1542 North Wieland Street

1542 North Wieland Street has been categorized by the local assessors in Chicago, IL as a vacant type of property. The building on the property was first built in 1971 and is 53 years old. The area measurement of the land has been determined as 2,825 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 Dec 3, 2014 for $8,750,000. 1542 North Wieland Street was last assessed in 2023. The total value of the property was assessed at $31,417. Specifically, the land the property is located on was valued at $31,075. While improvements on the property were assessed at a total of $342. 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 $6,462. The initial tax year of delinquency was in 2021. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.