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624 North Ashland Avenue

624 North Ashland Avenue, Chicago, IL 60622
Commercial in West Town
Sold Jun 13, 1995
$94,000
$400,000 by Greenpoint Mortgage Funding In
Mortgage Due Jul 01, 2036
624 North Ashland Avenue in Chicago, IL was first built in 1883 and is 141 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 9 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 624 North Ashland Avenue has 5,136 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 240 ft and the linear feet between the front and back of the lot is 830. In total, the area measurement of the land is 1,992 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing electric heaters and being fueled with electricity. The property was last sold in Jun 7, 1995 for $94,000. That's $18.30 per sqft. 624 North Ashland Avenue was last assessed in 2022. The total value of the property was assessed at $82,000. Specifically, the land the property is located on was valued at $11,952. While improvements on the property were assessed at a total of $70,048. 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 $16,162. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 1883
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 5
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,992
  • Lot Size Depth Feet: 830
  • Lot Size Frontage Feet: 240
  • Total Building Area: 5,136
  • Gross Building Area: 5,136
  • Building Area: 5,136
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Electric
  • Heated Square Feet: 5,136
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HULLS SUB
  • Land Acres: 0.046
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: C J (HULLS) SUB OF SH BLK16 IN CANAL TRUSTEES SUB IN SEC 07-39-14

Ownership

  • Current Owner : VELA ELOISA M
  • Previous Owner : MASAD SALEH M
  • Previous Owner 2: MASAD SALAH M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243200

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-07-215-020-0000
  • Block: 16
  • Lot: 22
  • Meridian: SEC 07 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8932
  • Longitude: -87.6675

    Address

  • Full Address: 624 N Ashland Ave
  • Address - House Number: 624
  • Street Direction: N
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 5286
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,162
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • First Open Lien Mortgage Recording Date: Jul 05, 2006
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Market Valuation

  • Market Total Value: $820,000
  • Market Land Value: $119,520
  • Market Improvement Value: $700,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,000
  • Assessed Land Value: $11,952
  • Assessed Improvements Value: $70,048

    Sales

  • Current Sale Contract Date: Jun 07, 1995
  • Current Sale Recording Date: Jun 13, 1995
  • Current Sale Transaction ID: 1177327973
  • Current Sale Price: $94,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95382192

About West Side



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Frequently Asked Questions

What neighborhood is 624 North Ashland Avenue located in?
The 624 North Ashland Avenue is a commercial located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 624 North Ashland Avenue?
The average sales price for units in 624 North Ashland Avenue is $0 currently.

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