2461 North Lincoln Avenue

Local assessors in Chicago, IL have categorized 2461 North Lincoln Avenue as a commercial type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 6,000 square feet.

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. The property was last sold in Oct 16, 2017 for $360,000. Prior to that sales transaction, the property was also sold in Jan 31, 2006 for $380,000. 2461 North Lincoln Avenue was last assessed in 2023. The total value of the property was assessed at $53,307. Specifically, the land the property is located on was valued at $3,870. While improvements on the property were assessed at a total of $49,437. 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 $11,370. 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.