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850 North Latrobe Avenue

850 North Latrobe Avenue, Chicago, IL 60651
Multifamily in South Austin
Sold May 13, 2021
$422,000
$414,356 by Neighborhood Loans
Mortgage Due May 01, 2051
Sold May 22, 2018
$127,000
850 North Latrobe Avenue in Chicago, IL was first built in 1910 and is 114 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 850 North Latrobe Avenue has 2,682 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 4,347 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 is one available parking space. 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 frame 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 wood. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 850 North Latrobe Avenue was last sold in Apr 16, 2021 for $422,000. According to our calculations, that's $157.35 per sqft. Prior to that sales transaction, the property was sold for $127,000 in Mar 19, 2018. Current property owners are expected to pay $4,113 in taxes per year. The property on 850 North Latrobe Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,000. To break that down further, the land itself was valued at $4,130. While improvements to the property were assessed at a total of $15,870. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,347
  • Total Building Area: 2,682
  • Gross Building Area: 2,682
  • Building Area: 2,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,682
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF EH SE SW SEC 04-39-13
  • Land Acres: 0.1
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF EH SE SW SEC 04-39-13

Ownership

  • Current Owner : ORDAZ DAVID
  • Current Owner 2: CEBALLOS JUANA
  • Previous Owner : FINIGAN LLC
  • Owner Before Previous Owner: NATIONSTAR MORTGAGE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 251200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-04-330-019-0000
  • Block: 3,3
  • Lot: 3,4
  • Meridian: SEC 04 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8964
  • Longitude: -87.7572

    Address

  • Full Address: 850 N Latrobe Ave
  • Address - House Number: 850
  • Street Direction: N
  • Address - Street Name: Latrobe
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C035
  • 4-Digit Zip Code: 2911
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,113
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $414,356
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $414,356
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $41,300
  • Market Improvement Value: $158,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,130
  • Assessed Improvements Value: $15,870

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11835285442
  • Current Sale Price: $422,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2113307305
  • Previous Sale Recording Date: May 22, 2018
  • Previous Sale Contract Date: Mar 19, 2018
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $414,356
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 850 North Latrobe Avenue located in?
The 850 North Latrobe Avenue is a multifamily located in the neighborhood of South Austin in Northwest Side, Chicago.
What is the average sales price for listings in 850 North Latrobe Avenue?
The average sales price for units in 850 North Latrobe Avenue is $0 currently.

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