction ID: 11704692113
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1932946217
  • Previous Sale Recording Date: Jul 19, 1999
  • Previous Sale Contract Date: Jun 24, 1999
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: IGLESIA MISION DEL VALLE
  • First Mortgage Transaction Date: Nov 25, 2019
  • First Mortgage Loan Amount: $385,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST BANK & TRUST COMPANY
  • Previous Mortgage Transaction Date: Jul 19, 1999
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Side



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Frequently Asked Questions

What neighborhood is 4325 West Armitage Avenue located in?
The 4325 West Armitage Avenue is a commercial located in the neighborhood of Hermosa in Northwest Side, Chicago.
What is the average sales price for listings in 4325 West Armitage Avenue?
The average sales price for units in 4325 West Armitage Avenue is $0 currently.

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