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477 West Deming Place

477 West Deming Place, Chicago, IL 60614
Property in Park West
Sold Dec 21, 2012
$3,386,000
$404,757 by First Midwest Bank
Mortgage
Sold Jun 17, 2005
$2,500,000
$2,600,000 by Cole Taylor Bank
Mortgage Due May 23, 2010
477 West Deming Place in Chicago, IL was first built in 1885 and is 139 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. In total, the area measurement of the land is 5,400 square feet.

Learn more about the property and building on this page. The property was last sold in Dec 17, 2012 for $3,386,000. Prior to that sales transaction, the property was also sold in May 18, 2005 for $2,500,000. 477 West Deming Place was last assessed in 2022. The total value of the property was assessed at $150,203. Specifically, the land the property is located on was valued at $27,000. While improvements on the property were assessed at a total of $123,203. 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 $30,894. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 18
  • Business/Commerical Units Count: 19
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • 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: MULHOLANDS RESUB OF LTS4-5 EX E100FT I
  • Land Acres: 0.124
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (MULHOLANDS) RESUB OF LTS4-5 EX E100FT IN SUB OF LT1 OF ASSESSORS DIVN OF OUTLOT B IN WRIGHTWOOD A SUB OF SW SEC 28-40-14

Ownership

  • Current Owner : DEMING ESTATES LLC
  • Previous Owner : HARRIS RICHARD
  • Previous Owner 2: ONEILL HARRIS PATRICIA J
  • Owner Before Previous Owner: DEMING III LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070102

Zoning

  • Zoning: B1-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-28-319-002-0000
  • Lot: 1,4,5
  • Meridian: SEC 28 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9286
  • Longitude: -87.6418

    Address

  • Full Address: 477 W Deming Pl
  • Address - House Number: 477
  • Street Direction: W
  • Address - Street Name: Deming
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C085
  • 4-Digit Zip Code: 1730
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,894
  • Tax Rate Code Area: 73001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,757
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $404,757
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,502,030
  • Market Land Value: $270,000
  • Market Improvement Value: $1,232,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150,203
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $123,203

    Sales

  • Current Sale Contract Date: Dec 17, 2012
  • Current Sale Recording Date: Dec 21, 2012
  • Current Sale Transaction ID: 1144566977
  • Current Sale Price: $3,386,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1235644052
  • Previous Sale Recording Date: Jun 17, 2005
  • Previous Sale Contract Date: May 18, 2005
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCO POPULAR NORTH AMERICA
  • First Mortgage Transaction Date: Dec 21, 2012
  • First Mortgage Loan Amount: $2,708,800
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 17, 2017

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: COLE TAYLOR BANK
  • Previous Mortgage Transaction Date: Jun 17, 2005
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $2,600,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 23, 2010

About North Side



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Frequently Asked Questions

What neighborhood is 477 West Deming Place located in?
The 477 West Deming Place is a located in the neighborhood of Park West in North Side, Chicago.
What is the average sales price for listings in 477 West Deming Place?
The average sales price for units in 477 West Deming Place is $0 currently.

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