2359 South Albany Avenue

2359 South Albany Avenue in Chicago, IL was first built in 1928 and is 96 years old. This has been categorized as a residential property type. There are a total of 2 floors. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. 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, 2359 South Albany Avenue sold most recently in Jul 8, 2021 for a total of $370,000. Before that, the property was also sold for $95,000 in Mar 5, 2019. 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 $800 in taxes each year. 2359 South Albany Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,891. If we break it down further, the land itself was valued at $3,672. Improvements to the property, however, were assessed at a total of $219. 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.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.