1006 North Western Avenue

1006 North Western Avenue 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 1894 and is 130 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 1,080 ft and across the front of the lot is 240 ft. The area measurement of the land has been determined as 2,592 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. 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, 1006 North Western Avenue sold most recently in Jul 12, 1996 for a total of $290,000. If you work out the math, that's approximately a cost of $145.00 per sqft. Before that, the property was also sold for $150,000 in Apr 10, 1995. 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 $26,255 in taxes each year. The initial year of tax delinquency occurred in 2021. 1006 North Western Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,647. If we break it down further, the land itself was valued at $12,960. Improvements to the property, however, were assessed at a total of $114,687. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.