NOT LISTED FOR SALE

1240 W Race Ave Chicago, IL 60642

West Town Neighborhood

Estimated Value: $498,000 - $515,475

-- Bed
2 Baths
1,848 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 1240 W Race Ave, Chicago, IL 60642 and is currently estimated at $506,738, approximately $274 per square foot. 1240 W Race Ave is a home located in Cook County with nearby schools including Otis Elementary School, Wells Community Academy High School, and Rauner College Prep.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 North American Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $240,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,645 $49,000 $15,556 $33,444
2024 $10,645 $49,000 $15,556 $33,444
2023 $10,346 $50,301 $12,528 $37,773
2022 $10,346 $50,301 $12,528 $37,773
2021 $10,115 $50,301 $12,528 $37,773
2020 $8,504 $38,176 $7,099 $31,077
2019 $8,618 $42,895 $7,099 $35,796
2018 $9,150 $46,322 $7,099 $39,223
2017 $6,126 $28,458 $6,264 $22,194
2016 $6,009 $30,000 $6,264 $23,736
2015 $6,567 $35,839 $6,264 $29,575
2014 $2,598 $14,000 $5,220 $8,780
2013 $2,546 $14,000 $5,220 $8,780
Source: Public Records

Map

Illinois Cook County Chicago 60642 West Town

1240 W Race Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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