NOT LISTED FOR SALE

2540 W Polk St Chicago, IL 60612

Tri-Taylor Neighborhood
-- Bed
-- Bath
-- Sq Ft
2.9 Acres

About This Home

This home is located at 2540 W Polk St, Chicago, IL 60612. 2540 W Polk St is a home located in Cook County with nearby schools including Jensen Miller Scholastic Academy, Altus Academy, and Chicago Hope Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2020
Sold by
Eat Work Polk Properties Llc
Bought by
835 West Wilson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Interest Rate
2.9%
Mortgage Type
Assumption

Purchase Details

Closed on
Jan 31, 2018
Sold by
Polk Street Properties Llc
Bought by
Eat Work Polk Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 21, 2001
Sold by
Pace Industries Inc
Bought by
Polk Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,900,000
Interest Rate
7.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 1995
Sold by
City Of Chicago
Bought by
Wood Recycling Ltd
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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

Date Buyer Sale Price Title Company
835 West Wilson Llc $12,869,000 Fidelity National Title
Eat Work Polk Properties Llc $9,700,000 Greater Illinois Title
Polk Street Properties Llc $4,630,500 --
Wood Recycling Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 835 West Wilson Llc $4,700,000
Previous Owner Eat Work Polk Properties Llc $4,700,000
Previous Owner Eat Work Polk Properties Llc $2,000,000
Previous Owner Polk Street Properties Llc $1,800,000
Previous Owner Polk Street Properties Llc $1,700,000
Previous Owner Polk Street Properties Llc $7,200,000
Previous Owner Polk Street Properties Llc $5,900,000
Previous Owner Pace Industries Inc $3,000,000
Source: Public Records

Tax History Compared to Growth

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 $160,894 $790,000 $180,531 $609,469
2023 $97,579 $759,960 $57,770 $702,190
2022 $97,579 $472,804 $57,770 $415,034
2021 $95,389 $472,804 $57,770 $415,034
2020 $105,812 $473,408 $57,770 $415,638
2019 $95,431 $473,408 $57,770 $415,638
2018 $93,817 $473,408 $57,770 $415,638
2017 $77,683 $359,624 $43,327 $316,297
2016 $72,029 $359,624 $43,327 $316,297
2015 $65,900 $359,624 $43,327 $316,297
2014 $57,737 $311,184 $43,327 $267,857
2013 $56,596 $311,184 $43,327 $267,857
Source: Public Records

Map

Illinois Cook County Chicago 60612 Tri-Taylor

2540 W Polk St, Chicago, IL

This home is located at 2540 W Polk St, Chicago, IL 60612. 2540 W Polk St is a home located in Cook County with nearby schools including Jensen Miller Scholastic Academy, Altus Academy, and Chicago Hope Academy.

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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