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6860 North Lincoln Avenue

6860 North Lincoln Avenue, Lincolnwood, IL 60712
Property in Lincolnwood
Sold May 31, 2023
$300,000
$285,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2053
Sold May 06, 2015
$185,000
$148,000 by American Lenders Solutions Llc
Mortgage Due May 01, 2045
6860 North Lincoln Avenue has been categorized by the local assessors in Lincolnwood, IL as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6860 North Lincoln Avenue has 1,411 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 5,282 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central 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, 6860 North Lincoln Avenue sold most recently in May 23, 2023 for a total of $300,000. If you work out the math, that's approximately a cost of $212.62 per sqft. Before that, the property was also sold for $185,000 in Apr 24, 2015. 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 $7,598 in taxes each year. 6860 North Lincoln Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,000. If we break it down further, the land itself was valued at $5,000. Improvements to the property, however, were assessed at a total of $28,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Modern
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,282
  • Total Building Area: 1,411
  • Gross Building Area: 1,411
  • Building Area: 1,411
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,411
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN - CRAWFORD PRATT
  • Land Acres: 0.121
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (LINCOLN)-(CRAWFORD)(PRATT) BLVD SUB SH OF E15ACS&SH OF W25ACS EX S30FT OF PT LYING W OF LINCOLN AVE OF SE NE ALSO PT EH SE L

Ownership

  • Current Owner : TWASEEN MUZAMMAL
  • Previous Owner : BAIG SHAMSHAD
  • Owner Before Previous Owner: BMO HARRIS BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lincolnwood School District 74
  • Census Tract: 808001

Geography

  • District: 24
  • Parcel: 10-34-231-027-0000
  • Lot: 57,58
  • Meridian: SEC 34 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0055
  • Longitude: -87.732

    Address

  • Full Address: 6860 N Lincoln Ave
  • Address - House Number: 6860
  • Street Direction: N
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lincolnwood
  • Carrier Code: C071
  • 4-Digit Zip Code: 2628
  • Zip Code: 60712

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,598
  • Tax Rate Code Area: 24015

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 405,768
  • High Value: 500,014
  • Low Value: 311,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 31, 2023
  • First Open Lien Mortgage Loan Amount: $285,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $50,000
  • Market Improvement Value: $280,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $28,000

    Sales

  • Current Sale Contract Date: May 23, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Transaction ID: 11907194611
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13091
  • Previous Sale Recording Date: May 06, 2015
  • Previous Sale Contract Date: Apr 24, 2015
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 31, 2023
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN LENDERS SOLUTIONS LLC
  • Previous Mortgage Transaction Date: May 06, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $148,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2045

About Lincolnwood



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Frequently Asked Questions

What neighborhood is 6860 North Lincoln Avenue located in?
The 6860 North Lincoln Avenue is a located in the neighborhood of Lincolnwood in Lincolnwood, Lincolnwood.
What is the average sales price for listings in 6860 North Lincoln Avenue?
The average sales price for units in 6860 North Lincoln Avenue is $0 currently.

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