1400 West Monroe Street

Local assessors in Chicago, IL have categorized 1400 West Monroe Street as a unknown type of property. The home was built in 1931 and is 93 years old. The property's lot size has been calculated to be 15,642 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1400 West Monroe Street has a total of 19,055 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - unknown. Lots of unknown were used in the construction of the exterior walls of the home. 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, 1400 West Monroe Street sold most recently in Nov 21, 2022 for a total of $1,099,000. If you work out the math, that's approximately a cost of $57.68 per sqft. Before that, the property was also sold for $1,325,000 in Apr 15, 2022. 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 $219,680 in taxes each year. 1400 West Monroe Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,064,427. If we break it down further, the land itself was valued at $78,210. Improvements to the property, however, were assessed at a total of $986,217. 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. 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.