5700 N Central Ave Chicago, IL 60646
Jefferson Park NeighborhoodEstimated payment $16,363/month
About This Lot
Available for sale is a 31,079 square foot land site in Jefferson Park neighborhood in Chicago. This highly visible, buildable lot can be developed for numerous commercial uses including a proposed 40-unit mixed-use property with 61 parking spaces. This well-located parcel has easy access to public and vehicular transportation. Great opportunity for a investor or developer. Jefferson Park is a 2.4 square mile neighborhood on the northwest side of the city and home to more than 25,000 people. The area features several commercial corridors within the largely residential neighborhood including along Elston Ave., Milwaukee Ave. and Northwest Highway
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,549
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,666 | $36,861 | $36,861 | -- |
| 2023 | $4,549 | $22,117 | $22,117 | -- |
| 2022 | $4,549 | $22,117 | $22,117 | $0 |
| 2021 | $23,981 | $119,255 | $55,291 | $63,964 |
| 2020 | $26,565 | $119,251 | $55,291 | $63,960 |
| 2019 | $67,018 | $333,567 | $55,291 | $278,276 |
| 2018 | $21,915 | $110,945 | $55,291 | $55,654 |
| 2017 | $24,413 | $113,407 | $48,380 | $65,027 |
| 2016 | $22,649 | $113,081 | $48,380 | $64,701 |
| 2015 | $68,150 | $371,903 | $48,380 | $323,523 |
| 2014 | $49,168 | $265,001 | $48,380 | $216,621 |
| 2013 | $74,304 | $408,545 | $48,380 | $360,165 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2023 11/13/23 | For Sale | $3,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | -- | None Available | |
| Quit Claim Deed | -- | Cti | |
| Warranty Deed | $500,000 | -- | |
| Joint Tenancy Deed | -- | -- | |
| Contract Of Sale | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $8,077,540 | Commercial | |
| Previous Owner | $1,400,000 | Commercial | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $700,000 | Commercial | |
| Previous Owner | $1,400,000 | Commercial | |
| Previous Owner | $1,400,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 11930128
APN: 13-05-425-011-0000
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