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506 North Avenue

506 North Avenue, Antioch, IL 60002
Multifamily in Sequoit Terrace
Sold Oct 22, 2020
$149,500
$145,015 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2050
Sold May 09, 1995
$103,000
$105,050 by Midwest Funding Corp
Mortgage Due May 01, 2025
506 North Avenue in Antioch, IL was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 506 North Avenue has 1,240 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 4,874 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 528 sqft. 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 brick. 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 forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 9, 2020 for $149,500. That's $80.38 per sqft. Prior to that sales transaction, the property was also sold in Apr 4, 1995 for $103,000. 506 North Avenue was last assessed in 2023. The total value of the property was assessed at $58,094. Specifically, the land the property is located on was valued at $3,319. While improvements on the property were assessed at a total of $54,775. 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 $4,970. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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

Aluminum Siding
Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 620
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,874
  • Total Building Area: 1,860
  • Gross Building Area: 1,960
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEQUOIT TERRACE FIRST ADDN
  • Land Acres: 0.112
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SEQUOIT TERRACE FIRST ADDN E 37.50FT LOT 56

Ownership

  • Current Owner : BEHM MITCHELL
  • Previous Owner : QUARELLO DONNA L
  • Owner Before Previous Owner: KOCH ELAINE D
  • Owner Before Previous Owner 2: KOCH MILTON J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 860806

Geography

  • Assessors Map Reference: 2357-D5
  • District: ANTIOCH
  • Parcel: 02-08-101-046
  • Lot: 56
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4877
  • Longitude: -88.1007

    Address

  • Full Address: 506 North Ave
  • Address - House Number: 506
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Antioch
  • Carrier Code: C006
  • 4-Digit Zip Code: 1302
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,970
  • Tax Rate Code Area: 4034

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 206,188
  • High Value: 241,076
  • Low Value: 171,300

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,015
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $145,015
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $174,299
  • Market Land Value: $9,958
  • Market Improvement Value: $164,341

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,094
  • Assessed Land Value: $3,319
  • Assessed Improvements Value: $54,775

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11798467601
  • Current Sale Price: $149,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7707539
  • Previous Sale Recording Date: May 09, 1995
  • Previous Sale Contract Date: Apr 04, 1995
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $145,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST FUNDING CORP
  • Previous Mortgage Transaction Date: May 09, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $105,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Assumption
  • Previous Mortgage Loan Due Date: May 01, 2025

About Sequoit Terrace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,150 /mo

  • 2 Beds
  • 1 Bath
  • 965 ft²
Listing by Beautiful One and Two Bedroom Apartments!

Frequently Asked Questions

What neighborhood is 506 North Avenue located in?
The 506 North Avenue is a multifamily located in the neighborhood of Sequoit Terrace in Sequoit Terrace, Antioch.
What is the average sales price for listings in 506 North Avenue?
The average sales price for units in 506 North Avenue is $0 currently.

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