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4540 North Sheridan Road

4540 North Sheridan Road, Chicago, IL 60640
Property in Uptown
Refi Feb 23, 2015
Transfer
$350,000 by Bofi Federal Bank
Mortgage Due Feb 01, 2045
4540 North Sheridan Road in Chicago, IL was first built in 1900 and is 124 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 3 floors. There are a total of 36 rooms in the home, of which, 18 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 4540 North Sheridan Road has 9,300 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 7,500 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $23,034 in taxes per year. The property on 4540 North Sheridan Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $108,147. To break that down further, the land itself was valued at $45,000. While improvements to the property were assessed at a total of $63,147. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 36
  • Bedroom Count: 18
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • 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: 3
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 9,300
  • Gross Building Area: 9,300
  • Building Area: 9,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 9,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEERINGS SURRENDEN
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: WILLIAM (DEERINGS) (SURRENDEN) SUB OF SEC 17-40-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 830700

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 17S-134-02
  • District: 73
  • Parcel: 14-17-219-006-0000
  • Lot: 28
  • Meridian: SEC 17 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9649
  • Longitude: -87.6552

    Address

  • Full Address: 4540 N Sheridan Rd
  • Address - House Number: 4540
  • Street Direction: N
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C013
  • 4-Digit Zip Code: 8184
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,034
  • Tax Rate Code Area: 73073

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 791,755
  • High Value: 994,063
  • Low Value: 589,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: BOFI FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Feb 23, 2015
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Feb 01, 2045

    Market Valuation

  • Market Total Value: $1,081,470
  • Market Land Value: $450,000
  • Market Improvement Value: $631,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,147
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $63,147

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Frequently Asked Questions

What neighborhood is 4540 North Sheridan Road located in?
The 4540 North Sheridan Road is a located in the neighborhood of Uptown in North Side, Chicago.
What is the average sales price for listings in 4540 North Sheridan Road?
The average sales price for units in 4540 North Sheridan Road is $0 currently.

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