2501 South Spaulding Avenue
2501 South Spaulding Avenue, Chicago, IL 60623
Property
in
Little Village
2501 South Spaulding Avenue in Chicago, IL was first built in 1909 and is 115 years old.
This has been categorized as a commercial property type.
For those interested in architecture, the building on the property was built in a unknown style.
It is a single story home.
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, 2501 South Spaulding Avenue sold most recently in Nov 12, 1999 for a total of $90,000. If you work out the math, that's approximately a cost of $50.00 per sqft. 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 $11,309 in taxes each year. The initial year of tax delinquency occurred in 2021. 2501 South Spaulding Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,567. If we break it down further, the land itself was valued at $8,203. Improvements to the property, however, were assessed at a total of $44,364. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.
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, 2501 South Spaulding Avenue sold most recently in Nov 12, 1999 for a total of $90,000. If you work out the math, that's approximately a cost of $50.00 per sqft. 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 $11,309 in taxes each year. The initial year of tax delinquency occurred in 2021. 2501 South Spaulding Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,567. If we break it down further, the land itself was valued at $8,203. Improvements to the property, however, were assessed at a total of $44,364. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.
2501 South Spaulding Avenue, Chicago, IL 60623
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
