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2624 West 51st Street

2624 West 51st Street, Chicago, IL 60632
Land in Gage Park
2624 West 51st Street has been categorized by the local assessors in Chicago, IL as a commercial type of property. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 4,183 square feet.

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 May 13, 2022 for $59,000. Prior to that sales transaction, the property was also sold in Mar 25, 2022 for $20,205. 2624 West 51st Street was last assessed in 2022. The total value of the property was assessed at $10,402. Specifically, the land the property is located on was valued at $9,412. While improvements on the property were assessed at a total of $990. 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 $2,139. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,183
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 330
  • 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: KERFOOT & COS 51ST
  • Land Acres: 0.96
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: W D (KERFOOT) & COS (51ST) ST ADD SUB OF EX N 133 FT SW NE SEC 12-38-13

Ownership

  • Current Owner : MARIOS LANDSCAPING MAINTENANCE INC
  • Previous Owner : LAIN III VA & NORMA
  • Owner Before Previous Owner: LAIN NANETTE M
  • Owner Before Previous Owner 2: THE ESTATE OF VAN VECHTEN LAIN II
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580400

Zoning

  • Zoning: C1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-12-220-031-0000
  • Block: 1
  • Lot: 16
  • Meridian: SEC 12 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8013
  • Longitude: -87.6902

    Address

  • Full Address: 2624 W 51st St
  • Address - House Number: 2624
  • Street Direction: W
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,139
  • Tax Rate Code Area: 72001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $29,000
  • First Open Lien Mortgage Lender: LAIN VAN
  • First Open Lien Mortgage Recording Date: May 20, 2022
  • First Open Lien Mortgage Loan Amount: $29,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Jun 30, 2024

    Market Valuation

  • Market Total Value: $41,608
  • Market Land Value: $37,648
  • Market Improvement Value: $3,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,402
  • Assessed Land Value: $9,412
  • Assessed Improvements Value: $990

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Transaction ID: 11905291672
  • Current Sale Price: $59,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20172
  • Previous Sale Recording Date: Apr 04, 2022
  • Previous Sale Contract Date: Mar 25, 2022
  • Previous Sale Amount: $20,205
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAIN VAN
  • First Mortgage Transaction Date: May 20, 2022
  • First Mortgage Loan Amount: $29,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Jun 30, 2024

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Frequently Asked Questions

What neighborhood is 2624 West 51st Street located in?
The 2624 West 51st Street is a land located in the neighborhood of Gage Park in Southwest Side, Chicago.
What is the average sales price for listings in 2624 West 51st Street?
The average sales price for units in 2624 West 51st Street is $0 currently.

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