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636 North Ridgeway Avenue

636 North Ridgeway Avenue, Chicago, IL 60624
Multifamily in East Garfield Park
Sold May 30, 2019
$271,000
$266,091 by Parkside Lending Llc
Mortgage Due Jun 01, 2049
Sold Mar 28, 2018
$165,000
Local assessors in Chicago, IL have categorized 636 North Ridgeway Avenue as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 3,050 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 18 rooms in the home. Of these, 9 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 3 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 636 North Ridgeway Avenue has a total of 3,628 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. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. 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 tar and gravel. Lots of masonry 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, 636 North Ridgeway Avenue sold most recently in May 20, 2019 for a total of $271,000. If you work out the math, that's approximately a cost of $74.70 per sqft. Before that, the property was also sold for $165,000 in Mar 1, 2018. 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 $7,610 in taxes each year. 636 North Ridgeway Avenue 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 $3,584. Improvements to the property, however, were assessed at a total of $33,416. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,050
  • Total Building Area: 3,628
  • Gross Building Area: 3,628
  • Building Area: 3,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORTONS SUB
  • Land Acres: 0.07
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) BLK 5 W J MORTONS SUB EH NW SEC 11-39-13

Ownership

  • Current Owner : CHANEY KEVIN SCOTT
  • Previous Owner : CHICAGO ASSET MANAGEMENT LLC
  • Owner Before Previous Owner: NBT 2017 FCB FRS I LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 231500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-11-114-029-0000
  • Block: 5
  • Lot: 9
  • Meridian: SEC 11 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8929
  • Longitude: -87.7202

    Address

  • Full Address: 636 N Ridgeway Ave
  • Address - House Number: 636
  • Street Direction: N
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 1175
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,610
  • Tax Rate Code Area: 77052

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 442,150
  • High Value: 555,127
  • Low Value: 329,172

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $290,118
  • First Open Lien Mortgage Lender: PARKSIDE LENDING LLC
  • First Open Lien Mortgage Recording Date: May 30, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $266,091
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jan 12, 2024
  • Second Open Lien Mortgage Loan Amount: $24,027
  • Second Open Lien Mortgage Term: 304
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $35,840
  • Market Improvement Value: $334,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $3,584
  • Assessed Improvements Value: $33,416

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11609671030
  • Current Sale Price: $271,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1915034101
  • Previous Sale Recording Date: Mar 28, 2018
  • Previous Sale Contract Date: Mar 01, 2018
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $266,091
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 636 North Ridgeway Avenue located in?
The 636 North Ridgeway Avenue is a multifamily located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 636 North Ridgeway Avenue?
The average sales price for units in 636 North Ridgeway Avenue is $0 currently.

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