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1042 N Central Ave; Chicago, IL Property Details

1042 N Central Ave, Chicago, IL is a Single Family that was built in 1893. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1042 N Central Ave has 3 bedrooms, and 1 bathroom, and a total of 1,248 square feet. The lot size of 1042 N Central Ave is 4,650 square feet.

Off market
1042 N Central Ave Chicago, IL 60651
$16,000 Estimated Value
3 Beds
1 Baths
1,248 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1893
  • Open Loans / Balance: 2 / $237,278
  • Est. Equity / %: $-17,278 / -7.85%
  • Gross Yield: 8.695%
  • APN: 16-05-415-023-0000
  • Situs County: Cook
  • Length Of Ownership: 22 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,248/SqFt
  • Lot: 4,650/SqFt
  • Gross: 1,248/SqFt
  • Living: 1,248/SqFt
  • Building: 1,248/SqFt

Legal Description

  • Description: (NEW) SUB OF BLKS1-2 & 8-11 OF ALVIN SALISBURYS SUB O F EH SE SEC 05-39-13
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.899807 / -87.765816
  • Subdivision: New Sub
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-03

Amenities

  • Plus Four: 2717
  • Cooling: Yes
  • Garage: None
  • Heating: Yes

Ownership Info

1042 N Central Ave has no associated ownership info
1042 N Central Ave has no associated ownership info.

Taxes

1042 N Central Ave has 10 associated Taxes items

1042 N Central Ave, 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 $16,000. The APN we've located for 1042 N Central Ave is 16-05-415-023-0000.

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Taxes
  • Assessed Value:  $16,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  16-05-415-023-0000
  • Assessed Land Value:  5580
  • Market Land Value:  55800
  • Tax Amount:  1464
  • Tax Year:  2023
  • Market Value:  160000
  • Market Year:  2025

Tax History

1042 N Central Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,000 Land Value $5,580 Improvement Value $10,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $16,000 Land Value $5,580 Improvement Value $10,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,464 Change Rate +0.061046% Assessed CR Tax Rate
Year 2022 Assessed Value $14,234 Land Value $3,734 Improvement Value $10,500 Tax Amount $1,379.77 Change Rate -0.006473% Assessed CR Tax Rate +0.096935%
Year 2021 Assessed Value $14,233 Land Value $3,733 Improvement Value $10,500 Tax Amount $1,388.76 Change Rate +0.033527% Assessed CR Tax Rate +0.097573%
Year 2020 Assessed Value $12,857 Land Value $3,952 Improvement Value $8,905 Tax Amount $1,343.71 Change Rate -0.007922% Assessed CR Tax Rate +0.104512%
Year 2019 Assessed Value $14,286 Land Value $3,952 Improvement Value $10,334 Tax Amount $1,354.44 Change Rate -0.325357% Assessed CR Tax Rate +0.094809%
Year 2018 Assessed Value $14,286 Land Value $3,952 Improvement Value $10,334 Tax Amount $2,007.64 Change Rate +0.199558% Assessed CR Tax Rate +0.140532%
Year 2017 Assessed Value $11,825 Land Value $3,487 Improvement Value $8,338 Tax Amount $1,673.65 Change Rate -0.029976% Assessed CR Tax Rate +0.141535%
Year 2016 Assessed Value $11,825 Land Value $3,487 Improvement Value $8,338 Tax Amount $1,725.37 Change Rate +0.113968% Assessed CR Tax Rate +0.145909%
Year 2015 Assessed Value $11,825 Land Value $3,487 Improvement Value $8,338 Tax Amount $1,548.85 Change Rate -0.074999% Assessed CR Tax Rate +0.130981%
Year 2014 Assessed Value $12,327 Land Value $3,255 Improvement Value $9,072 Tax Amount $1,674.43 Change Rate +0.029082% Assessed CR Tax Rate +0.135834%
Year 2013 Assessed Value $12,327 Land Value $3,255 Improvement Value $9,072 Tax Amount $1,627.11 Change Rate Assessed CR Tax Rate +0.131996%