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529 West Melrose Street

529 West Melrose Street, Chicago, IL 60657
Property in Lake View East
Sold May 30, 2014
$1,065,500
529 West Melrose Street in Chicago, IL was first built in 1925 and is 99 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 multifamily style. There are a total of 3 floors. In total, the area measurement of the land is 16,600 square feet.

Learn more about the property and building on this page. 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, 529 West Melrose Street was last sold in Apr 1, 2014 for $1,065,500. Current property owners are expected to pay $68,389 in taxes per year. The property on 529 West Melrose Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $332,500. To break that down further, the land itself was valued at $83,000. While improvements to the property were assessed at a total of $249,500. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 31
  • Business/Commerical Units Count: 18
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,600
  • 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: LAKESHORE SUB
  • Land Acres: 0.381
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : 860 DEWITT LIMITED PARTNERSHIP
  • Previous Owner : GRIMM LAWRENCE C
  • Previous Owner 2: GRIMM VICTOR M
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 061901

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-21-312-006-0000
  • Block: 2
  • Lot: 11-14
  • Meridian: SEC 21 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9419
  • Longitude: -87.6432

    Address

  • Full Address: 529 W Aldine Ave
  • Address - House Number: 529
  • Street Direction: W
  • Address - Street Name: Aldine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 3720
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $68,389
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,894,188
  • High Value: 2,378,189
  • Low Value: 1,410,186

    Market Valuation

  • Market Total Value: $3,325,000
  • Market Land Value: $830,000
  • Market Improvement Value: $2,495,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,500
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $249,500

    Sales

  • Current Sale Contract Date: Apr 01, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Transaction ID: 1072992717
  • Current Sale Price: $1,065,500
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 1415019087

About North Side



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Frequently Asked Questions

What neighborhood is 529 West Melrose Street located in?
The 529 West Melrose Street is a located in the neighborhood of Lake View East in North Side, Chicago.
What is the average sales price for listings in 529 West Melrose Street?
The average sales price for units in 529 West Melrose Street is $0 currently.

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