5581 North Northwest Highway

5581 North Northwest Highway has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 1950 and is 74 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. Based on our sources, 5581 North Northwest Highway was last sold in Apr 24, 2023 for $180,000. According to our calculations, that's $81.82 per sqft. Prior to that sales transaction, the property was sold for $260,000 in May 27, 2004. Current property owners are expected to pay $7,541 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5581 North Northwest Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $36,662. To break that down further, the land itself was valued at $11,250. While improvements to the property were assessed at a total of $25,412. 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.