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118 E 124th St; Chicago, IL Property Details

118 E 124th St, Chicago, IL is a Single Family that was built in 1923. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 118 E 124th St has 5 bedrooms, and 2 bathrooms, and a total of 3,243 square feet. The lot size of 118 E 124th St is 7,687 square feet.

Off market
118 E 124th St Chicago, IL 60628
$26,032 Estimated Value
5 Beds
2 Baths
3,243 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $25,000
  • Open Loans / Balance: 1 / $118,451
  • Est. Equity / %: $189,549 / 61.54%
  • Gross Yield: 15.483%
  • APN: 25-28-414-036-0000
  • Situs County: Cook
  • Length Of Ownership: 16 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 12

Structure

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

Measurements

  • Total: 3,243/SqFt
  • Lot: 7,687/SqFt
  • Gross: 3,243/SqFt
  • Living: 3,243/SqFt
  • Building: 3,243/SqFt
  • Ground: 1,152/SqFt
  • Price Per Square Foot: $7.71

Legal Description

  • Description: (MORTENSON)&(BATTENS)SUB OF PT OF BLK20 IN FIRST ADD TO KENSINGTON SUB OF S 20ACS OF NH OF SW SEC22 EX NE 4ACS ALSO SH OF SW
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: 41.669178 / -87.619415
  • Subdivision: Mortenson & Battens
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-04

Amenities

  • Plus Four: 7519
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Hot Water
  • Parking: 2

Ownership Info

118 E 124th St has no associated ownership info
118 E 124th St has no associated ownership info.

Taxes

118 E 124th St has 10 associated Taxes items

118 E 124th 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 $26,032. The APN we've located for 118 E 124th St is 25-28-414-036-0000.

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Taxes
  • Assessed Value:  $26,032
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  25-28-414-036-0000
  • Assessed Land Value:  4612
  • Market Land Value:  46120
  • Tax Amount:  2431
  • Tax Year:  2023
  • Market Value:  260320
  • Market Year:  2025

Tax History

118 E 124th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,032 Land Value $4,612 Improvement Value $21,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $26,032 Land Value $4,612 Improvement Value $21,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $2,431 Change Rate +0.042511% Assessed CR Tax Rate
Year 2022 Assessed Value $17,460 Land Value $8,840 Improvement Value $8,620 Tax Amount $2,331.87 Change Rate +0.008542% Assessed CR Tax Rate +0.133555%
Year 2021 Assessed Value $17,460 Land Value $8,840 Improvement Value $8,620 Tax Amount $2,312.12 Change Rate -0.036701% Assessed CR Tax Rate +0.132424%
Year 2020 Assessed Value $16,332 Land Value $4,996 Improvement Value $11,336 Tax Amount $2,400.21 Change Rate -0.190406% Assessed CR Tax Rate +0.146964%
Year 2019 Assessed Value $18,147 Land Value $4,996 Improvement Value $13,151 Tax Amount $2,964.71 Change Rate +0.01764% Assessed CR Tax Rate +0.163372%
Year 2018 Assessed Value $18,147 Land Value $4,996 Improvement Value $13,151 Tax Amount $2,913.32 Change Rate -0.303205% Assessed CR Tax Rate +0.16054%
Year 2017 Assessed Value $22,755 Land Value $4,612 Improvement Value $18,143 Tax Amount $4,181.03 Change Rate +0.028018% Assessed CR Tax Rate +0.183741%
Year 2016 Assessed Value $22,755 Land Value $4,612 Improvement Value $18,143 Tax Amount $4,067.08 Change Rate +0.09974% Assessed CR Tax Rate +0.178733%
Year 2015 Assessed Value $22,755 Land Value $4,612 Improvement Value $18,143 Tax Amount $3,698.22 Change Rate +0.090817% Assessed CR Tax Rate +0.162523%
Year 2014 Assessed Value $20,796 Land Value $3,843 Improvement Value $16,953 Tax Amount $3,390.32 Change Rate +0.023722% Assessed CR Tax Rate +0.163028%
Year 2013 Assessed Value $20,796 Land Value $3,843 Improvement Value $16,953 Tax Amount $3,311.76 Change Rate Assessed CR Tax Rate +0.15925%