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545 Gunderson Avenue

545 Gunderson Avenue, Oak Park, IL 60304
House in Oak Park
Sold Sep 11, 2020
$625,000
$500,000 by Regions Bank
Mortgage Due Jan 15, 2047
Sold Oct 05, 2015
$651,500
$521,200 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2045
545 Gunderson Avenue has been categorized by the local assessors in Oak Park, IL as a residential type of property. The building on the property was first built in 1914 and is 110 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, 545 Gunderson Avenue has 2,166 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,427 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 central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 24, 2020 for $625,000. That's $288.55 per sqft. Prior to that sales transaction, the property was also sold in Sep 18, 2015 for $651,500. 545 Gunderson Avenue was last assessed in 2023. The total value of the property was assessed at $43,115. Specifically, the land the property is located on was valued at $4,798. While improvements on the property were assessed at a total of $38,317. 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 $9,942. 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. 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.

Building Info

Overview

    General

  • Year Built: 1914
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,427
  • Total Building Area: 2,166
  • Gross Building Area: 2,166
  • Building Area: 2,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,166
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHGO HERALD ADD SUB
  • Land Acres: 0.079
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (POWERS) RESUB OF LTS 1-28 BLK 1 CHGO HERALD ADD SUB OF WH LT 4 IN B F JERVIS SUB EX WH SW SEC 18-39-13

Ownership

  • Current Owner : GARGULA MICHAEL
  • Current Owner 2: GARGULA NANCY UKPE
  • Previous Owner : KRAMER JOEL
  • Previous Owner 2: KRAMER LEIGH
  • Owner Before Previous Owner: PYCH DANIEL J
  • Owner Before Previous Owner 2: PYCH KYRA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812900

Geography

  • District: 27
  • Parcel: 16-18-205-037-0000
  • Block: 1
  • Lot: 1-28
  • Meridian: SEC 18 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8782
  • Longitude: -87.7872

    Address

  • Full Address: 545 Gunderson Ave
  • Address - House Number: 545
  • Address - Street Name: Gunderson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C068
  • 4-Digit Zip Code: 1419
  • Zip Code: 60304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,942
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 398,748
  • High Value: 458,933
  • Low Value: 338,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 315
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 15, 2047

    Market Valuation

  • Market Total Value: $431,150
  • Market Land Value: $47,980
  • Market Improvement Value: $383,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,115
  • Assessed Land Value: $4,798
  • Assessed Improvements Value: $38,317

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11787059083
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2025508350
  • Previous Sale Recording Date: Oct 05, 2015
  • Previous Sale Contract Date: Sep 18, 2015
  • Previous Sale Amount: $651,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 315
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 15, 2047

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Oct 05, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $521,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Oak Park



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Nearby Rentals

Unit for rent at

$2,980 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,560 ft²
Listing by Paola Rios
Unit for rent at

$2,975 /mo

  • 4 Beds
  • 1.5 Baths
  • 2,700 ft²
Listing by Nicoll Garry
Unit for rent at

$2,600 /mo

  • 2 Beds
  • 2 Baths
Listing by Nicholas Apostal
Unit for rent at

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
Listing by Jonathan Paul
Unit for rent at

$2,695 /mo

  • 2 Beds
  • 1 Bath
  • 920 ft²
Listing by City Flats Chicago

Frequently Asked Questions

What neighborhood is 545 Gunderson Avenue located in?
The 545 Gunderson Avenue is a house located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 545 Gunderson Avenue?
The average sales price for units in 545 Gunderson Avenue is $689,900 , or $357/sqft. currently.

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