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4857 North Western Avenue

4857 North Western Avenue, Chicago, IL 60625
Property in Ravenswood
Sold Oct 03, 2014
$300,000
Sold Nov 16, 2005
$405,000
$345,000 by Ravenswood Bank
Mortgage Due Oct 12, 2010
4857 North Western Avenue in Chicago, IL was first built in 1907 and is 117 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 2 floors. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4857 North Western Avenue has 3,089 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 2,648 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 frame 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 wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4857 North Western Avenue sold most recently in Aug 12, 2014 for a total of $300,000. If you work out the math, that's approximately a cost of $97.12 per sqft. Before that, the property was also sold for $405,000 in Oct 12, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,499 in taxes each year. The initial year of tax delinquency occurred in 2021. 4857 North Western Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,259. If we break it down further, the land itself was valued at $21,184. Improvements to the property, however, were assessed at a total of $23,075. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,648
  • Total Building Area: 3,089
  • Gross Building Area: 3,089
  • Building Area: 3,089
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,089
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAUERS SUB
  • Land Acres: 0.061
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: JOHN (BAUERS) SUB OF S4ACS OF N12ACS OF WH SW SW SEC 07-40-14

Ownership

  • Current Owner : PAVLOVICH VLADAN
  • Previous Owner : 4857 N WESTERN LLC
  • Owner Before Previous Owner: SMARINSKY JOHN D
  • Owner Before Previous Owner 2: SMARINSKY NANCY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 040401

Zoning

  • Zoning: B3-1

Geography

  • Assessors Map Reference: 17S-91-06
  • District: 73
  • Parcel: 14-07-318-001-0000
  • Block: 4
  • Lot: 8
  • Meridian: SEC 07 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9703
  • Longitude: -87.6886

    Address

  • Full Address: 4857 N Western Ave
  • Address - House Number: 4857
  • Street Direction: N
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C031
  • 4-Digit Zip Code: 1954
  • Zip Code: 60625

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,499
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 73102

    Market Valuation

  • Market Total Value: $442,590
  • Market Land Value: $211,840
  • Market Improvement Value: $230,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,259
  • Assessed Land Value: $21,184
  • Assessed Improvements Value: $23,075

    Sales

  • Current Sale Contract Date: Aug 12, 2014
  • Current Sale Recording Date: Oct 03, 2014
  • Current Sale Transaction ID: 1177009095
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1427633067
  • Previous Sale Recording Date: Nov 16, 2005
  • Previous Sale Contract Date: Oct 12, 2005
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: Oct 03, 2014
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 12, 2019

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: RAVENSWOOD BANK
  • Previous Mortgage Transaction Date: Nov 16, 2005
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $345,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 12, 2010

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Frequently Asked Questions

What neighborhood is 4857 North Western Avenue located in?
The 4857 North Western Avenue is a located in the neighborhood of Ravenswood in North Side, Chicago.
What is the average sales price for listings in 4857 North Western Avenue?
The average sales price for units in 4857 North Western Avenue is $0 currently.

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