Check Availability

1014 West 63rd Street

1014 West 63rd Street, Chicago, IL 60621
Property in Englewood
1014 West 63rd Street has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 1962 and is 62 years old. The building has a total of 4 stories. The area measurement of the land has been determined as 9,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 1014 West 63rd Street was last sold in Sep 7, 2018 for $645,000. According to our calculations, that's $16.04 per sqft. Prior to that sales transaction, the property was sold for $600,000 in Sep 22, 2003. Current property owners are expected to pay $5,933 in taxes per year. The property on 1014 West 63rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,798. To break that down further, the land itself was valued at $20,250. While improvements to the property were assessed at a total of $27,548. 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. 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!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 4
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 40,200
  • Building Area: 40,200
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: BIRKHOFFS
  • Land Acres: 0.207
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : T63 DEVELOPMENT LLC
  • Previous Owner : 1000 W 63RD STREET BUILDING LLC
  • Owner Before Previous Owner: 1000 WEST LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 680600

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-17-427-036-0000
  • Block: 1
  • Lot: 19-27
  • Meridian: SEC 17 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7799
  • Longitude: -87.6504

    Address

  • Full Address: 1014 W 63rd St
  • Address - House Number: 1014
  • Street Direction: W
  • Address - Street Name: 63rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 1314
  • Zip Code: 60621

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,933
  • Tax Rate Code Area: 72082

    Market Valuation

  • Market Total Value: $191,192
  • Market Land Value: $81,000
  • Market Improvement Value: $110,192

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,798
  • Assessed Land Value: $20,250
  • Assessed Improvements Value: $27,548

    Sales

  • Current Sale Contract Date: Sep 07, 2018
  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Transaction ID: 11507872196
  • Current Sale Price: $645,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1826446000
  • Previous Sale Recording Date: Nov 04, 2003
  • Previous Sale Contract Date: Sep 22, 2003
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1000 WEST 63RD STREET BUILDING
  • First Mortgage Transaction Date: Sep 21, 2018
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SHOREBANK
  • Previous Mortgage Transaction Date: Nov 04, 2003
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $510,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2023

About South Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1154-56 E. 56th Street, Chicago, IL

$2,999 /mo

  • 3 Beds
  • 2 Baths
  • 1,010 ft²
1154-56 E. 56th Street, Chicago, IL

Frequently Asked Questions

What neighborhood is 1014 West 63rd Street located in?
The 1014 West 63rd Street is a located in the neighborhood of Englewood in South Side, Chicago.
What is the average sales price for listings in 1014 West 63rd Street?
The average sales price for units in 1014 West 63rd Street is $0 currently.

Quantcast