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6764 North Sauganash Avenue

6764 North Sauganash Avenue, Chicago, IL 60646
Commercial in Edgebrook
Sold Jul 29, 2019
$775,000
$542,500 by Northside Community Bank
Mortgage Due Jul 24, 2024
6764 North Sauganash Avenue 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 1962 and is 62 years old. The home has a total of 26 rooms. 14 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6764 North Sauganash Avenue has 5,118 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 6,210 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 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. 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, 6764 North Sauganash Avenue sold most recently in Jul 23, 2019 for a total of $775,000. If you work out the math, that's approximately a cost of $151.43 per sqft. 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 $16,043 in taxes each year. 6764 North Sauganash Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $78,000. If we break it down further, the land itself was valued at $15,525. Improvements to the property, however, were assessed at a total of $62,475. 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. 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.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 26
  • Bedroom Count: 14
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 6
  • Business/Commerical Units Count: 6
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,210
  • Total Building Area: 5,118
  • Gross Building Area: 5,118
  • Building Area: 5,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.143
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 6764 SAUGANASH LLC
  • Previous Owner : DEWING ROBERTA
  • Previous Owner 2: KOHNEN SYLVANA G
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 120200

Zoning

  • Zoning: RS-1,RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 10-33-300-041-0000
  • Meridian: SEC 33 TWN 41N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 42.0041
  • Longitude: -87.7634

    Address

  • Full Address: 6764 N Sauganash Ave
  • Address - House Number: 6764
  • Street Direction: N
  • Address - Street Name: Sauganash
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C056
  • 4-Digit Zip Code: 1539
  • Zip Code: 60646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,043
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 374,962
  • High Value: 431,557
  • Low Value: 318,366

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $542,500
  • First Open Lien Mortgage Lender: NORTHSIDE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jul 29, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $542,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 24, 2024

    Market Valuation

  • Market Total Value: $780,000
  • Market Land Value: $155,250
  • Market Improvement Value: $624,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,000
  • Assessed Land Value: $15,525
  • Assessed Improvements Value: $62,475

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 29, 2019
  • Current Sale Transaction ID: 11628167338
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1921046276

    Last Sale Mortgage

  • First Mortgage Lender: NORTHSIDE COMMUNITY BANK
  • First Mortgage Transaction Date: Jul 29, 2019
  • First Mortgage Loan Amount: $542,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 24, 2024

    Financing

  • First Mortgage Financing Type: Unknown

About Northwest Side



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Frequently Asked Questions

What neighborhood is 6764 North Sauganash Avenue located in?
The 6764 North Sauganash Avenue is a commercial located in the neighborhood of Edgebrook in Northwest Side, Chicago.
What is the average sales price for listings in 6764 North Sauganash Avenue?
The average sales price for units in 6764 North Sauganash Avenue is $799,000 currently.

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