Check Availability

729 Chestnut Street

729 Chestnut Street, Ottawa, IL 61350
Commercial in Ottawa
729 Chestnut Street in Ottawa, IL was first built in 1947 and is 79 years old. This has been categorized as a property type. 729 Chestnut Street has 7,440 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 7,232 square feet.

Learn more about the property and building on this page. 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, 729 Chestnut Street sold most recently in May 18, 2023 for a total of $205,000. If you work out the math, that's approximately a cost of $27.55 per sqft. Before that, the property was also sold for $125,000 in Nov 20, 2019. 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 $513,470 in taxes each year. 729 Chestnut Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $47,735. If we break it down further, the land itself was valued at $6,392. Improvements to the property, however, were assessed at a total of $41,343. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Stone Exterior
Vinyl Siding

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20221018
10/18/2022
Loft
-
14880 ft²
$350,000
bedrooms
Loft
bathrooms
-
square feet
14880 ft²
-
-
Glenn Sharp
Re/Max Ultimate Professionals
20101001
10/01/2010
Studio
-
-
$295,000
bedrooms
Studio
bathrooms
-
$200,000 -32.20%
07/23/2013
Thomas Haeberle
Haeberle & Associates Inc.


Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,232
  • Total Building Area: 7,440
  • Gross Building Area: 7,440
  • Building Area: 7,440
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 7,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: STATES ADD
  • Land Acres: 0000000166
  • Standard Land Use Code: 2000
  • County Land Use Code: 0060
  • Legal Description 1: STATE'S ADD, LT 1 BLK 95 SEC 11-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962700

Geography

  • District: OT
  • Parcel: 21-11-144-011
  • Block: 95
  • Lot: 1
  • Meridian: SEC 11 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3476
  • Longitude: -88.8492

    Address

  • Full Address: 729 Chestnut St
  • Address - House Number: 729
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C001
  • 4-Digit Zip Code: 2732
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $513,470
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: OT002

    Market Valuation

  • Market Total Value: $143,205
  • Market Land Value: $19,176
  • Market Improvement Value: $124,029

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,735
  • Assessed Land Value: $6,392
  • Assessed Improvements Value: $41,343

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-05049
  • Previous Sale Recording Date: Dec 06, 2019
  • Previous Sale Contract Date: Nov 20, 2019
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71

    Last Sale Mortgage

  • First Mortgage Transaction Date:
  • First Mortgage Loan Type:
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Ottawa



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1952 Columbus Street, Ottawa, IL, 61350

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1952 Columbus Street, Ottawa, IL, 61350 Listing by Delores Barrera
Unit for rent at 615 Green Street, Ottawa, IL, 61350

$950 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
615 Green Street #LOWER, Ottawa, IL, 61350 Listing by Shawn Sell
Unit for rent at 611 Webster Street, Ottawa, IL, 61350

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
611 Webster Street #B, Ottawa, IL, 61350 Listing by Irina Allison

Frequently Asked Questions

What neighborhood is 729 Chestnut Street located in?
The 729 Chestnut Street is a commercial located in the neighborhood of Ottawa in Ottawa, Ottawa.
What is the average sales price for listings in 729 Chestnut Street?
The average sales price for units in 729 Chestnut Street is $0 currently.