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1440 West Lake Street

1440 West Lake Street, Chicago, IL 60607
Property in Fulton Market
1440 West Lake Street has been categorized by the local assessors in Chicago, IL as a industrial type of property. The building on the property was first built in 1924 and is 100 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 1,000 ft and across the front of the lot is 630 ft. 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 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. The property was last sold in Feb 9, 2016 for $1,177,000. That's $199.49 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 1997 for $140,000. 1440 West Lake Street was last assessed in 2023. The total value of the property was assessed at $250,483. Specifically, the land the property is located on was valued at $16,406. While improvements on the property were assessed at a total of $234,077. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $51,695. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 630
  • Total Building Area: 5,900
  • Building Area: 5,900
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: UNION PARK SECOND ADD TO CHICAGO
  • Land Acres: 0.143
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: (UNION) PARK (SECOND) ADD TO (CHICAGO) IN SEC 08-39-14

Ownership

  • Current Owner : 1438-1440 LAKE ST LLC
  • Previous Owner : 1438-40 W LAKE ST INC
  • Owner Before Previous Owner: CASTRO GABRIEL
  • Owner Before Previous Owner 2: CASTRO ELENA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: PMD-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-317-009-0000
  • Block: 10
  • Lot: 16-18
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8856
  • Longitude: -87.664

    Address

  • Full Address: 1440 W Lake St
  • Address - House Number: 1440
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C017
  • 4-Digit Zip Code: 1410
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $51,695
  • Tax Rate Code Area: 77106

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,729
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 10, 2016
  • First Open Lien Mortgage Loan Amount: $94,729
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2046

    Market Valuation

  • Market Total Value: $1,001,932
  • Market Land Value: $65,624
  • Market Improvement Value: $936,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,483
  • Assessed Land Value: $16,406
  • Assessed Improvements Value: $234,077

    Sales

  • Current Sale Contract Date: Feb 09, 2016
  • Current Sale Recording Date: Feb 10, 2016
  • Current Sale Transaction ID: 1432288176
  • Current Sale Price: $1,177,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1604118008
  • Previous Sale Recording Date: Nov 21, 1997
  • Previous Sale Contract Date: Oct 31, 1997
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Feb 10, 2016
  • First Mortgage Loan Amount: $94,729
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK OF OAK PARK
  • Previous Mortgage Transaction Date: Nov 21, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About West Side



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Frequently Asked Questions

What neighborhood is 1440 West Lake Street located in?
The 1440 West Lake Street is a located in the neighborhood of Fulton Market in West Side, Chicago.
What is the average sales price for listings in 1440 West Lake Street?
The average sales price for units in 1440 West Lake Street is $0 currently.

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