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2701 West 59th Street

2701 West 59th Street, Chicago, IL 60629
Commercial in Chicago Lawn
2701 West 59th Street in Chicago, IL was first built in 1923 and is 101 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 2 floors. The linear feet across the front of the lot is 310 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,901 square feet.

Learn more about the property and building on this page. The property was last sold in Jul 6, 2011 for $49,000. That's $23.33 per sqft. Prior to that sales transaction, the property was also sold in Sep 14, 2005 for $155,000. 2701 West 59th Street was last assessed in 2023. The total value of the property was assessed at $59,252. Specifically, the land the property is located on was valued at $3,511. While improvements on the property were assessed at a total of $55,741. 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 $12,952. The initial tax year of delinquency was in 2021. 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. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210528
05/28/2021
Loft
-
-
$340,000
bedrooms
Loft
bathrooms
-
-
-
-
Tania Castrejon
Keller Williams Innovate

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,901
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 310
  • Total Building Area: 2,100
  • Building Area: 2,100
  • 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: 63RD STREET & CALIFORNIA AVE S
  • Land Acres: 0.9
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: L1 XW2FT B3 63RD STREET & CALIFORNI A AVE SUBD W1/2 SE1/4 S13 T38N R1 3E

Ownership

  • Current Owner : ALCARAZ VILMER
  • Current Owner 2: ALCARAZ LAURA A
  • Previous Owner : MCELREE MICHAEL A
  • Previous Owner 2: MCELREE ADELINE
  • Owner Before Previous Owner: FIFTH THIRD BANK
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 835000

Zoning

  • Zoning: B3-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-13-401-010-0000
  • Block: 3
  • Lot: 1
  • Meridian: SEC 13 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7862
  • Longitude: -87.6913

    Address

  • Full Address: 2701 W 59th St
  • Address - House Number: 2701
  • Street Direction: W
  • Address - Street Name: 59th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C067
  • 4-Digit Zip Code: 1507
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,952
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 72175

    Market Valuation

  • Market Total Value: $592,520
  • Market Land Value: $35,110
  • Market Improvement Value: $557,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,252
  • Assessed Land Value: $3,511
  • Assessed Improvements Value: $55,741

    Sales

  • Current Sale Contract Date: Jul 06, 2011
  • Current Sale Recording Date: Jul 15, 2011
  • Current Sale Transaction ID: 1145261851
  • Current Sale Price: $49,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1119633126
  • Previous Sale Recording Date: Oct 25, 2005
  • Previous Sale Contract Date: Sep 14, 2005
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Quit Claim Deed

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE WASHINGTON SAVINGS BANK
  • Previous Mortgage Transaction Date: Oct 25, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 17
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2007

About South Side



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Frequently Asked Questions

What neighborhood is 2701 West 59th Street located in?
The 2701 West 59th Street is a commercial located in the neighborhood of Chicago Lawn in South Side, Chicago.
What is the average sales price for listings in 2701 West 59th Street?
The average sales price for units in 2701 West 59th Street is $0 currently.

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