2255 W 23rd Place Chicago, IL 60608
Heart of Chicago Neighborhood
32
Beds
--
Bath
40,000
Sq Ft
8,015
Sq Ft Lot
About This Home
This home is located at 2255 W 23rd Place, Chicago, IL 60608. 2255 W 23rd Place is a home located in Cook County with nearby schools including Ruiz Elementary School, Juarez Community Academy High School, and Acero - Octavio Paz Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 11, 2020
Sold by
Albany Bank & Trust Company Na
Bought by
Graceland Development Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,509,318
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 7, 2001
Sold by
Chicago Title Land Trust Company
Bought by
Metropolitan Bank & Trust Company and Trust #2274
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,000
Interest Rate
7.16%
Mortgage Type
Commercial
Purchase Details
Closed on
May 25, 1999
Sold by
Cosmopolitan Bank & Trust
Bought by
Chicago Title Land Trust Company and Trust 1107179
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 14, 1996
Sold by
The Chicago Trust Company
Bought by
Cosmopolitan Bank & Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.98%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Graceland Development Ltd | -- | Greater Illinois Title Co | |
| Metropolitan Bank & Trust Company | $1,675,000 | -- | |
| Chicago Title Land Trust Company | -- | -- | |
| Cosmopolitan Bank & Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Graceland Development Ltd | $1,509,318 | |
| Previous Owner | Metropolitan Bank & Trust Company | $1,255,000 | |
| Previous Owner | Chicago Title Land Trust Company | $450,000 | |
| Previous Owner | Cosmopolitan Bank & Trust | $416,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $59,586 | $313,601 | $24,000 | $289,601 |
| 2023 | $58,077 | $281,485 | $40,000 | $241,485 |
| 2022 | $58,077 | $281,485 | $40,000 | $241,485 |
| 2021 | $56,773 | $281,484 | $40,000 | $241,484 |
| 2020 | $57,833 | $259,611 | $40,000 | $219,611 |
| 2019 | $52,159 | $259,611 | $40,000 | $219,611 |
| 2018 | $41,261 | $208,881 | $40,000 | $168,881 |
| 2017 | $36,066 | $167,540 | $28,000 | $139,540 |
| 2016 | $38,327 | $191,361 | $28,000 | $163,361 |
| 2015 | $35,066 | $191,361 | $28,000 | $163,361 |
| 2014 | $25,904 | $139,617 | $20,000 | $119,617 |
| 2013 | $25,393 | $139,617 | $20,000 | $119,617 |
Source: Public Records
Map
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