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1141 West Randolph Street

1141 West Randolph Street, Chicago, IL 60607
Commercial in West Town
2 Units For Sale
Unit for sale at 1141 W Randolph Street, Chicago, IL 60607

$3,250,000

  • Commercial
  • 4,875 ft²
1141 W Randolph Street, Chicago, IL 60607 Listing by Ronald Ohr

Unit for sale at 1141 W Randolph Street, Chicago, IL 60607

$2,900,000

  • Commercial
  • 4,875 ft²
1141 W Randolph Street, Chicago, IL 60607 Listing by Ronald Ohr

1141 West Randolph Street in Chicago, IL was first built in 1875 and is 149 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. In total, the area measurement of the land is 1,625 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1141 West Randolph Street was last sold in Mar 26, 2019 for $1,680,000. Prior to that sales transaction, the property was sold for $565,000 in Aug 16, 2004. Current property owners are expected to pay $37,446 in taxes per year. The property on 1141 West Randolph Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $251,985. To break that down further, the land itself was valued at $14,219. While improvements to the property were assessed at a total of $237,766. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220729
07/29/2022
Loft
-
4875 ft²
$3,400,000
bedrooms
Loft
bathrooms
-
square feet
4875 ft²
-
-
-
Ronald Ohr
Avenue 1 Realty Group

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,625
  • 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: Commercial
  • Subdivision: CARPENTERS ADD
  • Land Acres: 0.37
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: (SUBDIVISION) OF BLKS44-45 IN CARPENTERS ADD TO CHICA GO SUB IN SE SEC 08-39-14

Ownership

  • Current Owner : 1141 W RANDOLPH LLC
  • Previous Owner : STURNER BARRY
  • Previous Owner 2: HOCHBERG DAVID
  • Owner Before Previous Owner: FREJ DAVID
  • Owner Before Previous Owner 2: FREJ NANCY

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 833000

Zoning

  • Zoning: DX-3

Geography

  • Assessors Map Reference: 006-111-01
  • District: 77
  • Parcel: 17-08-435-005-0000
  • Block: 44,45
  • Lot: 29
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.884
  • Longitude: -87.656

    Address

  • Full Address: 1141 W Randolph St
  • Address - House Number: 1141
  • Street Direction: W
  • Address - Street Name: Randolph
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 1620
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,446
  • Tax Rate Code Area: 77106

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: PAN AMERICAN BANK & TRUST
  • First Open Lien Mortgage Recording Date: Apr 07, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 03, 2025

    Market Valuation

  • Market Total Value: $1,007,940
  • Market Land Value: $56,876
  • Market Improvement Value: $951,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,985
  • Assessed Land Value: $14,219
  • Assessed Improvements Value: $237,766

    Sales

  • Current Sale Contract Date: Mar 26, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Transaction ID: 11594264723
  • Current Sale Price: $1,680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1908846114
  • Previous Sale Recording Date: Sep 03, 2004
  • Previous Sale Contract Date: Aug 16, 2004
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTYVILLE BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 29, 2019
  • First Mortgage Loan Amount: $985,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK OF OAK PARK RIV
  • Previous Mortgage Transaction Date: Sep 03, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $452,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 01, 2005

About West Side



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Frequently Asked Questions

What neighborhood is 1141 West Randolph Street located in?
The 1141 West Randolph Street is a commercial located in the neighborhood of West Town in West Side, Chicago.
How many listings are currently for sale in 1141 West Randolph Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 1141 West Randolph Street?
The average sales price for units in 1141 West Randolph Street is $3,075,000 , or $631/sqft. currently.

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