940 Madison Street

940 Madison Street in Oak Park, IL was first built in 1910 and is 114 years old. This has been categorized as a exempt property type. It is a single story home. The linear feet across the front of the lot is 940 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 16,050 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, 940 Madison Street sold most recently in Oct 19, 2006 for a total of $526,000. Before that, the property was also sold for $505,500 in Oct 20, 2006. 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 $0 in taxes each year. 940 Madison Street was most recently assessed in 2018. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.