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1227 W School St; Chicago, IL Property Details

1227 W School St, Chicago, IL is a Single Family that was built in 2024. This property is currently Financed and is not for sale. Our records show that 1227 W School St has 6 bedrooms, and 6 bathrooms, and a total of 3,877 square feet. The lot size of 1227 W School St is 3,182 square feet.

Off market
1227 W School St Chicago, IL 60657
$2,665,000 Listing Price
6 Beds
6 Baths
3,877 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2024
  • Purchase Price: $2,665,000
  • Open Loans / Balance: 1 / $1,577,032
  • Est. Equity / %: $1,310,968 / 45.39%
  • Gross Yield: 1.163%
  • APN: 14-20-327-057-0000
  • Situs County: Cook
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full Bathrooms: 5
  • Total Rooms: 10
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 3
  • Building Quality: C
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 3,877/SqFt
  • Lot: 3,182/SqFt
  • Gross: 3,877/SqFt
  • Living: 3,877/SqFt
  • Building: 3,877/SqFt
  • Price Per Square Foot: $687.39

Legal Description

  • Description: JOHN P (ALTGELDS) SUB SEC 20-40-14
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: 41.941376 / -87.6601
  • Subdivision: Altgelds Sub
  • Property Class: Residential
  • Zoning: RT-4
  • County Use Code: 2-08

Amenities

  • Plus Four: 1425
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Yes
  • Parking: 2

Ownership Info

1227 W School St has no associated ownership info
1227 W School St has no associated ownership info.

Taxes

1227 W School St has 10 associated Taxes items

1227 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 $250,000. The APN we've located for 1227 W School St is 14-20-327-057-0000.

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Taxes
  • Assessed Value:  $250,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-20-327-057-0000
  • Assessed Land Value:  59185
  • Market Land Value:  591850
  • Tax Amount:  29103.72
  • Tax Year:  2024
  • Market Value:  2500000
  • Market Year:  2025

Tax History

1227 W School St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $250,000 Land Value $59,185 Improvement Value $190,815 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $29,103.72 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $35,287 Land Value $32,694 Improvement Value $2,593 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value Land Value Improvement Value Tax Amount $7,257.52 Change Rate +0.022839% Assessed CR Tax Rate
Year 2021 Assessed Value $35,285 Land Value $32,693 Improvement Value $2,592 Tax Amount $7,095.47 Change Rate +1.435694% Assessed CR Tax Rate +0.20109%
Year 2020 Assessed Value $13,077 Land Value $13,077 Improvement Value Tax Amount $2,913.12 Change Rate -0.556902% Assessed CR Tax Rate +0.222767%
Year 2019 Assessed Value $32,723 Land Value $32,693 Improvement Value $30 Tax Amount $6,574.44 Change Rate +0.017106% Assessed CR Tax Rate +0.200912%
Year 2018 Assessed Value $32,723 Land Value $32,693 Improvement Value $30 Tax Amount $6,463.87 Change Rate +0.133776% Assessed CR Tax Rate +0.197533%
Year 2017 Assessed Value $26,484 Land Value $26,481 Improvement Value $3 Tax Amount $5,701.19 Change Rate +0.086073% Assessed CR Tax Rate +0.215269%
Year 2016 Assessed Value $26,209 Land Value $26,207 Improvement Value $2 Tax Amount $5,249.36 Change Rate +0.101409% Assessed CR Tax Rate +0.200288%
Year 2015 Assessed Value $26,009 Land Value $25,970 Improvement Value $39 Tax Amount $4,766.04 Change Rate +0.21236% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $21,188 Land Value $21,159 Improvement Value $29 Tax Amount $3,931.21 Change Rate +0.020142% Assessed CR Tax Rate +0.185539%
Year 2013 Assessed Value $21,188 Land Value $21,159 Improvement Value $29 Tax Amount $3,853.59 Change Rate Assessed CR Tax Rate +0.181876%