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527 North Ashland Avenue

527 North Ashland Avenue, Chicago, IL 60622
Property in West Town
1 Units For Sale
Unit for sale at 527 N Ashland Avenue, Chicago, IL 60622

$1,500,000

  • Commercial
527 N Ashland Avenue, Chicago, IL 60622 Listing by Otis Lazich

Local assessors in Chicago, IL have categorized 527 North Ashland Avenue as a residential type of property. The home was built in 1881 and is 143 years old. The property's lot size has been calculated to be 4,153 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 527 North Ashland Avenue has a total of 4,750 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Oct 12, 2005 for $350,000. That's $73.68 per sqft. 527 North Ashland Avenue was last assessed in 2023. The total value of the property was assessed at $65,126. Specifically, the land the property is located on was valued at $24,918. While improvements on the property were assessed at a total of $40,208. 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 $13,395. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1881
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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 Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,153
  • Total Building Area: 4,750
  • Gross Building Area: 4,750
  • Building Area: 4,750
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BICKERDIKES ADD
  • Land Acres: 0.095
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (SUBDIVISION) OF BLK15 IN BICKERDIKES ADD TO CHGO BEI NG THE WH NW SEC 08-39-14

Ownership

  • Current Owner : BAHARY MICHAEL
  • Current Owner 2: BAHARY STEVEN
  • Previous Owner : MEDINA GEORGE
  • Previous Owner 2: STEINBERG GEORGETTE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243300

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-121-037-0000
  • Block: 15
  • Lot: 17
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8919
  • Longitude: -87.6667

    Address

  • Full Address: 527 N Ashland Ave
  • Address - House Number: 527
  • Street Direction: N
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 6355
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,395
  • Tax Rate Code Area: 77001

    Market Valuation

  • Market Total Value: $651,260
  • Market Land Value: $249,180
  • Market Improvement Value: $402,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,126
  • Assessed Land Value: $24,918
  • Assessed Improvements Value: $40,208

    Sales

  • Current Sale Contract Date: Oct 12, 2005
  • Current Sale Recording Date: Dec 23, 2005
  • Current Sale Transaction ID: 1177330290
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0535739066

    Last Sale Mortgage

  • First Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • First Mortgage Transaction Date: Dec 23, 2005
  • First Mortgage Loan Amount: $775,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 01, 2035

About West Side



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Frequently Asked Questions

What neighborhood is 527 North Ashland Avenue located in?
The 527 North Ashland Avenue is a located in the neighborhood of West Town in West Side, Chicago.
How many listings are currently for sale in 527 North Ashland Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 527 North Ashland Avenue?
The average sales price for units in 527 North Ashland Avenue is $1,500,000 currently.

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