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542 North Western Avenue

542 North Western Avenue, Chicago, IL 60612
Property in West Town
542 North Western Avenue in Chicago, IL was first built in 1911 and is 113 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 3 floors. In total, the area measurement of the land is 10,960 square feet.

Learn more about the property and building on this page. The property was last sold in Oct 31, 2022 for $270,000. That's $12.16 per sqft. Prior to that sales transaction, the property was also sold in Sep 17, 2019 for $265,000. 542 North Western Avenue was last assessed in 2023. The total value of the property was assessed at $27,144. Specifically, the land the property is located on was valued at $1,315. While improvements on the property were assessed at a total of $25,829. 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 $5,583. The initial tax year of delinquency was in 2021. 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. 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.

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: Condo
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,960
  • Total Building Area: 22,200
  • Building Area: 22,200

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: OHIO WEST LOFTS CONDO
  • Land Acres: 0.252
  • Standard Land Use Code: Commercial Condominium (not offices)

Ownership

  • Current Owner : MCDEVITT CHRISTOPHER
  • Current Owner 2: MCDEVITT JULIE M
  • Previous Owner : F & S HOLDINGS LLC
  • Owner Before Previous Owner: JT LIVING LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 280900

Zoning

  • Zoning: C1-5

Geography

  • Assessors Map Reference: 3-011-080-02
  • District: 77
  • Parcel: 16-12-218-042-1003
  • Lot: 1-4
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8918
  • Longitude: -87.6871

    Address

  • Full Address: 542 N Western Ave
  • Address - House Number: 542
  • Street Direction: N
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,583
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,500
  • First Open Lien Mortgage Lender: LIBERTYVILLE BANK & TRUST COMP
  • First Open Lien Mortgage Recording Date: Nov 07, 2022
  • First Open Lien Mortgage Loan Amount: $202,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $108,576
  • Market Land Value: $5,260
  • Market Improvement Value: $103,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,144
  • Assessed Land Value: $1,315
  • Assessed Improvements Value: $25,829

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Transaction ID: 11898611371
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25124
  • Previous Sale Recording Date: Oct 11, 2019
  • Previous Sale Contract Date: Sep 17, 2019
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTYVILLE BANK & TRUST COMP
  • First Mortgage Transaction Date: Nov 07, 2022
  • First Mortgage Loan Amount: $202,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: GELT FINANCIAL LLC
  • Previous Mortgage Transaction Date: Oct 11, 2019
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 542 North Western Avenue located in?
The 542 North Western Avenue is a located in the neighborhood of West Town in West Side, Chicago.
What is the average sales price for listings in 542 North Western Avenue?
The average sales price for units in 542 North Western Avenue is $0 currently.

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