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6500 North Northwest Highway

6500 North Northwest Highway, Chicago, IL 60631
Property in Edison Park
1 Units For Sale
Unit for sale at 6500 N Northwest Highway, Chicago, IL 60631

$460,000 ↓ $20K

  • 3 Beds
6500 N Northwest Highway, Chicago, IL 60631 Listing by Milica Kutlesic

6500 North Northwest Highway 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 1958 and is 66 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6500 North Northwest Highway has 1,944 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 7,700 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 no garage for those who require parking. 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 frame 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 asphalt. 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 heating system. The property was last sold in Jun 30, 2004 for $372,500. That's $191.62 per sqft. 6500 North Northwest Highway was last assessed in 2023. The total value of the property was assessed at $42,000. Specifically, the land the property is located on was valued at $15,400. While improvements on the property were assessed at a total of $26,600. 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 $8,639. 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!

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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Total Building Area: 1,944
  • Gross Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION PT OF R.R. EH SE SEC 36-41
  • Land Acres: 0.177
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) PT OF R.R. EH SE SEC 36-41-12

Ownership

  • Current Owner : BONANNO THOMAS J
  • Previous Owner : EVORA GORDON D
  • Previous Owner 2: EVORA JOSEPHINE B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 090200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 09-36-425-028-0000
  • Lot: 7
  • Meridian: SEC 36 TWN 41N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9988
  • Longitude: -87.8102

    Address

  • Full Address: 6500 N Northwest Hwy
  • Address - House Number: 6500
  • Street Direction: N
  • Address - Street Name: Northwest
  • Address - Suffix Type: Hwy
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 1401
  • Zip Code: 60631

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,639
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 466,260
  • High Value: 536,635
  • Low Value: 395,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,675
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 03, 2012
  • First Open Lien Mortgage Loan Amount: $284,675
  • 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: Aug 01, 2042

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $154,000
  • Market Improvement Value: $266,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $15,400
  • Assessed Improvements Value: $26,600

    Sales

  • Current Sale Contract Date: Jun 30, 2004
  • Current Sale Recording Date: Jul 22, 2004
  • Current Sale Transaction ID: 1041392843
  • Current Sale Price: $372,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0420405204

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Jul 22, 2004
  • First Mortgage Loan Amount: $335,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization
  • First Mortgage Loan Due Date: Jul 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northwest Side



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Frequently Asked Questions

What neighborhood is 6500 North Northwest Highway located in?
The 6500 North Northwest Highway is a located in the neighborhood of Edison Park in Northwest Side, Chicago.
How many listings are currently for sale in 6500 North Northwest Highway?
There is one unit for sale right now.
What is the average sales price for listings in 6500 North Northwest Highway?
The average sales price for units in 6500 North Northwest Highway is $460,000 currently.

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