1383 North Milwaukee Avenue

1383 North Milwaukee 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 1938 and is 86 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,040 ft and across the front of the lot is 240 ft. The area measurement of the land has been determined as 2,400 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. 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, 1383 North Milwaukee Avenue was last sold in Oct 18, 2023 for $1,000,000. According to our calculations, that's $500.00 per sqft. Prior to that sales transaction, the property was sold for $215,000 in Oct 29, 1996. Current property owners are expected to pay $18,003 in taxes per year. The property on 1383 North Milwaukee Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $85,130. To break that down further, the land itself was valued at $12,000. While improvements to the property were assessed at a total of $73,130. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!