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2555 North Clark Street

2555 North Clark Street, Chicago, IL 60614
Property in Park West
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The property has no active listings. Please see other similar options below.
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2555 North Clark Street in Chicago, IL was first built in 1988 and is 36 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. There are a total of 19 floors. In total, the area measurement of the land is 25,424 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, 2555 North Clark Street was last sold in Feb 14, 2014 for $39,710,000. Current property owners are expected to pay $350,872 in taxes per year. The property on 2555 North Clark Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,651,662. To break that down further, the land itself was valued at $152,544. While improvements to the property were assessed at a total of $1,499,118. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 19
  • Living Units: 162
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,424
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: WRIGHTWOOD
  • Land Acres: 0.584
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : GATEWAY CHANDLER LLC
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 070102

Zoning

  • Zoning: B1-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-28-318-074-0000
  • Block: 3
  • Lot: 1-4
  • Meridian: SEC 28 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9296
  • Longitude: -87.6422

    Address

  • Full Address: 2555 N Clark St
  • Address - House Number: 2555
  • Street Direction: N
  • Address - Street Name: Clark
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C085
  • 4-Digit Zip Code: 1768
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $350,872
  • Tax Rate Code Area: 73041

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $42,500,000
  • First Open Lien Mortgage Lender: THE NORTHERN TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $42,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $16,516,620
  • Market Land Value: $1,525,440
  • Market Improvement Value: $14,991,180

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,651,662
  • Assessed Land Value: $152,544
  • Assessed Improvements Value: $1,499,118

    Sales

  • Current Sale Contract Date: Feb 14, 2014
  • Current Sale Recording Date: Feb 18, 2014
  • Current Sale Transaction ID: 1177108405
  • Current Sale Price: $39,710,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1404929114

About North Side



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Frequently Asked Questions

What neighborhood is 2555 North Clark Street located in?
The 2555 North Clark Street is a located in the neighborhood of Park West in North Side, Chicago.
What is the average sales price for listings in 2555 North Clark Street?
The average sales price for units in 2555 North Clark Street is $0 currently.

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