Check Availability

500 West Roscoe Street

500 West Roscoe Street, Chicago, IL 60657
Property in Lake View East
Refi Feb 09, 2024
Transfer
Owner
$5,000,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2054
500 West Roscoe Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The building has a total of 5 stories. The area measurement of the land has been determined as 18,426 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. 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 $124,508 in taxes per year. The property on 500 West Roscoe Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $605,340. To break that down further, the land itself was valued at $92,130. While improvements to the property were assessed at a total of $513,210. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 5
  • Living Units: 71
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,426
  • 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: Residential
  • Subdivision: LAKE SHORE SUB
  • Land Acres: 0.423
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062100

Zoning

  • Zoning: RM-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-21-312-043-0000
  • Lot: 3
  • Meridian: SEC 21 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9413
  • Longitude: -87.6421

    Address

  • Full Address: 500 W Melrose St
  • Address - House Number: 500
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $124,508
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 3,234,878
  • High Value: 4,061,452
  • Low Value: 2,408,303

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 09, 2024
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $6,053,400
  • Market Land Value: $921,300
  • Market Improvement Value: $5,132,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $605,340
  • Assessed Land Value: $92,130
  • Assessed Improvements Value: $513,210

About North Side



Similar Buildings

Property at 500 West Roscoe Street,

525 West Hawthorne Place

  • 1 Unit for Sale
525 West Hawthorne Place, Chicago, IL 60657
Property at 500 West Roscoe Street,

508 West Melrose Street

  • 1 Unit for Sale
  • 4 Stories
508 West Melrose Street, Chicago, IL 60657
Property at 500 West Roscoe Street,

609 West Stratford Place

  • 1 Unit for Sale
609 West Stratford Place, Chicago, IL 60657
Property at 500 West Roscoe Street,

3500 North Lake Shore Drive

  • 1 Unit for Sale
  • 4 Stories
3500 North Lake Shore Drive, Chicago, IL 60657
Property at 500 West Roscoe Street,

444 West Belmont Avenue

  • 1 Unit for Sale
  • 4 Stories
444 West Belmont Avenue, Chicago, IL 60657
Property at 500 West Roscoe Street,

524 West Cornelia Avenue

  • 1 Unit for Sale
524 West Cornelia Avenue, Chicago, IL 60657
Property at 500 West Roscoe Street,

3530 North Lake Shore Drive

  • 4 Units for Sale
  • 2 Stories
3530 North Lake Shore Drive, Chicago, IL 60657
Property at 500 West Roscoe Street,

3520 North Lake Shore Drive

  • 1 Unit for Sale
  • 2 Stories
3520 North Lake Shore Drive, Chicago, IL 60657
Property at 500 West Roscoe Street,

3550 North Lake Shore Drive

  • 1 Unit for Sale
  • 2 Stories
3550 North Lake Shore Drive, Chicago, IL 60657

Nearby Rentals

Unit for rent at 963 W Montana Street, Chicago, IL, 60614

$2,600 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
963 W Montana Street #1R, Chicago, IL, 60614 Listing by Michael Scanlon
Unit for rent at 1462 West Irving Park Road, CHICAGO, IL, 60613

$2,585 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
1462 West Irving Park Road #1, CHICAGO, IL, 60613 Listing by Joshua Berngard
Unit for rent at 1455 W Henderson Street, Chicago, IL, 60657

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
1455 W Henderson Street #3, Chicago, IL, 60657 Listing by Matthew Harris
Unit for rent at 1507 W Henderson Street, Chicago, IL, 60657

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
1507 W Henderson Street #1, Chicago, IL, 60657 Listing by Stephen Missirlian
Unit for rent at 2500 N Lakeview Avenue, Chicago, IL, 60614

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
2500 N Lakeview Avenue #1503, Chicago, IL, 60614 Listing by Matt Laricy
Unit for rent at 1660 N La Salle Drive, Chicago, IL, 60614

$2,600 /mo

  • 1 Bed
  • 1 Bath
1660 N La Salle Drive #1808, Chicago, IL, 60614 Listing by Stephen Missirlian
Unit for rent at 3660 N Lake Shore Drive, Chicago, IL, 60643

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 775 ft²
3660 N Lake Shore Drive #4507, Chicago, IL, 60643 Listing by Mark Ahmad

Frequently Asked Questions

What neighborhood is 500 West Roscoe Street located in?
The 500 West Roscoe Street is a located in the neighborhood of Lake View East in North Side, Chicago.
What is the average sales price for listings in 500 West Roscoe Street?
The average sales price for units in 500 West Roscoe Street is $0 currently.

Quantcast