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1040 W Randolph St; Chicago, IL Property Details

1040 W Randolph St, Chicago, IL is a Retail Stores that was built in 1929. This property is currently a cash purchase and is not for sale. Our records show that 1040 W Randolph St has a total of 56,821 square feet. The lot size of 1040 W Randolph St is 28,000 square feet.

Off market
1040 W Randolph St Chicago, IL 60607
$2,115,450 Estimated Value
56,821 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1929
  • Purchase Price: $33,000,000
  • Open Loans: 1
  • APN: 17-08-429-017-0000
  • Situs County: Cook
  • Length Of Ownership: 7 years

Structure

  • Stories: 2

Measurements

  • Total: 56,821/SqFt
  • Lot: 28,000/SqFt
  • Gross: 56,821/SqFt
  • Living: 56,821/SqFt
  • Building: 56,821/SqFt
  • Price Per Square Foot: $580.77

Legal Description

  • Description: (CARPENTERS) ADD TO (CHICAGO) A SUB OF SE SEC 08-39-14
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.884853 / -87.653625
  • Subdivision: Carpenters Add To Chicago
  • Property Class: Commercial
  • Zoning: C1-2
  • County Use Code: 5-92

Amenities

  • Plus Four: 2215

Ownership Info

1040 W Randolph St has no associated ownership info
1040 W Randolph St has no associated ownership info.

Taxes

1040 W Randolph St has 10 associated Taxes items

1040 W Randolph St, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $2,115,450. The APN we've located for 1040 W Randolph St is 17-08-429-017-0000.

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Taxes
  • Assessed Value:  $2,115,450
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  17-08-429-017-0000
  • Assessed Land Value:  700000
  • Market Land Value:  2800000
  • Tax Amount:  426581.38
  • Tax Year:  2024
  • Market Value:  8461800
  • Market Year:  2025

Tax History

1040 W Randolph St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $2,115,450 Land Value $700,000 Improvement Value $1,415,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $426,581.38 Change Rate -0.140735% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $496,449 Change Rate +0.025826% Assessed CR Tax Rate
Year 2022 Assessed Value $2,344,905 Land Value $245,000 Improvement Value $2,099,905 Tax Amount $483,950.62 Change Rate +0.022962% Assessed CR Tax Rate +0.206384%
Year 2021 Assessed Value $2,344,904 Land Value $245,000 Improvement Value $2,099,904 Tax Amount $473,087.69 Change Rate +0.667853% Assessed CR Tax Rate +0.201751%
Year 2020 Assessed Value $1,269,071 Land Value $245,000 Improvement Value $1,024,071 Tax Amount $283,650.72 Change Rate +0.108776% Assessed CR Tax Rate +0.223511%
Year 2019 Assessed Value $1,269,071 Land Value $245,000 Improvement Value $1,024,071 Tax Amount $255,823.23 Change Rate +0.017202% Assessed CR Tax Rate +0.201583%
Year 2018 Assessed Value $1,269,071 Land Value $245,000 Improvement Value $1,024,071 Tax Amount $251,496.98 Change Rate -0.013982% Assessed CR Tax Rate +0.198174%
Year 2017 Assessed Value $1,180,792 Land Value $178,500 Improvement Value $1,002,292 Tax Amount $255,063.39 Change Rate +0.078496% Assessed CR Tax Rate +0.21601%
Year 2016 Assessed Value $1,180,792 Land Value $178,500 Improvement Value $1,002,292 Tax Amount $236,499.2 Change Rate +0.093005% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $1,180,792 Land Value $178,500 Improvement Value $1,002,292 Tax Amount $216,375.27 Change Rate +0.012581% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $1,151,713 Land Value $178,500 Improvement Value $973,213 Tax Amount $213,686.98 Change Rate +0.301741% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $902,571 Land Value $178,500 Improvement Value $724,071 Tax Amount $164,154.8 Change Rate Assessed CR Tax Rate +0.181875%