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6425 North Talman Avenue

6425 North Talman Avenue, Chicago, IL 60645
Multifamily in West Rogers Park
Sold Mar 15, 2023
Transfer
$480,000 by Devon Bank
Mortgage Due Apr 01, 2053
Sold Mar 15, 2023
$600,000
$480,000 by Devon Bank
Mortgage Due Apr 01, 2053
Local assessors in Chicago, IL have categorized 6425 North Talman Avenue 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 4,125 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 330 ft. 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 12 rooms in the home. Of these, 6 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 6425 North Talman Avenue has a total of 2,944 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 masonry 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 air conditioning for their cooling system. The home's a hot water 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. Before that, the property was also sold for $600,000 in Mar 1, 2023. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,433 in taxes each year. 6425 North Talman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,000. If we break it down further, the land itself was valued at $8,250. Improvements to the property, however, were assessed at a total of $32,750. 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

Parking

Garage Parking
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: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Business/Commerical Units Count: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,125
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 330
  • Total Building Area: 2,944
  • Gross Building Area: 2,944
  • Building Area: 2,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DEVON ROCKWELL ADD TO ROGERS
  • Land Acres: 0.095
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (DEVON)(ROCKWELL) ADD TO (ROGERS) PARK SUB OF E PT OF SE SEC 36-41-13

Ownership

  • Current Owner : WASHTENAW AHMED
  • Current Owner 2: LUBABAH AMATUR RAHEEM
  • Previous Owner : DEVON BANK
  • Owner Before Previous Owner: PRAM JENNIFER H
  • Ownership Rights Codes: Company/Corporation

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020602

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 75
  • Parcel: 10-36-427-010-0000
  • Block: 4
  • Lot: 25
  • Meridian: SEC 36 TWN 41N RNG 13E
  • Municipality: ROGERS PARK
  • Latitude: 41.9984
  • Longitude: -87.6957

    Address

  • Full Address: 6425 N Talman Ave
  • Address - House Number: 6425
  • Street Direction: N
  • Address - Street Name: Talman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C081
  • 4-Digit Zip Code: 5331
  • Zip Code: 60645

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,433
  • Tax Rate Code Area: 75001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 461,806
  • High Value: 579,806
  • Low Value: 343,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: DEVON BANK
  • First Open Lien Mortgage Recording Date: Mar 15, 2023
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $82,500
  • Market Improvement Value: $327,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $8,250
  • Assessed Improvements Value: $32,750

    Sales

  • Current Sale Contract Date: Mar 01, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Transaction ID: 11903720574
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 13043
  • Previous Sale Recording Date: Mar 15, 2023
  • Previous Sale Contract Date: Mar 01, 2023
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DEVON BANK
  • First Mortgage Transaction Date: Mar 15, 2023
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: DEVON BANK
  • Previous Mortgage Transaction Date: Mar 15, 2023
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2053

About North Side



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Nearby Rentals

Unit for rent at

$3,400 /mo

  • 2 Beds
  • 2 Baths
  • 2,500 ft²
Listing by Sheila Dantzler

Frequently Asked Questions

What neighborhood is 6425 North Talman Avenue located in?
The 6425 North Talman Avenue is a multifamily located in the neighborhood of West Rogers Park in North Side, Chicago.
What is the average sales price for listings in 6425 North Talman Avenue?
The average sales price for units in 6425 North Talman Avenue is $0 currently.

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