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547 North Monticello Avenue

547 North Monticello Avenue, Chicago, IL 60624
Sold Sep 07, 2017
$60,000
$57,000 by Stearns Bank Na
Mortgage Due Sep 01, 2047
547 North Monticello Avenue in Chicago, IL was first built in 1900 and is 124 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 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 547 North Monticello Avenue has 1,302 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. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,172 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. 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 air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 547 North Monticello Avenue was last sold in Aug 31, 2017 for $60,000. According to our calculations, that's $46.08 per sqft. Current property owners are expected to pay $1,645 in taxes per year. The property on 547 North Monticello Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,848. To break that down further, the land itself was valued at $3,727. While improvements to the property were assessed at a total of $5,121. 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. 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.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: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • 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: 3,172
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,302
  • Gross Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LULLS & BARNARDS
  • Land Acres: 0.073
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (LULLS) & (BARNARDS) SUB OF BLK9 IN W J MORTONS SUB O F EH NW SEC 11-39-13

Ownership

  • Current Owner : MARTINEZ ALBERTO
  • Previous Owner : CHICAGO REO INVESTMENT GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 231500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-11-125-005-0000
  • Block: 9
  • Lot: 24
  • Meridian: SEC 11 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8914
  • Longitude: -87.7171

    Address

  • Full Address: 547 N Monticello Ave
  • Address - House Number: 547
  • Street Direction: N
  • Address - Street Name: Monticello
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 1259
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,645
  • Tax Rate Code Area: 77052

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 303,816
  • High Value: 381,446
  • Low Value: 226,185

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,000
  • First Open Lien Mortgage Lender: STEARNS BANK NA
  • First Open Lien Mortgage Recording Date: Sep 07, 2017
  • First Open Lien Mortgage Loan Amount: $57,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $88,480
  • Market Land Value: $37,270
  • Market Improvement Value: $51,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,848
  • Assessed Land Value: $3,727
  • Assessed Improvements Value: $5,121

    Sales

  • Current Sale Contract Date: Aug 31, 2017
  • Current Sale Recording Date: Sep 07, 2017
  • Current Sale Transaction ID: 1733231822
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1725057100

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS BANK NA
  • First Mortgage Transaction Date: Sep 07, 2017
  • First Mortgage Loan Amount: $57,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About West Side



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Frequently Asked Questions

What neighborhood is 547 North Monticello Avenue located in?
The 547 North Monticello Avenue is a house located in the neighborhood of East Garfield Park in West Side, Chicago.
What is the average sales price for listings in 547 North Monticello Avenue?
The average sales price for units in 547 North Monticello Avenue is $58,900 , or $45/sqft. currently.

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