5842 North Broadway Street

5842 North Broadway Street in Chicago, IL was first built in 1905 and is 119 years old. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 6,097 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5842 North Broadway Street sold most recently in Jan 12, 2024 for a total of $925,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $49,092 in taxes each year. 5842 North Broadway Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $207,506. If we break it down further, the land itself was valued at $91,455. Improvements to the property, however, were assessed at a total of $116,051. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.