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520 North Troy Street

520 North Troy Street, Chicago, IL 60612
Sold May 17, 2021
$380,000
$373,117 by Midwest Community Bank
Mortgage Due May 01, 2051
Sold Mar 07, 2019
$123,000
$138,750 by Finance Of America Commercial
Mortgage Due Mar 01, 2020
520 North Troy Street in Chicago, IL was first built in 1905 and is 119 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 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 520 North Troy Street has 2,248 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 3,175 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. There is one available parking space. 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 heating system. 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, 520 North Troy Street was last sold in Apr 6, 2021 for $380,000. According to our calculations, that's $169.04 per sqft. Prior to that sales transaction, the property was sold for $123,000 in Jan 9, 2019. Current property owners are expected to pay $7,404 in taxes per year. The property on 520 North Troy Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $36,000. To break that down further, the land itself was valued at $3,731. While improvements to the property were assessed at a total of $32,269. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,175
  • Total Building Area: 2,248
  • Gross Building Area: 2,248
  • Building Area: 2,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAYLORS SUB
  • Land Acres: 0.073
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JAS W (TAYLORS) SUB WH SW NW SEC 12-39-13

Ownership

  • Current Owner : DUPREY SIAN IVELISSE
  • Previous Owner : BRILLIANT FUTURE LLC
  • Owner Before Previous Owner: RESIDENTIAL ACCREDIT LOANS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 836700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-12-106-023-0000
  • Block: 2
  • Lot: 12
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.891
  • Longitude: -87.7055

    Address

  • Full Address: 520 N Troy St
  • Address - House Number: 520
  • Street Direction: N
  • Address - Street Name: Troy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 1030
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,404
  • Tax Rate Code Area: 77019

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 437,237
  • High Value: 548,959
  • Low Value: 325,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $373,117
  • First Open Lien Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $373,117
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $37,310
  • Market Improvement Value: $322,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $3,731
  • Assessed Improvements Value: $32,269

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835247325
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2113717107
  • Previous Sale Recording Date: Mar 07, 2019
  • Previous Sale Contract Date: Jan 09, 2019
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $373,117
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Mar 07, 2019
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $138,750
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 01, 2020

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Frequently Asked Questions

What neighborhood is 520 North Troy Street located in?
The 520 North Troy Street is a located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 520 North Troy Street?
The average sales price for units in 520 North Troy Street is $0 currently.

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