Check Availability

250 West 24th Place

250 West 24th Place, Chicago, IL 60616
Commercial in Chinatown
250 West 24th Place in Chicago, IL was first built in 1890 and is 134 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. There are a total of 24 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 250 West 24th Place has 4,991 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. The property was last sold in Feb 1, 2019 for $888,000. That's $177.92 per sqft. Prior to that sales transaction, the property was also sold in Jan 26, 2007 for $585,000. 250 West 24th Place was last assessed in 2022. The total value of the property was assessed at $75,638. Specifically, the land the property is located on was valued at $13,750. While improvements on the property were assessed at a total of $61,888. 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 $15,557. 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. 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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181025
10/25/2018
Studio
-
-
$849,000
bedrooms
Studio
bathrooms
-
$888,000 +4.59%
02/06/2019
Melanie Broderick

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 24
  • Bedroom Count: 12
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 6
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 4,991
  • Gross Building Area: 4,991
  • Building Area: 4,991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,991
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARCHERS ADD TO CHICAGO IN NE SEC 28-
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : FENG JOE
  • Current Owner 2: LEE ANGELA
  • Previous Owner : CHAN MARY
  • Previous Owner 2: CHAN OI LIN
  • Owner Before Previous Owner: BERTUCCI FRANK A
  • Owner Before Previous Owner 2: VASTO LUCILLE M

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-28-222-034-0000
  • Block: 7
  • Lot: 49
  • Meridian: SEC 28 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8484
  • Longitude: -87.634

    Address

  • Full Address: 250 W 24th Pl
  • Address - House Number: 250
  • Street Direction: W
  • Address - Street Name: 24th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 2293
  • Zip Code: 60616

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,557
  • Tax Rate Code Area: 76002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: LAKESIDE BANK
  • First Open Lien Mortgage Recording Date: Feb 06, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $480,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2024

    Market Valuation

  • Market Total Value: $756,380
  • Market Land Value: $137,500
  • Market Improvement Value: $618,880

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,638
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $61,888

    Sales

  • Current Sale Contract Date: Feb 01, 2019
  • Current Sale Recording Date: Feb 06, 2019
  • Current Sale Transaction ID: 11568794167
  • Current Sale Price: $888,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1903755215
  • Previous Sale Recording Date: Feb 01, 2007
  • Previous Sale Contract Date: Jan 26, 2007
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKESIDE BANK
  • First Mortgage Transaction Date: Feb 06, 2019
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 01, 2024

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRST AMERICAN BANK
  • Previous Mortgage Transaction Date: Feb 01, 2007
  • Previous Mortgage Loan Amount: $468,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2037

About Southwest Side



Similar Buildings

Commercial at 250 West 24th Place,

337 West 24th Street

  • 1 Unit for Sale
  • 3 Stories
337 West 24th Street, Chicago, IL 60616
Commercial at 250 West 24th Place,

475 West 24th Street

  • 1 Unit for Sale
  • 2 Stories
475 West 24th Street, Chicago, IL 60616
Commercial at 250 West 24th Place,

2541 South Normal Avenue

  • 1 Unit for Sale
  • 3 Stories
2541 South Normal Avenue, Chicago, IL 60616
Commercial at 250 West 24th Place,

2734 South Wentworth Avenue

  • 1 Unit for Sale
2734 South Wentworth Avenue, Chicago, IL 60616
Commercial at 250 West 24th Place,

2543 South Wallace Street

  • 1 Unit for Sale
2543 South Wallace Street, Chicago, IL 60616
Commercial at 250 West 24th Place,

6 East Cermak Road

  • 1 Unit for Sale
6 East Cermak Road, Chicago, IL 60616
Commercial at 250 West 24th Place,

2922 South Wentworth Avenue

  • 1 Unit for Sale
2922 South Wentworth Avenue, Chicago, IL 60616
Commercial at 250 West 24th Place,

1828 South Wentworth Avenue

  • 1 Unit for Sale
1828 South Wentworth Avenue, Chicago, IL 60616
Commercial at 250 West 24th Place,

1823 South Melody Court

  • 1 Unit for Sale
  • 3 Stories
1823 South Melody Court, Chicago, IL 60616

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 250 West 24th Place located in?
The 250 West 24th Place is a commercial located in the neighborhood of Chinatown in Southwest Side, Chicago.
What is the average sales price for listings in 250 West 24th Place?
The average sales price for units in 250 West 24th Place is $849,000 currently.

Quantcast