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256 Chicago Avenue

256 Chicago Avenue, Oak Park, IL 60302
Property in Oak Park
256 Chicago Avenue has been categorized by the local assessors in Oak Park, IL as a commercial type of property. The building on the property was first built in 1917 and is 107 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 3,000 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. The property was last sold in Sep 1, 2017 for $425,000. 256 Chicago Avenue was last assessed in 2023. The total value of the property was assessed at $58,193. Specifically, the land the property is located on was valued at $24,000. While improvements on the property were assessed at a total of $34,193. 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 $18,826. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

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: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • 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: JOHNSTON JRS ADD TO AUSTIN
  • Land Acres: 0.69
  • Standard Land Use Code: Commercial building
  • Legal Description 1: JOHN (JOHNSTON) JRS ADD TO (AUSTIN) SUB OF SH SW SEC 05-39-13

Ownership

  • Current Owner : BROWN CHICAGO INC
  • Previous Owner : CHICAGO TITLE LAND TRUST CO

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812500

Geography

  • District: 27
  • Parcel: 16-05-322-021-0000
  • Block: 8
  • Lot: 3
  • Meridian: SEC 05 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8948
  • Longitude: -87.7828

    Address

  • Full Address: 256 Chicago Ave
  • Address - House Number: 256
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C029
  • 4-Digit Zip Code: 2361
  • Zip Code: 60302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,826
  • Tax Rate Code Area: 27001

    Market Valuation

  • Market Total Value: $232,772
  • Market Land Value: $96,000
  • Market Improvement Value: $136,772

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,193
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $34,193

    Sales

  • Current Sale Contract Date: Sep 01, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Transaction ID: 1733325521
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1725549024

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Oak Park



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Frequently Asked Questions

What neighborhood is 256 Chicago Avenue located in?
The 256 Chicago Avenue is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 256 Chicago Avenue?
The average sales price for units in 256 Chicago Avenue is $0 currently.

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