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1510 West Chestnut Street

1510 West Chestnut Street, Chicago, IL 60642
Property in Noble Square
Sold Jul 06, 2015
$560,000
$440,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2045
Sold May 07, 2003
$270,000
$340,000 by Lakeside Bank
Mortgage Due Oct 09, 2004
Local assessors in Chicago, IL have categorized 1510 West Chestnut Street as a residential type of property. The home was built in 1880 and is 144 years old. The property's lot size has been calculated to be 3,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1510 West Chestnut Street has a total of 2,272 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 2, 2015 for $560,000. That's $246.48 per sqft. Prior to that sales transaction, the property was also sold in Apr 9, 2003 for $270,000. 1510 West Chestnut Street was last assessed in 2022. The total value of the property was assessed at $61,266. Specifically, the land the property is located on was valued at $19,200. While improvements on the property were assessed at a total of $42,066. 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 $11,898. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 2,272
  • Gross Building Area: 2,272
  • Building Area: 2,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AVERILLS SUB
  • Land Acres: 0.074
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: J (AVERILLS) SUB OF SH BLK21 IN CANAL TRUSTEES SUB, E X SE NW &EX NE SW, OF WH SEC 05-39-14

Ownership

  • Current Owner : ZHANG LIANG
  • Previous Owner : ANKIN HOWARD
  • Previous Owner 2: ANKIN TRACY R
  • Owner Before Previous Owner: SEDANO PEDRO
  • Owner Before Previous Owner 2: SEDANO PATRICIA

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Sep 02, 2006
  • District: 77
  • Parcel: 17-05-319-070-0000
  • Block: 21
  • Lot: 36
  • Meridian: SEC 05 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8981
  • Longitude: -87.6654

    Address

  • Full Address: 1510 W Chestnut St
  • Address - House Number: 1510
  • Street Direction: W
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C026
  • 4-Digit Zip Code: 5547
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,898
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 06, 2015
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Market Valuation

  • Market Total Value: $612,660
  • Market Land Value: $192,000
  • Market Improvement Value: $420,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,266
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $42,066

    Sales

  • Current Sale Contract Date: Jun 02, 2015
  • Current Sale Recording Date: Jul 06, 2015
  • Current Sale Transaction ID: 1222902010
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1518717146
  • Previous Sale Recording Date: May 07, 2003
  • Previous Sale Contract Date: Apr 09, 2003
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 06, 2015
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: LAKESIDE BANK
  • Previous Mortgage Transaction Date: May 07, 2003
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 16
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 09, 2004

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Frequently Asked Questions

What neighborhood is 1510 West Chestnut Street located in?
The 1510 West Chestnut Street is a located in the neighborhood of Noble Square in Northwest Side, Chicago.
What is the average sales price for listings in 1510 West Chestnut Street?
The average sales price for units in 1510 West Chestnut Street is $0 currently.

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