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940 South Wesley Avenue

940 South Wesley Avenue, Oak Park, IL 60304
Property in Oak Park
Sold Jul 26, 2021
$370,000
$366,874 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2052
940 South Wesley Avenue in Oak Park, IL was first built in 1918 and is 106 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 bungalow 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 is only one bathroom. There are 2 partial bathrooms. 940 South Wesley Avenue has 1,645 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 4,158 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 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 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 hot water 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, 940 South Wesley Avenue was last sold in Jul 12, 2021 for $370,000. According to our calculations, that's $224.92 per sqft. Current property owners are expected to pay $12,813 in taxes per year. The property on 940 South Wesley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,000. To break that down further, the land itself was valued at $5,821. While improvements to the property were assessed at a total of $31,179. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,158
  • Total Building Area: 1,645
  • Gross Building Area: 1,645
  • Building Area: 1,645
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,645
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SWIGARTS
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH15 FT LOT24 BLK3 LOT5 & W33 FT LOT6 S18 T39N R13E 3P

Ownership

  • Current Owner : LAGUARDIA NOOLA
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 813200

Geography

  • District: 27
  • Parcel: 16-18-404-012-0000
  • Block: 3
  • Lot: 24
  • Meridian: SEC 18 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.871
  • Longitude: -87.7924

    Address

  • Full Address: 940 S Euclid Ave
  • Address - House Number: 940
  • Street Direction: S
  • Address - Street Name: Euclid
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C075
  • 4-Digit Zip Code: 2067
  • Zip Code: 60304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,813
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 475,559
  • High Value: 584,149
  • Low Value: 366,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,874
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 08, 2022
  • First Open Lien Mortgage Loan Amount: $366,874
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $58,210
  • Market Improvement Value: $311,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $5,821
  • Assessed Improvements Value: $31,179

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11845288740
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2120712350

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $357,651
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Oak Park



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Frequently Asked Questions

What neighborhood is 940 South Wesley Avenue located in?
The 940 South Wesley Avenue is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 940 South Wesley Avenue?
The average sales price for units in 940 South Wesley Avenue is $0 currently.

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