2501 West Chicago Avenue

2501 West Chicago Avenue 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 1904 and is 120 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 3,075 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2501 West Chicago Avenue was last sold in Nov 15, 2023 for $1,000,000. According to our calculations, that's $312.50 per sqft. Prior to that sales transaction, the property was sold for $885,000 in Feb 28, 2008. Current property owners are expected to pay $19,715 in taxes per year. The property on 2501 West Chicago Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $95,852. To break that down further, the land itself was valued at $15,375. While improvements to the property were assessed at a total of $80,477. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.