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165 East Ontario Street

165 East Ontario Street, Chicago, IL 60611
Property in Magnificent Mile
Local assessors in Chicago, IL have categorized 165 East Ontario Street as a commercial type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 13,594 square feet.

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. 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, 165 East Ontario Street sold most recently in Jun 5, 2006 for a total of $30,491,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $60,839 in taxes each year. 165 East Ontario Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $295,791. If we break it down further, the land itself was valued at $32,524. Improvements to the property, however, were assessed at a total of $263,267. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,594
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MAG MILE COURT VERTICAL
  • Land Acres: 0.312
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : RLJ II C CHICAGO MAG MILE LLC
  • Previous Owner : MAG MILE COURT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 081403

Zoning

  • Zoning: PD 745

Geography

  • District: 74
  • Parcel: 17-10-118-012-0000
  • Lot: 1-5
  • Municipality: NORTH CHICAGO
  • Latitude: 41.8931
  • Longitude: -87.6231

    Address

  • Full Address: 165 E Ontario St
  • Address - House Number: 165
  • Street Direction: E
  • Address - Street Name: Ontario
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 2822
  • Zip Code: 60611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $60,839
  • Tax Rate Code Area: 74004

    Market Valuation

  • Market Total Value: $1,183,164
  • Market Land Value: $130,096
  • Market Improvement Value: $1,053,068

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,791
  • Assessed Land Value: $32,524
  • Assessed Improvements Value: $263,267

    Sales

  • Current Sale Contract Date: Jun 05, 2006
  • Current Sale Recording Date: Aug 17, 2006
  • Current Sale Transaction ID: 1084068497
  • Current Sale Price: $30,491,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 0622916070

About Central Chicago



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Frequently Asked Questions

What neighborhood is 165 East Ontario Street located in?
The 165 East Ontario Street is a located in the neighborhood of Magnificent Mile in Central Chicago, Chicago.
What is the average sales price for listings in 165 East Ontario Street?
The average sales price for units in 165 East Ontario Street is $0 currently.

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