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226 West Concord Lane

226 West Concord Lane, Chicago, IL 60614
226 West Concord Lane in Chicago, IL was first built in 1926 and is 98 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 5 floors. In total, the area measurement of the land is 10,912 square feet.

Learn more about the property and building on this page. 226 West Concord Lane was last assessed in 2023. The total value of the property was assessed at $762,069. Specifically, the land the property is located on was valued at $545,600. While improvements on the property were assessed at a total of $216,469. 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 $160,621. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,912
  • Total Building Area: 58,500
  • Building Area: 58,500
  • 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: Commercial
  • Subdivision: NORTH ADD
  • Land Acres: 0.251
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: (ASSESSORS) DIVN OF LTS23-25 OF NORTH ADD TO CHGO A S UB OF SW SE SEC 33-40-14

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 080202

Zoning

  • Zoning: PD 89

Geography

  • Assessors Map Reference: 02N-92-02
  • District: 74
  • Parcel: 14-33-422-030-0000
  • Block: 4
  • Lot: 23-25
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9116
  • Longitude: -87.6359

    Address

  • Full Address: 226 W North Ave
  • Address - House Number: 226
  • Street Direction: W
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $160,621
  • Tax Rate Code Area: 74023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,500,000
  • First Open Lien Mortgage Lender: ALLIANZ LIFE INSURANCE COMPANY
  • First Open Lien Mortgage Recording Date: Dec 04, 2014
  • First Open Lien Mortgage Loan Amount: $32,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $3,048,276
  • Market Land Value: $2,182,400
  • Market Improvement Value: $865,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $762,069
  • Assessed Land Value: $545,600
  • Assessed Improvements Value: $216,469

About Central Chicago



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Frequently Asked Questions

What neighborhood is 226 West Concord Lane located in?
The 226 West Concord Lane is a located in the neighborhood of Old Town Triangle in Central Chicago, Chicago.
What is the average sales price for listings in 226 West Concord Lane?
The average sales price for units in 226 West Concord Lane is $0 currently.

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