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6122 Crain Street

6122 Crain Street, Morton Grove, IL 60053
Property in Niles
Sold Jul 26, 2021
$300,000
$225,000 by The Huntington National Bank
Mortgage Due Aug 01, 2051
Local assessors in Morton Grove, IL have categorized 6122 Crain Street as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 4,320 square feet. The linear feet between the front and back of the lot was measured at 1,430 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 2 full bathrooms. There are also 3 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 6122 Crain Street has a total of 1,683 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame 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 asphalt. Lots of wood 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6122 Crain Street sold most recently in Jun 21, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $178.25 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,183 in taxes each year. 6122 Crain Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,000. If we break it down further, the land itself was valued at $6,048. Improvements to the property, however, were assessed at a total of $30,952. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,320
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,683
  • Gross Building Area: 1,683
  • Building Area: 1,683
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,683
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FERNALDS MORTON GROVE
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GEO (FERNALDS)(MORTON)(GROVE) SUB OF WH EXCEPT N 40AC S OF W 10ACS THEREOF OF NE SEC 20-41-13

Ownership

  • Current Owner : MATHEW PRAVEEN
  • Current Owner 2: MATHEW BEENA
  • Previous Owner : MEIER RUTH ANN
  • Previous Owner 2: RUTH ANN MEIER LIVING TRUST
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Morton Grove School District 70
  • Census Tract: 808301

Geography

  • District: 24
  • Parcel: 10-20-107-008-0000
  • Lot: 19
  • Meridian: SEC 20 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0392
  • Longitude: -87.78

    Address

  • Full Address: 6122 Crain St
  • Address - House Number: 6122
  • Address - Street Name: Crain
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morton Grove
  • Carrier Code: C024
  • 4-Digit Zip Code: 2901
  • Zip Code: 60053

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,183
  • Tax Rate Code Area: 24017

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 341,884
  • High Value: 376,451
  • Low Value: 307,316

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $60,480
  • Market Improvement Value: $309,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $6,048
  • Assessed Improvements Value: $30,952

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11845286918
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2120721250

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 6122 Crain Street located in?
The 6122 Crain Street is a located in the neighborhood of Niles in Morton Grove, Morton Grove.
What is the average sales price for listings in 6122 Crain Street?
The average sales price for units in 6122 Crain Street is $0 currently.

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