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560 West Van Buren Street

560 West Van Buren Street, Chicago, IL 60607
Property in West Loop
560 West Van Buren Street in Chicago, IL was first built in 1888 and is 136 years old. This has been categorized as a vacant property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. 560 West Van Buren Street has 4,724 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $1,200,000 in May 30, 2008. Current property owners are expected to pay $27,569 in taxes per year. The property on 560 West Van Buren Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,500. To break that down further, the land itself was valued at $12,500. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Full Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 4,724
  • Gross Building Area: 4,724
  • Building Area: 4,724
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 4,724
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: SCHOOL SECTION ADD
  • Land Acres: 0.057
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: (SUBDIVISION) OF LTS14-15 IN BLK45 OF SCHOOL SECTION ADD TO CHICAGO SUB IN SEC 16-39-14

Ownership

  • Current Owner : 566 W VAN BUREN TITLEHOLDER LLC
  • Previous Owner : BASIL REALTY LLC
  • Owner Before Previous Owner: SIGLO 21 INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 281900

Zoning

  • Zoning: DX-7

Geography

  • Assessors Map Reference: 1NW-86-03
  • District: 77
  • Parcel: 17-16-119-012-0000
  • Block: 45
  • Lot: 14,15
  • Meridian: SEC 16 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.877
  • Longitude: -87.6419

    Address

  • Full Address: 560 W Van Buren St
  • Address - House Number: 560
  • Street Direction: W
  • Address - Street Name: Van Buren
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 3815
  • Zip Code: 60607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,569
  • Tax Rate Code Area: 77108

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $125,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,500
  • Assessed Land Value: $12,500

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Transaction ID: 11888796559
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2208721250
  • Previous Sale Recording Date: Jun 13, 2008
  • Previous Sale Contract Date: May 30, 2008
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST EAGLE BANK
  • Previous Mortgage Transaction Date: Jun 13, 2008
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $927,500
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 15, 2013

About Central Chicago



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Frequently Asked Questions

What neighborhood is 560 West Van Buren Street located in?
The 560 West Van Buren Street is a located in the neighborhood of West Loop in Central Chicago, Chicago.
What is the average sales price for listings in 560 West Van Buren Street?
The average sales price for units in 560 West Van Buren Street is $0 currently.

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