Check Availability

7958 West Belmont Avenue

7958 West Belmont Avenue, Chicago, IL 60634
Commercial in Belmont Heights
Sold Sep 09, 2021
$765,000
$235,000 by Small Business Growth Corporat
Mortgage
Sold Jul 18, 2019
$650,000
$422,500 by Old Plank Trail Community Bank
Mortgage
7958 West Belmont 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 1950 and is 74 years old. The home has a total of 20 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 8 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7958 West Belmont Avenue has 7,567 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 3,585 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 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 C by the local assessor. The roof of the building is made of tar and gravel. 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. The property was last sold in Aug 31, 2021 for $765,000. That's $101.10 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2019 for $650,000. 7958 West Belmont Avenue was last assessed in 2023. The total value of the property was assessed at $28,135. Specifically, the land the property is located on was valued at $7,170. While improvements on the property were assessed at a total of $20,965. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,787. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 20
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 6
  • Partial Bathrooms: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 6
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,585
  • Total Building Area: 7,567
  • Gross Building Area: 7,567
  • Building Area: 7,567
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 7,567
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN J RUTHERFORDS 04 ADD/MO
  • Land Acres: 0.082
  • Standard Land Use Code: Misc Residential improvement

Ownership

  • Current Owner : DO NGOCANH THI
  • Current Owner 2: TON SON TRUNG
  • Previous Owner : 7958 W BELMONT AVE LLC
  • Owner Before Previous Owner: MARCO PROPERTIES LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 170700

Zoning

  • Zoning: B3-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 12-24-324-026-0000
  • Block: 7
  • Lot: 22,23
  • Meridian: SEC 24 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.938
  • Longitude: -87.8261

    Address

  • Full Address: 7958 W Belmont Ave
  • Address - House Number: 7958
  • Street Direction: W
  • Address - Street Name: Belmont
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 2942
  • Zip Code: 60634

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,787
  • Tax Rate Code Area: 71001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: SMALL BUSINESS GROWTH CORPORAT
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $235,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $281,350
  • Market Land Value: $71,700
  • Market Improvement Value: $209,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,135
  • Assessed Land Value: $7,170
  • Assessed Improvements Value: $20,965

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11855405856
  • Current Sale Price: $765,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2125206301
  • Previous Sale Recording Date: Jul 18, 2019
  • Previous Sale Contract Date: Jun 28, 2019
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST BANK NA
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $306,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: OLD PLANK TRAIL COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jul 18, 2019
  • Previous Mortgage Loan Amount: $422,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7460 W Belmont Avenue, Chicago, IL, 60634

$15 /mo

  • Studio
7460 W Belmont Avenue, Chicago, IL, 60634 Listing by Ronald Ohr
Unit for rent at 7441 W Belmont Avenue, Chicago, IL, 60634

$1,750 /mo

  • 3 Beds
  • 1.5 Baths
  • 950 ft²
7441 W Belmont Avenue, Chicago, IL, 60634 Listing by Neal Ratner
Unit for rent at 1713 N 72nd Court, Elmwood Park, IL, 60707

$2,700 /mo

  • 3 Beds
  • 3 Baths
  • 1,560 ft²
1713 N 72nd Court, Elmwood Park, IL, 60707 Listing by Mimi Luna
Unit for rent at 2227 N 73rd Avenue, Elmwood Park, IL, 60707

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,704 ft²
2227 N 73rd Avenue, Elmwood Park, IL, 60707 Listing by Gloria Espinosa
Unit for rent at 1805 N 74th Avenue, Elmwood Park, IL, 60707

$2,350 /mo

  • 3 Beds
  • 1.5 Baths
1805 N 74th Avenue, Elmwood Park, IL, 60707 Listing by Lisa Graziani-Divito
Unit for rent at 4151 N Oriole Avenue, Norridge, IL, 60706

$2,485 /mo

  • 3 Beds
  • 2.5 Baths
4151 N Oriole Avenue, Norridge, IL, 60706 Listing by Emilio Bartucci
Unit for rent at 2447 N 78th Avenue, Elmwood Park, IL, 60707

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
2447 N 78th Avenue, Elmwood Park, IL, 60707 Listing by Ramiro Solis

Frequently Asked Questions

What neighborhood is 7958 West Belmont Avenue located in?
The 7958 West Belmont Avenue is a commercial located in the neighborhood of Belmont Heights in Northwest Side, Chicago.
What is the average sales price for listings in 7958 West Belmont Avenue?
The average sales price for units in 7958 West Belmont Avenue is $0 currently.

Quantcast