162 N Franklin St Chicago, IL 60606
The Loop NeighborhoodEstimated Value: $247,712
Studio
--
Bath
41,000
Sq Ft
$6/Sq Ft
Est. Value
About This Home
This home is located at 162 N Franklin St, Chicago, IL 60606 and is currently estimated at $247,712, approximately $6 per square foot. 162 N Franklin St is a home located in Cook County with nearby schools including South Loop Elementary School, Wendell Phillips Academy High School, and Chicago International Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2025
Sold by
3D Real Estate Enterprises Llc
Bought by
Franklin Street Collaborative Llc
Current Estimated Value
Purchase Details
Closed on
Jun 8, 2006
Sold by
Franklin Properties I Llc
Bought by
Ridge Development Partners Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 2, 2006
Sold by
Franklin Properties I Llc
Bought by
3D Real Estate Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.87%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franklin Street Collaborative Llc | $250,000 | Citywide Title | |
| Ridge Development Partners Inc | $400,000 | Multiple | |
| 3D Real Estate Enterprises Llc | $650,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ridge Development Partners Inc | $540,000 | |
| Previous Owner | 3D Real Estate Enterprises Llc | $520,000 |
Source: Public Records
Tax History
| 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 | $24,129 | $138,000 | $63,575 | $74,425 |
| 2024 | $24,129 | $138,000 | $63,575 | $74,425 |
| 2023 | $23,522 | $114,361 | $64,332 | $50,029 |
| 2022 | $23,522 | $114,361 | $64,332 | $50,029 |
| 2021 | $22,997 | $114,359 | $64,331 | $50,028 |
| 2020 | $29,539 | $132,599 | $64,331 | $68,268 |
| 2019 | $26,641 | $132,599 | $64,331 | $68,268 |
| 2018 | $26,193 | $132,599 | $64,331 | $68,268 |
| 2017 | $18,659 | $86,677 | $56,763 | $29,914 |
| 2016 | $17,360 | $86,677 | $56,763 | $29,914 |
| 2015 | $15,883 | $86,677 | $56,763 | $29,914 |
| 2014 | $13,748 | $74,099 | $52,979 | $21,120 |
| 2013 | $13,477 | $74,099 | $52,979 | $21,120 |
Source: Public Records
Map
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