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515 West Oakdale Avenue

515 West Oakdale Avenue, Chicago, IL 60657
Property in Lake View East
Sold Aug 07, 1998
$408,500
$320,000 by C & R Mortgage
Mortgage Due Jan 01, 2051
Sold Mar 27, 1996
$299,000
$239,200 by The Northern Trust Company
Mortgage Due Apr 01, 2026
515 West Oakdale Avenue in Chicago, IL was first built in 1890 and is 134 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 row home style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 515 West Oakdale Avenue has 1,824 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 1,862 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. 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 2, 1998 for $408,500. That's $223.96 per sqft. Prior to that sales transaction, the property was also sold in Feb 28, 1996 for $299,000. 515 West Oakdale Avenue was last assessed in 2023. The total value of the property was assessed at $72,000. Specifically, the land the property is located on was valued at $11,172. While improvements on the property were assessed at a total of $60,828. 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 $14,106. 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. 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: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,862
  • Total Building Area: 1,824
  • Gross Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GILBERT HUBBARDS ADD TO CHICAGO IN S
  • Land Acres: 0.043
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: NORTH97 FT E6 LOT4 BLK1

Ownership

  • Current Owner : MARX GARY
  • Current Owner 2: VAISMAN CECILIA
  • Previous Owner : BERNSTEIN MATTHEW
  • Previous Owner 2: BERNSTEIN MATTHEW A
  • Owner Before Previous Owner: KELLY CHARLES A
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 063301

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-28-117-011-0000
  • Block: 1
  • Lot: 3,4
  • Meridian: SEC 28 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9353
  • Longitude: -87.6425

    Address

  • Full Address: 515 W Oakdale Ave
  • Address - House Number: 515
  • Street Direction: W
  • Address - Street Name: Oakdale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C013
  • 4-Digit Zip Code: 5705
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,106
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2569
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 822,749
  • High Value: 1,034,167
  • Low Value: 611,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: C & R MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $720,000
  • Market Land Value: $111,720
  • Market Improvement Value: $608,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,000
  • Assessed Land Value: $11,172
  • Assessed Improvements Value: $60,828

    Sales

  • Current Sale Contract Date: Jul 02, 1998
  • Current Sale Recording Date: Aug 07, 1998
  • Current Sale Transaction ID: 1079076732
  • Current Sale Price: $408,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 98697450
  • Previous Sale Recording Date: Mar 27, 1996
  • Previous Sale Contract Date: Feb 28, 1996
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CORLEY FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 07, 1998
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: THE NORTHERN TRUST COMPANY
  • Previous Mortgage Transaction Date: Mar 27, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $239,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2026

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Frequently Asked Questions

What neighborhood is 515 West Oakdale Avenue located in?
The 515 West Oakdale Avenue is a located in the neighborhood of Lake View East in North Side, Chicago.
What is the average sales price for listings in 515 West Oakdale Avenue?
The average sales price for units in 515 West Oakdale Avenue is $0 currently.

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