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24 West Erie Street

24 West Erie Street, Chicago, IL 60654
Property in Near North Side
1 Units For Sale
Unit for sale at 24 W Erie Street, Chicago, IL 60654

$1,070,000

  • 3 Beds
  • 3.5 Baths
  • 2,618 ft²
24 W Erie Street #4N, Chicago, IL 60654 Listing by Beth Spicer-Brookbank

24 West Erie Street in Chicago, IL was first built in 1997 and is 27 years old. This has been categorized as a unknown property type. There are a total of 27 floors. In total, the area measurement of the land is 4,251 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, 24 West Erie Street sold most recently in Feb 24, 2009 for a total of $5,800,000. Before that, the property was also sold for $170,000 in Jan 2, 2002. 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 $87,735 in taxes each year. 24 West Erie Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $426,560. If we break it down further, the land itself was valued at $108,082. Improvements to the property, however, were assessed at a total of $318,478. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230601 Unit 4N
06/01/2023
4N
3 Bed
3.5 Bath
2618 ft²
$1,300,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2618 ft²
-
-
-
Nellie Coleman
Keller Williams Success Realty

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 27
  • Living Units: 250
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,251
  • 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: unknown
  • Subdivision: 630 NORTH STATE PKWY CONDO
  • Land Acres: 0.98

Ownership

  • Current Owner : QUARTINO PROPERTY 626 N STATE LLC
  • Previous Owner : TRIAD INVESTORS LLC
  • Owner Before Previous Owner: VAHDANI ABBAS

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 081800

Zoning

  • Zoning: DX-12

Geography

  • Assessors Map Reference: 1NW-24-01
  • District: 74
  • Parcel: 17-09-227-025-0000
  • Lot: 1,2
  • Meridian: SEC 09 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.8935
  • Longitude: -87.6285

    Address

  • Full Address: 24 W Ontario St
  • Address - House Number: 24
  • Street Direction: W
  • Address - Street Name: Ontario
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60654

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $87,735
  • Tax Rate Code Area: 74004

    Market Valuation

  • Market Total Value: $1,706,240
  • Market Land Value: $432,328
  • Market Improvement Value: $1,273,912

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,560
  • Assessed Land Value: $108,082
  • Assessed Improvements Value: $318,478

    Sales

  • Current Sale Contract Date: Feb 24, 2009
  • Current Sale Recording Date: Mar 05, 2009
  • Current Sale Transaction ID: 1133200505
  • Current Sale Price: $5,800,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 0906433010
  • Previous Sale Recording Date: Jan 17, 2002
  • Previous Sale Contract Date: Jan 02, 2002
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 05, 2009
  • First Mortgage Loan Amount: $5,700,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Feb 11, 2014

    Previous Mortgages

  • Previous Mortgage Lender: CHICAGO UNITED MTG INC
  • Previous Mortgage Transaction Date: Jan 17, 2002
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2032

About Central Chicago



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Frequently Asked Questions

What neighborhood is 24 West Erie Street located in?
The 24 West Erie Street is a located in the neighborhood of Near North Side in Central Chicago, Chicago.
How many listings are currently for sale in 24 West Erie Street?
There is one unit for sale right now.
What is the average sales price for listings in 24 West Erie Street?
The average sales price for units in 24 West Erie Street is $1,070,000 , or $409/sqft. currently.

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