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742 North Ridgeway Avenue

742 North Ridgeway Avenue, Chicago, IL 60624
Sold Dec 15, 2020
$138,000
Sold Mar 16, 2006
$60,000
742 North Ridgeway Avenue in Chicago, IL was first built in 1915 and is 109 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 unknown style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 742 North Ridgeway Avenue has 748 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 3,023 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. 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. The property was last sold in Nov 16, 2020 for $138,000. That's $184.49 per sqft. Prior to that sales transaction, the property was also sold in Mar 3, 2006 for $60,000. 742 North Ridgeway Avenue was last assessed in 2023. The total value of the property was assessed at $12,000. Specifically, the land the property is located on was valued at $3,552. While improvements on the property were assessed at a total of $8,448. 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 $2,468. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,023
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 748
  • Gross Building Area: 748
  • Building Area: 748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 748
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DAYS SUB/BL 04
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : QUIJADA JIMMY S MELENDEZ
  • Previous Owner : BOATRIGHT MONTY S
  • Previous Owner 2: 2006 RIDGEWAY TRUST
  • Owner Before Previous Owner: LONG BEACH MORTGAGE CO
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

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: 16-11-104-016-0000
  • Lot: 48
  • Meridian: SEC 11 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8949
  • Longitude: -87.7204

    Address

  • Full Address: 742 N Ridgeway Ave
  • Address - House Number: 742
  • Street Direction: N
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 1276
  • Zip Code: 60624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,468
  • Tax Rate Code Area: 77052

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 213,561
  • High Value: 270,171
  • Low Value: 156,951

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $35,520
  • Market Improvement Value: $84,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $3,552
  • Assessed Improvements Value: $8,448

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11807559920
  • Current Sale Price: $138,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2035013426
  • Previous Sale Recording Date: Mar 16, 2006
  • Previous Sale Contract Date: Mar 03, 2006
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $133,860
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About West Side



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Frequently Asked Questions

What neighborhood is 742 North Ridgeway Avenue located in?
The 742 North Ridgeway 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 742 North Ridgeway Avenue?
The average sales price for units in 742 North Ridgeway Avenue is $0 currently.

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