1613 South Michigan Avenue

1613 South Michigan 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 1946 and is 78 years old. The area measurement of the land has been determined as 32,245 square feet.

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 Jul 14, 2005 for $712,000. 1613 South Michigan Avenue was last assessed in 2022. The total value of the property was assessed at $201,291. Specifically, the land the property is located on was valued at $37,646. While improvements on the property were assessed at a total of $163,645. 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 $41,531. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.