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6770 North Sauganash Avenue

6770 North Sauganash Avenue, Chicago, IL 60646
Commercial in Edgebrook
Sold Jul 25, 2019
$775,000
$542,500 by Northside Community Bank
Mortgage Due Jul 24, 2024
6770 North Sauganash Avenue in Chicago, IL was first built in 1962 and is 62 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 2 floors. There are a total of 26 rooms in the home, of which, 14 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 6770 North Sauganash Avenue has 5,118 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. In total, the area measurement of the land is 6,210 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 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, 6770 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 $15,221 in taxes each year. 6770 North Sauganash Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,000. 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 $58,475. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 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: 18
  • 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
  • Subdivision: GOYETTE CONSTRUCTION GOS RESUBDIVISION
  • Land Acres: 0.143
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 6770 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: 10-33-300-039-0000
  • Meridian: SEC 33 TWN 41N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 42.0043
  • Longitude: -87.7637

    Address

  • Full Address: 6770 N Sauganash Ave
  • Address - House Number: 6770
  • Street Direction: N
  • Address - Street Name: Sauganash
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C056
  • 4-Digit Zip Code: 1537
  • Zip Code: 60646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,221
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 410,936
  • High Value: 472,960
  • Low Value: 348,911

    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 25, 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: $740,000
  • Market Land Value: $155,250
  • Market Improvement Value: $584,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $15,525
  • Assessed Improvements Value: $58,475

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 25, 2019
  • Current Sale Transaction ID: 11626692546
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1920646081

    Last Sale Mortgage

  • First Mortgage Lender: NORTHSIDE COMMUNITY BANK
  • First Mortgage Transaction Date: Jul 25, 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 6770 North Sauganash Avenue located in?
The 6770 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 6770 North Sauganash Avenue?
The average sales price for units in 6770 North Sauganash Avenue is $799,000 currently.

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