2625 East 83rd Street

Local assessors in Chicago, IL have categorized 2625 East 83rd Street as a commercial type of property. The home was built in 1938 and is 86 years old. The property's lot size has been calculated to be 5,847 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $10,611 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2625 East 83rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $51,593. To break that down further, the land itself was valued at $13,156. While improvements to the property were assessed at a total of $38,437. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.