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111 West Wacker Drive

111 West Wacker Drive, Chicago, IL 60601
Property in The Loop
Sold Jan 15, 2015
Transfer
Sold Jul 27, 2011
$26,000,000
111 West Wacker Drive has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 2006 and is 18 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 12,084 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. Before that, the property was also sold for $26,000,000 in Jul 27, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,490,795 in taxes each year. 111 West Wacker Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $7,248,049. If we break it down further, the land itself was valued at $725,040. Improvements to the property, however, were assessed at a total of $6,523,009. 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. 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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Living Units: 409
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,084
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL TOWN OF CHICAGO
  • Land Acres: 0.277
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (ORIGINAL) TOWN OF (CHICAGO) IN SE & SW SEC 09-39-14

Ownership

  • Current Owner : HART 111 WEST WACKER LLC
  • Previous Owner : 111 WEST WACKER PARTNES LLC
  • Owner Before Previous Owner: CLARK WACKER LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 839100

Zoning

  • Zoning: PD 841

Geography

  • Assessors Map Reference: 01S-5-02
  • District: 76
  • Parcel: 17-09-419-002-0000
  • Block: 18
  • Lot: 2
  • Meridian: SEC 09 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8865
  • Longitude: -87.6316

    Address

  • Full Address: 111 W Wacker Dr
  • Address - House Number: 111
  • Street Direction: W
  • Address - Street Name: Wacker
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Carrier Code: C027
  • 4-Digit Zip Code: 1606
  • Zip Code: 60601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,490,795
  • Tax Rate Code Area: 76015

    Market Valuation

  • Market Total Value: $72,480,490
  • Market Land Value: $7,250,400
  • Market Improvement Value: $65,230,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,248,049
  • Assessed Land Value: $725,040
  • Assessed Improvements Value: $6,523,009

    Sales

  • Current Sale Contract Date: Jan 09, 2015
  • Current Sale Recording Date: Jan 15, 2015
  • Current Sale Transaction ID: 1133226521
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1501522065
  • Previous Sale Recording Date: Jul 27, 2011
  • Previous Sale Contract Date: Jul 27, 2011
  • Previous Sale Amount: $26,000,000
  • Previous Sale Document Type: Special Warranty Deed

About Central Chicago



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Frequently Asked Questions

What neighborhood is 111 West Wacker Drive located in?
The 111 West Wacker Drive is a located in the neighborhood of The Loop in Central Chicago, Chicago.
What is the average sales price for listings in 111 West Wacker Drive?
The average sales price for units in 111 West Wacker Drive is $0 currently.

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