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1224 W School St; Chicago, IL Property Details

1224 W School St, Chicago, IL is a Townhouse that was built in 1991. This property is currently Financed and is not for sale. Our records show that 1224 W School St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,763 square feet. The lot size of 1224 W School St is 1,413 square feet.

Off market
1224 W School St Chicago, IL 60657
$75,000 Estimated Value
2 Beds
1.5 Baths
1,763 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1991
  • Purchase Price: $775,000
  • Open Loans / Balance: 1 / $578,876
  • Est. Equity / %: $342,124 / 37.15%
  • Gross Yield: 9.536%
  • APN: 14-20-323-046-0000
  • Situs County: Cook
  • Length Of Ownership: 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 3
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 1,763/SqFt
  • Lot: 1,413/SqFt
  • Gross: 1,763/SqFt
  • Living: 1,763/SqFt
  • Building: 1,763/SqFt
  • Price Per Square Foot: $439.59

Legal Description

  • Description: PART E2SW4 S20 T40N R14E 3P
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.94204 / -87.65971
  • Subdivision: J P Altgelds
  • Property Class: Residential
  • Zoning: RM-5
  • County Use Code: 2-95

Amenities

  • Plus Four: 1426
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $154
  • H O A Amount: $154
  • H O A One Frequency: Monthly
  • H O A One Type: Condo  Owner Association

Ownership Info

1224 W School St has no associated ownership info
1224 W School St has no associated ownership info.

Taxes

1224 W School St has 10 associated Taxes items

1224 W School 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 $75,000. The APN we've located for 1224 W School St is 14-20-323-046-0000.

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Taxes
  • Assessed Value:  $75,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-20-323-046-0000
  • Assessed Land Value:  26282
  • Market Land Value:  262820
  • Tax Amount:  10767
  • Tax Year:  2023
  • Market Value:  750000
  • Market Year:  2025

Tax History

1224 W School St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,000 Land Value $26,282 Improvement Value $48,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $75,000 Land Value $26,282 Improvement Value $48,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $10,767 Change Rate -0.079089% Assessed CR Tax Rate
Year 2022 Assessed Value $63,000 Land Value $21,195 Improvement Value $41,805 Tax Amount $11,691.68 Change Rate +0.019927% Assessed CR Tax Rate +0.185582%
Year 2021 Assessed Value $63,000 Land Value $21,195 Improvement Value $41,805 Tax Amount $11,463.25 Change Rate +0.258514% Assessed CR Tax Rate +0.181956%
Year 2020 Assessed Value $46,472 Land Value $12,717 Improvement Value $33,755 Tax Amount $9,108.56 Change Rate -0.102508% Assessed CR Tax Rate +0.196001%
Year 2019 Assessed Value $50,514 Land Value $12,717 Improvement Value $37,797 Tax Amount $10,148.9 Change Rate +0.017107% Assessed CR Tax Rate +0.200913%
Year 2018 Assessed Value $50,514 Land Value $12,717 Improvement Value $37,797 Tax Amount $9,978.2 Change Rate -0.073309% Assessed CR Tax Rate +0.197533%
Year 2017 Assessed Value $50,019 Land Value $11,304 Improvement Value $38,715 Tax Amount $10,767.56 Change Rate +0.074798% Assessed CR Tax Rate +0.215269%
Year 2016 Assessed Value $50,019 Land Value $11,304 Improvement Value $38,715 Tax Amount $10,018.22 Change Rate +0.093% Assessed CR Tax Rate +0.200288%
Year 2015 Assessed Value $50,019 Land Value $11,304 Improvement Value $38,715 Tax Amount $9,165.8 Change Rate +0.028587% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $48,028 Land Value $9,891 Improvement Value $38,137 Tax Amount $8,911.06 Change Rate +0.079238% Assessed CR Tax Rate +0.185539%
Year 2013 Assessed Value $48,028 Land Value $9,891 Improvement Value $38,137 Tax Amount $8,256.81 Change Rate Assessed CR Tax Rate +0.171917%