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1616 North Bosworth Avenue

1616 North Bosworth Avenue, Chicago, IL 60642
Property in Bucktown
Sold May 29, 2003
$549,000
$439,200 by Citibank Fsb
Mortgage Due Apr 01, 2033
1616 North Bosworth Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1892 and is 132 years old. The home has a total of 16 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1616 North Bosworth Avenue has 3,326 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 1,200 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,000 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. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. 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, 1616 North Bosworth Avenue sold most recently in Mar 28, 2003 for a total of $549,000. If you work out the math, that's approximately a cost of $165.06 per sqft. 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 $21,802 in taxes each year. 1616 North Bosworth Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $106,000. If we break it down further, the land itself was valued at $21,000. Improvements to the property, however, were assessed at a total of $85,000. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 26
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,326
  • Gross Building Area: 3,326
  • Building Area: 3,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHICAGO DISTILLERY
  • Land Acres: 0.069
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CHICAGO) (DISTILLERY) COS SUB OF BLK19 IN SHEFFIELDS ADD TO CHICAGO SUB OF SECS29,31,33 & SEC 32-40-14

Ownership

  • Current Owner : KLEMM KURT L
  • Current Owner 2: MENNINGER KLEMM ERIN
  • Previous Owner : PENN JOHN
  • Previous Owner 2: PENN NICOLE

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 842300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 14-32-312-033-0000
  • Block: 19
  • Lot: 43
  • Meridian: SEC 32 TWN 40N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9112
  • Longitude: -87.6669

    Address

  • Full Address: 1616 N Bosworth Ave
  • Address - House Number: 1616
  • Street Direction: N
  • Address - Street Name: Bosworth
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 1434
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,802
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 1,259,811
  • High Value: 1,449,961
  • Low Value: 1,069,660

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,200
  • First Open Lien Mortgage Lender: CITIBANK FSB
  • First Open Lien Mortgage Recording Date: May 29, 2003
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $439,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2033

    Market Valuation

  • Market Total Value: $1,060,000
  • Market Land Value: $210,000
  • Market Improvement Value: $850,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,000
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $85,000

    Sales

  • Current Sale Contract Date: Mar 28, 2003
  • Current Sale Recording Date: May 29, 2003
  • Current Sale Transaction ID: 1083599738
  • Current Sale Price: $549,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0314944015

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK FSB
  • First Mortgage Transaction Date: May 29, 2003
  • First Mortgage Loan Amount: $439,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Apr 01, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1616 North Bosworth Avenue located in?
The 1616 North Bosworth Avenue is a located in the neighborhood of Bucktown in Northwest Side, Chicago.
What is the average sales price for listings in 1616 North Bosworth Avenue?
The average sales price for units in 1616 North Bosworth Avenue is $0 currently.

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