700 N Ashland Ave Chicago, IL 60622
West Town NeighborhoodEstimated payment $18,212/month
About This Lot
Approx. 12,457 SF of Land on the hard corner of Ashland & Huron in West Town. Part of a 21,925 SF parcel zoned C2-3 for development of commercial/residential. One block south of Chicago Ave. where all of the areas hottest restaurant and bars are located including Beatnik, Forbidden Root Brewery, Frankenhausen and more. This neighborhood has seen a recent surge in residential development of single family homes and condos, as well as retail development. FAR is 3.0 Max. 121 feet of frontage on Ashland. Gas and Electric near by. Zoning allows 4 floor duplex up to 5 floors.
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,248
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 120.75 x 103.12
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 | $5,295 | $49,770 | $41,250 | $8,520 |
| 2023 | $5,146 | $25,020 | $16,500 | $8,520 |
| 2022 | $5,146 | $25,020 | $16,500 | $8,520 |
| 2021 | $5,031 | $25,019 | $16,500 | $8,519 |
| 2020 | $5,573 | $25,019 | $16,500 | $8,519 |
| 2019 | $5,027 | $25,019 | $16,500 | $8,519 |
| 2018 | $4,942 | $25,019 | $16,500 | $8,519 |
| 2017 | $4,853 | $22,544 | $14,025 | $8,519 |
| 2016 | $4,515 | $22,544 | $14,025 | $8,519 |
| 2015 | $4,131 | $22,544 | $14,025 | $8,519 |
| 2014 | $4,183 | $22,544 | $14,025 | $8,519 |
| 2013 | $1,020 | $5,610 | $5,610 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2023 04/19/23 | For Sale | $3,100,000 | 0.0% | -- |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- |
| 01/18/2022 01/18/22 | For Sale | -- | -- | -- |
| 12/30/2021 12/30/21 | Off Market | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $3,100,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $4,900,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,756,500 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 10992233
APN: 17-07-207-047-0000
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