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116 E Oak St; Chicago, IL Property Details

116 E Oak St, Chicago, IL is a Retail Stores that was built in 1967. This property is currently Financed and is not for sale. Our records show that 116 E Oak St has a total of 5,400 square feet. The lot size of 116 E Oak St is 2,000 square feet.

Off market
116 E Oak St Chicago, IL 60611
$771,250 Estimated Value
5,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1967
  • Purchase Price: $7,430,000
  • Open Loans / Balance: 1 / $7,332,278
  • APN: 17-03-204-054-0000
  • Situs County: Cook
  • Length Of Ownership: 14 years, 5 months

Structure

  • Stories: 4

Measurements

  • Total: 5,400/SqFt
  • Lot: 2,000/SqFt
  • Gross: 5,400/SqFt
  • Living: 5,400/SqFt
  • Building: 5,400/SqFt
  • Price Per Square Foot: $1375.93
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: 41.901047 / -87.62512
  • Subdivision: Collins
  • Property Class: Commercial
  • Zoning: DX-5
  • County Use Code: 5-92

Amenities

  • Plus Four: 1204

Ownership Info

116 E Oak St has no associated ownership info
116 E Oak St has no associated ownership info.

Taxes

116 E Oak St has 10 associated Taxes items

116 E Oak 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 $771,250. The APN we've located for 116 E Oak St is 17-03-204-054-0000.

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Taxes
  • Assessed Value:  $771,250
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  17-03-204-054-0000
  • Assessed Land Value:  75000
  • Market Land Value:  300000
  • Tax Amount:  163649.81
  • Tax Year:  2024
  • Market Value:  3085000
  • Market Year:  2025

Tax History

116 E Oak St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $771,250 Land Value $75,000 Improvement Value $696,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $163,649.81 Change Rate +0.500686% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $109,050 Change Rate -0.411338% Assessed CR Tax Rate
Year 2022 Assessed Value $853,931 Land Value $137,500 Improvement Value $716,431 Tax Amount $185,250.55 Change Rate +0.038491% Assessed CR Tax Rate +0.216939%
Year 2021 Assessed Value $853,931 Land Value $137,500 Improvement Value $716,431 Tax Amount $178,384.38 Change Rate -0.103453% Assessed CR Tax Rate +0.208898%
Year 2020 Assessed Value $860,535 Land Value $137,500 Improvement Value $723,035 Tax Amount $198,968.19 Change Rate +0.150823% Assessed CR Tax Rate +0.231215%
Year 2019 Assessed Value $860,535 Land Value $137,500 Improvement Value $723,035 Tax Amount $172,892.16 Change Rate +0.017105% Assessed CR Tax Rate +0.200912%
Year 2018 Assessed Value $860,535 Land Value $137,500 Improvement Value $723,035 Tax Amount $169,984.62 Change Rate +0.504067% Assessed CR Tax Rate +0.197534%
Year 2017 Assessed Value $525,000 Land Value $112,500 Improvement Value $412,500 Tax Amount $113,016.67 Change Rate +0.074798% Assessed CR Tax Rate +0.21527%
Year 2016 Assessed Value $525,000 Land Value $112,500 Improvement Value $412,500 Tax Amount $105,151.54 Change Rate +0.093004% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $525,000 Land Value $112,500 Improvement Value $412,500 Tax Amount $96,204.13 Change Rate +0.200693% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $431,845 Land Value $100,000 Improvement Value $331,845 Tax Amount $80,123.83 Change Rate +0.020144% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $431,845 Land Value $100,000 Improvement Value $331,845 Tax Amount $78,541.7 Change Rate Assessed CR Tax Rate +0.181875%