1845 West Grand Avenue

Local assessors in Chicago, IL have categorized 1845 West Grand Avenue as a commercial type of property. The property's lot size has been calculated to be 4,544 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, 1845 West Grand Avenue sold most recently in May 2, 2016 for a total of $110,000. Before that, the property was also sold for $380,000 in Sep 26, 2008. 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 $7,062 in taxes each year. 1845 West Grand Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,336. If we break it down further, the land itself was valued at $2,054. Improvements to the property, however, were assessed at a total of $32,282. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!