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6123 North Ravenswood Avenue East

6123 North Ravenswood Avenue East, Chicago, IL 60660
Property in Edgewater
1 Units For Sale
Unit for sale at 6123 N RAVENSWOOD Avenue, Chicago, IL 60660

$800,000

  • Commercial
  • 3,204 ft²
6123 N RAVENSWOOD Avenue, Chicago, IL 60660 Listing by Victoria Nguyen

6123 North Ravenswood Avenue East 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 1968 and is 56 years old. The home has a total of 16 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6123 North Ravenswood Avenue East has 3,204 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 4,050 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 hot water 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, 6123 North Ravenswood Avenue East was last sold in Dec 8, 2017 for $470,000. According to our calculations, that's $146.69 per sqft. Prior to that sales transaction, the property was sold for $465,000 in Jan 16, 2004. Current property owners are expected to pay $8,253 in taxes per year. The property on 6123 North Ravenswood Avenue East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $43,543. To break that down further, the land itself was valued at $20,250. While improvements to the property were assessed at a total of $23,293. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • 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: 5
  • Business/Commerical Units Count: 5
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,050
  • Total Building Area: 3,204
  • Gross Building Area: 3,204
  • Building Area: 3,204
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,204
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEMPERS HIGH RIDGE
  • Land Acres: 0.093
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (KEMPERS)(HIGH)(RIDGE) SUB SEC 06-40-14

Ownership

  • Current Owner : LUONG NHI K
  • Current Owner 2: HUYNH QUYEN V
  • Previous Owner : PHILLIPS ROBERT B
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 030300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17N-20-02
  • District: 73
  • Parcel: 14-06-215-057-0000
  • Block: 3
  • Lot: 40
  • Meridian: SEC 06 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9927
  • Longitude: -87.6745

    Address

  • Full Address: 6123 N Ravenswood Ave
  • Address - House Number: 6123
  • Street Direction: N
  • Address - Street Name: Ravenswood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C093
  • 4-Digit Zip Code: 2380
  • Zip Code: 60660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,253
  • Tax Rate Code Area: 73020

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 474,302
  • High Value: 595,495
  • Low Value: 353,108

    Market Valuation

  • Market Total Value: $435,430
  • Market Land Value: $202,500
  • Market Improvement Value: $232,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,543
  • Assessed Land Value: $20,250
  • Assessed Improvements Value: $23,293

    Sales

  • Current Sale Contract Date: Dec 08, 2017
  • Current Sale Recording Date: Dec 19, 2017
  • Current Sale Transaction ID: 11339210338
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1735318016
  • Previous Sale Recording Date: Jan 30, 2004
  • Previous Sale Contract Date: Jan 16, 2004
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BEN FRANKLIN BANK OF ILLINOIS
  • First Mortgage Transaction Date: Dec 19, 2017
  • First Mortgage Loan Amount: $327,500
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 08, 2027

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jan 30, 2004
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $348,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About North Side



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Frequently Asked Questions

What neighborhood is 6123 North Ravenswood Avenue East located in?
The 6123 North Ravenswood Avenue East is a located in the neighborhood of Edgewater in North Side, Chicago.
How many listings are currently for sale in 6123 North Ravenswood Avenue East?
There is one unit for sale right now.
What is the average sales price for listings in 6123 North Ravenswood Avenue East?
The average sales price for units in 6123 North Ravenswood Avenue East is $800,000 , or $250/sqft. currently.

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