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731 West Briar Place

731 West Briar Place, Chicago, IL 60657
Sold May 01, 2018
$1,575,000
Sold Nov 04, 2016
$1,040,000
$780,000 by Forest Park National Bank & Tr
Mortgage Due Oct 25, 2017
731 West Briar Place is a condo located in Lake View East, Chicago. The building was first built in 1906 and is 118 years old. In total, 731 West Briar Place has a total floor area of 5,417 square feet. 731 West Briar Place has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 252 days and tend to sell below the original asking price of $525,000 by 10.48%. Meaning, listings tend to sell at a median of $339 price per square foot. The transaction that took the longest to complete was unit 3, listed on Feb 04, 2020 for $525,000. This particular unit ultimately sold 252 days later for $470,000. The most recent transaction was for unit 3, which was first advertised on Feb 04, 2020, sold for $470,000 on Oct 13, 2020. Fun fact, the oldest transaction we have on record took place on Oct 13, 2020. See the full transaction history for 731 West Briar Place below.

Lake View East, where 731 West Briar Place is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $525,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,266
  • Total Building Area: 5,417
  • Gross Building Area: 5,417
  • Building Area: 5,417
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,417
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK GROVE ADDITION
  • Land Acres: 0.075
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : SUPERA JESSICA
  • Previous Owner : ILLINOIS RELIANCE PROPERTIES LLC SERIES
  • Owner Before Previous Owner: ILLINOIS RELIANCE PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 063100

Zoning

  • Zoning: RM-5

Geography

  • District: 73
  • Parcel: 14-28-107-102-0000
  • Municipality: LAKE VIEW
  • Latitude: 41.9376
  • Longitude: -87.648

    Address

  • Full Address: 731 W Barry Ave
  • Address - House Number: 731
  • Street Direction: W
  • Address - Street Name: Barry
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 6313
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,934
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 903,800
  • High Value: 1,134,738
  • Low Value: 672,861

    Market Valuation

  • Market Total Value: $1,309,490
  • Market Land Value: $489,900
  • Market Improvement Value: $819,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,949
  • Assessed Land Value: $48,990
  • Assessed Improvements Value: $81,959

    Sales

  • Current Sale Contract Date: Mar 25, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Transaction ID: 11456832478
  • Current Sale Price: $1,575,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1812101039
  • Previous Sale Recording Date: Nov 04, 2016
  • Previous Sale Contract Date: Oct 25, 2016
  • Previous Sale Amount: $1,040,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 01, 2018
  • First Mortgage Loan Amount: $871,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FOREST PARK NATIONAL BANK & TR
  • Previous Mortgage Transaction Date: Nov 04, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $780,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 25, 2017

About North Side



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Frequently Asked Questions

What neighborhood is 731 West Briar Place located in?
The 731 West Briar Place is a condo located in the neighborhood of Lake View East in North Side, Chicago.
What is the average sales price for listings in 731 West Briar Place?
The average sales price for units in 731 West Briar Place is $525,000 , or $339/sqft. currently.

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