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9613 Nevada Avenue

9613 Nevada Avenue, Franklin Park, IL 60131
Property in Franklin Park
1 Units For Sale
Unit for sale at 9613-9615 NEVADA Avenue, Franklin Park, IL 60131

$1,195,000

  • Commercial
9613-9615 NEVADA Avenue, Franklin Park, IL 60131 Listing by Edward Hall

9613 Nevada Avenue has been categorized by the local assessors in Franklin Park, IL as a residential type of property. The building on the property was first built in 1962 and is 62 years old. The home has a total of 12 bedrooms. In addition, 9613 Nevada Avenue has 6,120 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,970 ft and across the front of the lot is 570 ft. The area measurement of the land has been determined as 17,078 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 9613 Nevada Avenue sold most recently in Jul 17, 2023 for a total of $1,000,000. If you work out the math, that's approximately a cost of $163.40 per sqft. Before that, the property was also sold for $715,000 in Nov 26, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $27,102 in taxes each year. 9613 Nevada Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $86,400. If we break it down further, the land itself was valued at $23,909. Improvements to the property, however, were assessed at a total of $62,491. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220525
05/25/2022
Loft
-
-
$1,195,000
bedrooms
Loft
bathrooms
-
-
-
-
Edward Hall
Baird & Warner

Building Info

Overview

    General

  • Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 12
  • Building Style: Multifamily
  • Living Units: 6
  • Business/Commerical Units Count: 18
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,078
  • Lot Size Depth Feet: 2,970
  • Lot Size Frontage Feet: 570
  • Total Building Area: 6,120
  • Gross Building Area: 6,120
  • Building Area: 6,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMITH & ASSOCIATES
  • Land Acres: 0.392
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LESLIE J (SMITH) & (ASSOCIATES) RESUB OF PT NAPLES SU B OF SE SEC 28-40-12

Ownership

  • Current Owner : ALVAREZ JOSE JUAN
  • Previous Owner : NEVADA APTS LLC
  • Owner Before Previous Owner: JOSEPH LEO K
  • Owner Before Previous Owner 2: JOSEPH JESSY K

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811402

Geography

  • District: 20
  • Parcel: 12-28-430-010-0000
  • Lot: 76
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9247
  • Longitude: -87.8658

    Address

  • Full Address: 9613 Nevada Ave
  • Address - House Number: 9613
  • Address - Street Name: Nevada
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 3348
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,102
  • Tax Rate Code Area: 20028

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,135,887
  • High Value: 1,426,128
  • Low Value: 845,645

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $975,000
  • First Open Lien Mortgage Lender: GRAND RIDGE NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 08, 2023
  • First Open Lien Mortgage Loan Amount: $975,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $864,000
  • Market Land Value: $239,090
  • Market Improvement Value: $624,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,400
  • Assessed Land Value: $23,909
  • Assessed Improvements Value: $62,491

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Transaction ID: 11910859488
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 29090
  • Previous Sale Recording Date: Jan 05, 2017
  • Previous Sale Contract Date: Nov 26, 2016
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GRAND RIDGE NATIONAL BANK
  • First Mortgage Transaction Date: Aug 08, 2023
  • First Mortgage Loan Amount: $975,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BANKFINANCIAL NATIONAL ASSOCIA
  • Previous Mortgage Transaction Date: Jan 05, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $445,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Franklin Park



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Frequently Asked Questions

What neighborhood is 9613 Nevada Avenue located in?
The 9613 Nevada Avenue is a located in the neighborhood of Franklin Park in Franklin Park, Franklin Park.
How many listings are currently for sale in 9613 Nevada Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 9613 Nevada Avenue?
The average sales price for units in 9613 Nevada Avenue is $1,195,000 currently.

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