1056 West 87th Street

1056 West 87th Street has been categorized by the local assessors in Chicago, IL as a unknown type of property. The building on the property was first built in 1955 and is 69 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 6,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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, 1056 West 87th Street sold most recently in Jan 6, 2006 for a total of $165,000. If you work out the math, that's approximately a cost of $275.00 per sqft. Before that, the property was also sold for $65,000 in Apr 9, 2001. 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 $4,812 in taxes each year. 1056 West 87th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,396. If we break it down further, the land itself was valued at $14,063. Improvements to the property, however, were assessed at a total of $9,333. 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.