2342 West Adams Street

Local assessors in Chicago, IL have categorized 2342 West Adams Street as a residential type of property. The property's lot size has been calculated to be 12,720 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style.

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, 2342 West Adams Street sold most recently in Sep 22, 2023 for a total of $470,000. Before that, the property was also sold for $230,000 in Sep 15, 2023. 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 $126,221 in taxes each year. 2342 West Adams Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $611,582. If we break it down further, the land itself was valued at $76,320. Improvements to the property, however, were assessed at a total of $535,262. 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. 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.