941 North Damen Avenue

Local assessors in Chicago, IL have categorized 941 North Damen Avenue as a commercial type of property. The home was built in 1916 and is 108 years old. The property's lot size has been calculated to be 3,150 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 941 North Damen Avenue sold most recently in Jul 6, 2023 for a total of $1,800,000. If you work out the math, that's approximately a cost of $120.81 per sqft. 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 $12,551 in taxes each year. 941 North Damen Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $56,025. If we break it down further, the land itself was valued at $15,750. Improvements to the property, however, were assessed at a total of $40,275. 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. 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.