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538 North Leavitt Street

538 North Leavitt Street, Chicago, IL 60612
Multifamily in West Town
538 North Leavitt Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1891 and is 133 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 538 North Leavitt Street has 1,932 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 250 ft and across the front of the lot is 1,060 ft. The area measurement of the land has been determined as 2,675 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Mar 25, 2021 for $830,000. That's $429.61 per sqft. Prior to that sales transaction, the property was also sold in Jul 9, 2019 for $561,000. 538 North Leavitt Street was last assessed in 2023. The total value of the property was assessed at $59,000. Specifically, the land the property is located on was valued at $16,050. While improvements on the property were assessed at a total of $42,950. 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 $12,135. 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! 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

Brick Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220202
02/02/2022
5 Bed
-
-
$859,000
bedrooms
5 Bed
bathrooms
-
-
-
-
Julie Busby
Compass

Building Info

Overview

    General

  • Year Built: 1891
  • Effective Year Built: 1891
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,675
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANAL TRUSTEES SUB
  • Land Acres: 0.061
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF BLK 23 OF CANAL TRUSTEES SUB IN SEC 07-39-14

Ownership

  • Current Owner : FERNANDES GLEN
  • Current Owner 2: BHANDARKAR PRIYADARSHINI
  • Previous Owner : TRAUTMAN JENNIFER
  • Owner Before Previous Owner: FOXLEY CONNIE
  • Owner Before Previous Owner 2: FOXLEY ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-07-119-003-0000
  • Block: 23
  • Lot: 32
  • Meridian: SEC 07 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8919
  • Longitude: -87.6821

    Address

  • Full Address: 538 N Leavitt St
  • Address - House Number: 538
  • Street Direction: N
  • Address - Street Name: Leavitt
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 1542
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,135
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 550,255
  • High Value: 690,855
  • Low Value: 409,654

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $835,500
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 29, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $705,500
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2062
  • Second Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Apr 03, 2024
  • Second Open Lien Mortgage Loan Amount: $130,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 20, 2054

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $160,500
  • Market Improvement Value: $429,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,000
  • Assessed Land Value: $16,050
  • Assessed Improvements Value: $42,950

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Transaction ID: 11888773663
  • Current Sale Price: $830,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2208804324
  • Previous Sale Recording Date: Jul 19, 2019
  • Previous Sale Contract Date: Jul 09, 2019
  • Previous Sale Amount: $561,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Mar 29, 2022
  • First Mortgage Loan Amount: $705,500
  • First Mortgage Terms: 480
  • First Mortgage Loan Due Date: Apr 01, 2062

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 19, 2019
  • Previous Mortgage Loan Amount: $532,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About West Side



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Frequently Asked Questions

What neighborhood is 538 North Leavitt Street located in?
The 538 North Leavitt Street is a multifamily located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 538 North Leavitt Street?
The average sales price for units in 538 North Leavitt Street is $0 currently.

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