$450,000

Estimated payment $2,987/month

Total Views 21,536
1 Bed
2 Baths
2,040 Sq Ft
$221 Price per Sq Ft

Highlights

  • Living Room
  • Zero Lot Line
  • Dining Room
  • Laundry Room
  • Central Air
  • Family Room

About This Home

Investor's Dream in Historic Tri-Taylor! Step into 2342 W Taylor St, a home filled with character and history, originally built in 1898 and held by the same family for over 50 years. This property offers an incredible opportunity for those with a vision to restore its former glory or reimagine it entirely. Featuring a spacious layout, this home is ready for a complete gut rehab and requires significant repairs, making it ideal for seasoned investors or ambitious renovators. Located in the vibrant Tri-Taylor neighborhood, close to the Illinois Medical District, UIC, public transit, and just minutes from downtown. Don't miss this rare chance to create something truly special in one of Chicago's historic communities!

Listing Agent

Joaquin Reyes

Kale Realty License #475193771 Listed on: 11/01/2024

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,646

Year Built

  • Built in 1898

Lot Details

  • 3,128 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Wood Fence
  • Paved or Partially Paved Lot
  • Zero Lot Line

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Gas Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Tri Taylor Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,646

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Tri-Taylor
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • LivingArea: 2040
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2040
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: First and Second Floor
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 450000
  • Lot Features: Wood Fence
  • OtherStructures: None
  • Roof: Tar/Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.0718
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6646
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $6,609 $52,000 $11,642 $40,358
2023 $6,646 $59,001 $9,356 $49,645
2022 $6,646 $59,001 $9,356 $49,645
2021 $6,326 $58,999 $9,355 $49,644
2020 $8,763 $45,412 $7,068 $38,344
2019 $8,815 $49,904 $7,068 $42,836
2018 $8,664 $49,904 $7,068 $42,836
2017 $7,594 $38,530 $6,237 $32,293
2016 $8,134 $43,107 $6,237 $36,870
2015 $6,669 $43,107 $6,237 $36,870
2014 $6,142 $35,674 $5,197 $30,477
2013 $5,796 $35,674 $5,197 $30,477
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 For Sale $450,000 -- $221 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Mortgage History

Date Status Loan Amount Loan Type
Closed $248,465 Unknown
Closed $250,000 Negative Amortization
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12200701

Midwest Real Estate Data (MRED)

APN: 17-18-314-052-0000