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851 North Ashland Avenue

851 North Ashland Avenue, Chicago, IL 60642
Commercial in Noble Square
851 North Ashland Avenue in Chicago, IL was first built in 1893 and is 131 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 3 floors. There are a total of 10 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 851 North Ashland Avenue has 3,479 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 1,417 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. 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 masonry 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 masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Jul 29, 2022 for $760,000. That's $218.45 per sqft. Prior to that sales transaction, the property was also sold in Feb 19, 2019 for $620,000. 851 North Ashland Avenue was last assessed in 2023. The total value of the property was assessed at $65,000. Specifically, the land the property is located on was valued at $8,502. While improvements on the property were assessed at a total of $56,498. 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 $13,921. The initial tax year of delinquency was in 2021. 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. 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190416
04/16/2019
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • 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: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,417
  • Total Building Area: 3,479
  • Gross Building Area: 3,479
  • Building Area: 3,479
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,479
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAGEMAN AND SOHOENEMANNS SUBDIVISION
  • Land Acres: 0.033
  • Standard Land Use Code: Misc Residential improvement

Ownership

  • Current Owner : MJDB PROPERTIES LLC
  • Previous Owner : 851 N ASHLAND LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242000

Zoning

  • Zoning: B1-2

Geography

  • Assessors Map Reference: Sep 03, 2006
  • District: 77
  • Parcel: 17-05-321-025-0000
  • Meridian: SEC 05 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8976
  • Longitude: -87.667

    Address

  • Full Address: 851 N Ashland Ave
  • Address - House Number: 851
  • Street Direction: N
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C063
  • 4-Digit Zip Code: 6046
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,921
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: MCNB BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 10, 2022
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 05, 2027

    Market Valuation

  • Market Total Value: $650,000
  • Market Land Value: $85,020
  • Market Improvement Value: $564,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,000
  • Assessed Land Value: $8,502
  • Assessed Improvements Value: $56,498

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Transaction ID: 11905357330
  • Current Sale Price: $760,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41034
  • Previous Sale Recording Date: Feb 22, 2019
  • Previous Sale Contract Date: Feb 19, 2019
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MCNB BANK AND TRUST CO
  • First Mortgage Transaction Date: Aug 10, 2022
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 05, 2027

    Previous Mortgages

  • Previous Mortgage Lender: LAKESIDE BANK
  • Previous Mortgage Transaction Date: Feb 22, 2019
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $435,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 19, 2024

About Northwest Side



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Frequently Asked Questions

What neighborhood is 851 North Ashland Avenue located in?
The 851 North Ashland Avenue is a commercial located in the neighborhood of Noble Square in Northwest Side, Chicago.
What is the average sales price for listings in 851 North Ashland Avenue?
The average sales price for units in 851 North Ashland Avenue is $0 currently.

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