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5240 North Kenmore Avenue

5240 North Kenmore Avenue, Chicago, IL 60640
Property in Edgewater Beach
Sold Aug 02, 2012
$1,800,000
$5,500,000 by Libertyville Bank & Trust Co
Mortgage
Sold Apr 29, 1999
$1,055,000
$942,000 by American National Bk&tr Co Of
Mortgage Due Apr 01, 2019
5240 North Kenmore Avenue in Chicago, IL was first built in 1929 and is 95 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. There are a total of 3 floors. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. The property was last sold in Jul 18, 2012 for $1,800,000. Prior to that sales transaction, the property was also sold in Apr 14, 1999 for $1,055,000. 5240 North Kenmore Avenue was last assessed in 2023. The total value of the property was assessed at $604,632. Specifically, the land the property is located on was valued at $34,500. While improvements on the property were assessed at a total of $570,132. 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 $91,812. 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. 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.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 20
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • 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: COCHRANS SUB
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: JOHN LEWIS (COCHRANS) SUB A SUB OF WH NE SEC 08-40-14

Ownership

  • Current Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Current Owner 2: TRUST #98-134
  • Previous Owner : CHICAGO TITLE LAND TRUST COMPANY
  • Owner Before Previous Owner: FIRSTAR BANK ILLINOIS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 030703

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: 17N-71-04
  • District: 73
  • Parcel: 14-08-210-011-0000
  • Block: 10
  • Lot: 4
  • Meridian: SEC 08 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9776
  • Longitude: -87.6582

    Address

  • Full Address: 5240 N Winthrop Ave
  • Address - House Number: 5240
  • Street Direction: N
  • Address - Street Name: Winthrop
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C059
  • 4-Digit Zip Code: 0516
  • Zip Code: 60640

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $91,812
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 2,453,775
  • High Value: 3,080,762
  • Low Value: 1,826,787

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,500,000
  • First Open Lien Mortgage Lender: LIBERTYVILLE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Oct 21, 2019
  • First Open Lien Mortgage Loan Amount: $5,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $6,046,320
  • Market Land Value: $345,000
  • Market Improvement Value: $5,701,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,632
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $570,132

    Sales

  • Current Sale Contract Date: Jul 18, 2012
  • Current Sale Recording Date: Aug 02, 2012
  • Current Sale Transaction ID: 1132462010
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1221542115
  • Previous Sale Recording Date: Apr 29, 1999
  • Previous Sale Contract Date: Apr 14, 1999
  • Previous Sale Amount: $1,055,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN NATIONAL BK&TR CO OF
  • Previous Mortgage Transaction Date: Apr 29, 1999
  • Previous Mortgage Loan Amount: $942,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 01, 2019

About North Side



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Frequently Asked Questions

What neighborhood is 5240 North Kenmore Avenue located in?
The 5240 North Kenmore Avenue is a located in the neighborhood of Edgewater Beach in North Side, Chicago.
What is the average sales price for listings in 5240 North Kenmore Avenue?
The average sales price for units in 5240 North Kenmore Avenue is $0 currently.

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