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32 West Randolph Street

32 West Randolph Street, Chicago, IL 60601
Property in The Loop
32 West Randolph Street has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 1911 and is 113 years old. The building has a total of 23 stories. The area measurement of the land has been determined as 27,883 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a high-rise 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. 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, 32 West Randolph Street sold most recently in Mar 24, 2014 for a total of $120,000. If you work out the math, that's approximately a cost of $0.43 per sqft. 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 $549,116 in taxes each year. 32 West Randolph Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,669,729. If we break it down further, the land itself was valued at $462,579. Improvements to the property, however, were assessed at a total of $2,207,150. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: High-rise
  • Floor Count: 23
  • Business/Commerical Units Count: 36
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,883
  • Total Building Area: 278,700
  • Building Area: 278,700
  • 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: ASSESSORS DIVN OF LTS5-6,8 IN BLK36 OF
  • Land Acres: 0.64
  • Standard Land Use Code: Motel
  • Legal Description 1: (ASSESSORS) DIVN OF LTS5-6,8 IN BLK36 OF ORIGINAL TOW N OF CHICAGO IN THE SE & SW SEC 09-39-14

Ownership

  • Current Owner : INTEGRATED 32 WEST RANDOLPH LLC
  • Previous Owner : 32 WEST RANDOLPH STREET LIMITED PARTNERS
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 839100

Zoning

  • Zoning: DX-16

Geography

  • Assessors Map Reference: 01S-17-01
  • District: 76
  • Parcel: 17-09-439-019-0000
  • Block: 36
  • Lot: 5,6
  • Meridian: SEC 09 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8849
  • Longitude: -87.6289

    Address

  • Full Address: 32 W Randolph St
  • Address - House Number: 32
  • Street Direction: W
  • Address - Street Name: Randolph
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C032
  • 4-Digit Zip Code: 3501
  • Zip Code: 60601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $549,116
  • Tax Rate Code Area: 76015

    Market Valuation

  • Market Total Value: $10,678,916
  • Market Land Value: $1,850,316
  • Market Improvement Value: $8,828,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,669,729
  • Assessed Land Value: $462,579
  • Assessed Improvements Value: $2,207,150

    Sales

  • Current Sale Contract Date: Mar 24, 2014
  • Current Sale Recording Date: Apr 08, 2014
  • Current Sale Transaction ID: 1177346662
  • Current Sale Price: $120,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1409816051

    Last Sale Mortgage

  • First Mortgage Lender: COLE TAYLOR BANK
  • First Mortgage Transaction Date: Apr 08, 2014
  • First Mortgage Loan Amount: $5,400,000
  • First Mortgage Loan Type: Commercial

About Central Chicago



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Frequently Asked Questions

What neighborhood is 32 West Randolph Street located in?
The 32 West Randolph Street is a located in the neighborhood of The Loop in Central Chicago, Chicago.
What is the average sales price for listings in 32 West Randolph Street?
The average sales price for units in 32 West Randolph Street is $0 currently.

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