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5240 West Division Street

5240 West Division Street, Chicago, IL 60651
Property in North Austin
Local assessors in Chicago, IL have categorized 5240 West Division Street as a commercial type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 3,100 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5240 West Division Street was last sold in May 4, 2018 for $335,000. According to our calculations, that's $134.00 per sqft. Prior to that sales transaction, the property was sold for $105,000 in Nov 15, 2004. Current property owners are expected to pay $2,197 in taxes per year. The property on 5240 West Division Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $10,684. To break that down further, the land itself was valued at $8,138. While improvements to the property were assessed at a total of $2,546. 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. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Total Building Area: 2,500
  • Building Area: 2,500
  • 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: AUSTIN PARK
  • Land Acres: 0.71
  • Standard Land Use Code: Commercial building
  • Legal Description 1: (AUSTIN)(PARK) SUB IN SH NW SEC 04-39-13

Ownership

  • Current Owner : KWON YOUN KEEM HEE
  • Current Owner 2: KWON SEO HEE
  • Previous Owner : SONG KYUNG EWI
  • Previous Owner 2: SONG SUE REI
  • Owner Before Previous Owner: COSMOPOLITAN BANK & TRUST

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 842100

Zoning

  • Zoning: B3-1

Geography

  • Assessors Map Reference: 021-125-04
  • District: 77
  • Parcel: 16-04-132-021-0000
  • Block: 4
  • Lot: 17
  • Meridian: SEC 04 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9025
  • Longitude: -87.7574

    Address

  • Full Address: 5240 W Division St
  • Address - House Number: 5240
  • Street Direction: W
  • Address - Street Name: Division
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Zip Code: 60651

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,197
  • Tax Rate Code Area: 77074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: PACIFIC CITY BANK
  • First Open Lien Mortgage Recording Date: May 08, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $392,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 04, 2043

    Market Valuation

  • Market Total Value: $42,736
  • Market Land Value: $32,552
  • Market Improvement Value: $10,184

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,684
  • Assessed Land Value: $8,138
  • Assessed Improvements Value: $2,546

    Sales

  • Current Sale Contract Date: May 04, 2018
  • Current Sale Recording Date: May 08, 2018
  • Current Sale Transaction ID: 11461389618
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1812829091
  • Previous Sale Recording Date: Dec 29, 2004
  • Previous Sale Contract Date: Nov 15, 2004
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC CITY BANK
  • First Mortgage Transaction Date: May 08, 2018
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 04, 2043

    Financing

  • First Mortgage Financing Type: Variable

About Northwest Side



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Frequently Asked Questions

What neighborhood is 5240 West Division Street located in?
The 5240 West Division Street is a located in the neighborhood of North Austin in Northwest Side, Chicago.
What is the average sales price for listings in 5240 West Division Street?
The average sales price for units in 5240 West Division Street is $0 currently.

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