Sold Oct 13, 2021
$14,800,000
Buyer
Seller
$10,000,000
by Jpmorgan Chase Bank Na
Mortgage
Sold Sep 18, 2017
$3,200,000
Buyer
Seller
$2,114,000
by First Eagle Bank
Mortgage Due Aug 31, 2018
2841 North Damen Avenue in Chicago, IL was first built in 1981 and is 43 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a unknown style.
In total, the area measurement of the land is 3,125 square feet.
Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2841 North Damen Avenue sold most recently in Sep 17, 2021 for a total of $14,800,000. Before that, the property was also sold for $3,200,000 in Aug 31, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,750 in taxes each year. 2841 North Damen Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,887. If we break it down further, the land itself was valued at $15,625. Improvements to the property, however, were assessed at a total of $85,262. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2841 North Damen Avenue sold most recently in Sep 17, 2021 for a total of $14,800,000. Before that, the property was also sold for $3,200,000 in Aug 31, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $20,750 in taxes each year. 2841 North Damen Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,887. If we break it down further, the land itself was valued at $15,625. Improvements to the property, however, were assessed at a total of $85,262. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.