Check Availability

2534 West Division Street

2534 West Division Street, Chicago, IL 60622
Commercial in Humboldt Park
2534 West Division Street in Chicago, IL was first built in 1964 and is 60 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. 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, 2534 West Division Street was last sold in Oct 26, 2022 for $465,000. According to our calculations, that's $516.67 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Feb 18, 2015. Current property owners are expected to pay $7,338 in taxes per year. The property on 2534 West Division Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $35,677. To break that down further, the land itself was valued at $14,258. While improvements to the property were assessed at a total of $21,419. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211207
12/07/2021
Loft
-
950 ft²
$549,000
bedrooms
Loft
bathrooms
-
square feet
950 ft²
$465,000 -15.30%
11/21/2022
-
Alberto Gonzalez
Exit Strategy Realty

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: JACO BSONS SUB
  • Land Acres: 0.72
  • Standard Land Use Code: Commercial building
  • Legal Description 1: (RESUBDIVISION) OF SOUTH PT BLKS5-8 IN WINSLOW & JACO BSONS SUB OF SE NE SEC 01-39-13

Ownership

  • Current Owner : PUERTO RICAN CULTURAL CENTER
  • Previous Owner : DIVISION ONE LLC
  • Owner Before Previous Owner: DIVISION II LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241100

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-01-226-047-0000
  • Block: 5-8
  • Lot: 19
  • Meridian: SEC 01 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9033
  • Longitude: -87.6909

    Address

  • Full Address: 2534 W Division St
  • Address - House Number: 2534
  • Street Direction: W
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C067
  • 4-Digit Zip Code: 2806
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,338
  • Tax Rate Code Area: 77050

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: BELMONT BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Feb 09, 2024
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 06, 2029

    Market Valuation

  • Market Total Value: $142,708
  • Market Land Value: $57,032
  • Market Improvement Value: $85,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,677
  • Assessed Land Value: $14,258
  • Assessed Improvements Value: $21,419

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Nov 21, 2022
  • Current Sale Transaction ID: 11898887994
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13370
  • Previous Sale Recording Date: Mar 13, 2015
  • Previous Sale Contract Date: Feb 18, 2015
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELMONT BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Nov 21, 2022
  • First Mortgage Loan Amount: $348,750
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 10, 2027

About Northwest Side



Similar Buildings

Commercial at 2534 West Division Street,

2512 West Thomas Street

  • 1 Unit for Sale
  • 2 Stories
2512 West Thomas Street, Chicago, IL 60622
Commercial at 2534 West Division Street,

1111 North Western Avenue

  • 1 Unit for Sale
1111 North Western Avenue, Chicago, IL 60622
Commercial at 2534 West Division Street,

1225 North California Avenue

  • 1 Unit for Sale
1225 North California Avenue, Chicago, IL 60622
Commercial at 2534 West Division Street,

2714 West Cortez Street

  • 2 Units for Sale
  • 3 Stories
2714 West Cortez Street, Chicago, IL 60622
Commercial at 2534 West Division Street,

1006 North Western Avenue

  • 1 Unit for Sale
  • 2 Stories
1006 North Western Avenue, Chicago, IL 60622
Commercial at 2534 West Division Street,

1346 North Claremont Avenue

  • 1 Unit for Sale
  • 2 Stories
1346 North Claremont Avenue, Chicago, IL 60622
Commercial at 2534 West Division Street,

2651 West Augusta Boulevard

  • 1 Unit for Sale
  • 2 Stories
2651 West Augusta Boulevard, Chicago, IL 60622
Commercial at 2534 West Division Street,

1426 North Western Avenue

  • 1 Unit for Sale
1426 North Western Avenue, Chicago, IL 60622
Commercial at 2534 West Division Street,

1458 North Campbell Avenue

  • 1 Unit for Sale
  • 2 Stories
1458 North Campbell Avenue, Chicago, IL 60622

Nearby Rentals

Unit for rent at 3016 W Walnut Street, Chicago, IL, 60612

$975 /mo

  • 1 Bed
  • 1 Bath
  • 400 ft²
3016 W Walnut Street #1, Chicago, IL, 60612 Listing by Trisha Parker
Unit for rent at 1742 North Humboldt Boulevard, CHICAGO, IL, 60647

$1,095 /mo

  • Studio
  • 1 Bath
1742 North Humboldt Boulevard #309, CHICAGO, IL, 60647 Listing by Funsho Macaulay
Unit for rent at 2100 Blk Of Spaulding Ave., Chicago, IL, 60647

$1,025 /mo

  • 1 Bed
  • 1 Bath
2100 Blk Of Spaulding Ave., Chicago, IL, 60647 Listing by Manager
Unit for rent at 1627 N. Humboldt Boulevard, Unit G-9, Chicago, IL, 60647

$1,145 /mo

  • Studio
  • 1 Bath
  • 341 ft²
1627 N. Humboldt Boulevard #Fantastic Humboldt Park Studio, 1 Bath (45 per month), Unit G-9, Chicago, IL, 60647 Listing by City Flats Chicago

Frequently Asked Questions

What neighborhood is 2534 West Division Street located in?
The 2534 West Division Street is a commercial located in the neighborhood of Humboldt Park in Northwest Side, Chicago.
What is the average sales price for listings in 2534 West Division Street?
The average sales price for units in 2534 West Division Street is $527,000 , or $555/sqft. currently.

Quantcast