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4700 North Troy Street

4700 North Troy Street, Chicago, IL 60625
Property in Albany Park
Sold Jun 11, 2019
$1,150,000
$862,500 by Marquette Bank
Mortgage Due Jun 15, 2049
Sold Mar 05, 1996
Transfer
$60,000 by Plaza Bank
Mortgage
Local assessors in Chicago, IL have categorized 4700 North Troy Street as a residential type of property. The home was built in 1916 and is 108 years old. The property's lot size has been calculated to be 4,852 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 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, 4700 North Troy Street was last sold in Jun 7, 2019 for $1,150,000. Current property owners are expected to pay $15,763 in taxes per year. The property on 4700 North Troy Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $76,366. To break that down further, the land itself was valued at $8,734. While improvements to the property were assessed at a total of $67,632. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,852
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWESTERN LAND ASSOCIATION
  • Land Acres: 0.111
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (NORTHWESTERN)(LAND)(ASSOCIATION) SUB OF EX RW OF NOR THWESTERN ELEV. R.R. WH NW SEC 13-40-13

Ownership

  • Current Owner : LELANDTROY LLC
  • Previous Owner : 3134 40 W LELAND LLC
  • Owner Before Previous Owner: DEVON BANK
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-13-100-030-0000
  • Block: 36
  • Lot: 25
  • Meridian: SEC 13 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9668
  • Longitude: -87.7076

    Address

  • Full Address: 4700 N Troy St
  • Address - House Number: 4700
  • Street Direction: N
  • Address - Street Name: Troy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,763
  • Tax Rate Code Area: 71128

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 635,588
  • High Value: 797,993
  • Low Value: 473,182

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $862,500
  • First Open Lien Mortgage Lender: MARQUETTE BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $862,500
  • 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: Jun 15, 2049

    Market Valuation

  • Market Total Value: $763,660
  • Market Land Value: $87,340
  • Market Improvement Value: $676,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,366
  • Assessed Land Value: $8,734
  • Assessed Improvements Value: $67,632

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 11, 2019
  • Current Sale Transaction ID: 11612460916
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1916212127
  • Previous Sale Recording Date: Mar 05, 1996
  • Previous Sale Contract Date: Oct 26, 1995
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE BANK
  • First Mortgage Transaction Date: Jun 11, 2019
  • First Mortgage Loan Amount: $862,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 15, 2049

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA BANK
  • Previous Mortgage Transaction Date: Mar 05, 1996
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 4700 North Troy Street located in?
The 4700 North Troy Street is a located in the neighborhood of Albany Park in Northwest Side, Chicago.
What is the average sales price for listings in 4700 North Troy Street?
The average sales price for units in 4700 North Troy Street is $0 currently.

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