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1520 East 68th Street

1520 East 68th Street, Chicago, IL 60637
Property in Grand Crossing
Sold Feb 07, 2020
$181,000
$354,528 by Parkside Lending Llc
Mortgage Due Feb 01, 2050
Sold Jul 28, 1994
$127,000
$101,600 by Home Savings Of America
Mortgage Due Jul 10, 2024
Local assessors in Chicago, IL have categorized 1520 East 68th Street as a residential type of property. The home was built in 1912 and is 112 years old. The property's lot size has been calculated to be 3,750 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 300 ft. 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 15 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 3 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 1520 East 68th Street has a total of 4,302 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 masonry 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 tar and gravel. Lots of masonry 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 hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1520 East 68th Street sold most recently in Jan 3, 2020 for a total of $181,000. If you work out the math, that's approximately a cost of $42.07 per sqft. Before that, the property was also sold for $127,000 in Jul 6, 1994. 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 $3,496 in taxes each year. 1520 East 68th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,001. If we break it down further, the land itself was valued at $4,688. Improvements to the property, however, were assessed at a total of $12,313. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 300
  • Total Building Area: 4,302
  • Gross Building Area: 4,302
  • Building Area: 4,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BASS SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (BASS) SUB OF NH NE SE EXCEPT E 256FT THEREOF NH NE S E SEC 23-38-14

Ownership

  • Current Owner : SMITH JESSICA
  • Previous Owner : ORGAIN JAVETTE C
  • Owner Before Previous Owner: WHITE CHARLES O
  • Owner Before Previous Owner 2: WHITE AUBRY J

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 430300

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-23-405-016-0000
  • Block: 2
  • Lot: 19
  • Meridian: SEC 23 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7718
  • Longitude: -87.5878

    Address

  • Full Address: 1520 E 68th St
  • Address - House Number: 1520
  • Street Direction: E
  • Address - Street Name: 68th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C036
  • 4-Digit Zip Code: 6257
  • Zip Code: 60637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,496
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 343,879
  • High Value: 431,746
  • Low Value: 256,011

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $369,171
  • First Open Lien Mortgage Lender: PARKSIDE LENDING LLC
  • First Open Lien Mortgage Recording Date: Feb 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $354,528
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050
  • Second Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • Second Open Lien Mortgage Recording Date: Oct 07, 2021
  • Second Open Lien Mortgage Loan Amount: $14,643
  • Second Open Lien Mortgage Term: 339
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $170,010
  • Market Land Value: $46,880
  • Market Improvement Value: $123,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $12,313

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Feb 07, 2020
  • Current Sale Transaction ID: 11723760578
  • Current Sale Price: $181,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2003855144
  • Previous Sale Recording Date: Jul 28, 1994
  • Previous Sale Contract Date: Jul 06, 1994
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: Feb 07, 2020
  • First Mortgage Loan Amount: $354,528
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOME SAVINGS OF AMERICA
  • Previous Mortgage Transaction Date: Jul 28, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $101,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 10, 2024

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Frequently Asked Questions

What neighborhood is 1520 East 68th Street located in?
The 1520 East 68th Street is a located in the neighborhood of Grand Crossing in Far South Chicago, Chicago.
What is the average sales price for listings in 1520 East 68th Street?
The average sales price for units in 1520 East 68th Street is $0 currently.

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