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238 South Peoria Street

238 South Peoria Street, Chicago, IL 60607
Property in Near West Side
238 South Peoria Street has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 1988 and is 36 years old. The area measurement of the land has been determined as 2,753 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 238 South Peoria Street sold most recently in Sep 30, 2016 for a total of $3,310,000. 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 $2,890 in taxes each year. 238 South Peoria Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,276. If we break it down further, the land itself was valued at $13,765. Improvements to the property, however, were assessed at a total of $511. 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. 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!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: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,753
  • 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: DUNCANS ADD
  • Land Acres: 0.63
  • Standard Land Use Code: Miscellaneous (general)

Ownership

  • Current Owner : VPEORIAPARK II LLC
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 833100

Zoning

  • Zoning: DX-3

Geography

  • District: 77
  • Parcel: 17-17-220-017-0000
  • Block: 13
  • Lot: 6,7
  • Meridian: SEC 17 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8782
  • Longitude: -87.6499

    Address

  • Full Address: 238 S Peoria St
  • Address - House Number: 238
  • Street Direction: S
  • Address - Street Name: Peoria
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,890
  • Tax Rate Code Area: 77100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 204,577
  • High Value: 241,755
  • Low Value: 167,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,500,000
  • First Open Lien Mortgage Lender: FIRST SECURE BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Jun 03, 2022
  • First Open Lien Mortgage Loan Amount: $3,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $142,760
  • Market Land Value: $137,650
  • Market Improvement Value: $5,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,276
  • Assessed Land Value: $13,765
  • Assessed Improvements Value: $511

    Sales

  • Current Sale Contract Date: Sep 30, 2016
  • Current Sale Recording Date: Oct 03, 2016
  • Current Sale Transaction ID: 1800415617
  • Current Sale Price: $3,310,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1627719081

    Last Sale Mortgage

  • First Mortgage Lender: NW LOAN LLC
  • First Mortgage Transaction Date: Oct 03, 2016
  • First Mortgage Loan Amount: $2,500,000
  • First Mortgage Terms: 7
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 30, 2017

About West Side



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Frequently Asked Questions

What neighborhood is 238 South Peoria Street located in?
The 238 South Peoria Street is a located in the neighborhood of Near West Side in West Side, Chicago.
What is the average sales price for listings in 238 South Peoria Street?
The average sales price for units in 238 South Peoria Street is $0 currently.

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