Taxes
- Assessed Value: $96,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 14-29-111-024-0000
- Assessed Land Value: 48000
- Market Land Value: 480000
- Tax Amount: 19713
- Tax Year: 2023
- Market Value: 960000
- Market Year: 2025
1240 W Nelson St; Chicago, IL Property Details
Off market
1240 W Nelson St Chicago, IL 60657
$967,450 Listing Price
3 Beds
2 Baths
1,620 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1890
- Purchase Price: $967,500
- Open Loans / Balance: 1 / $817,076
- Est. Equity / %: $605,924 / 42.58%
- Gross Yield: 7.561%
- APN: 14-29-111-024-0000
- Situs County: Cook
- Length Of Ownership: 5 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
- 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: 1,620/SqFt
- Lot: 3,000/SqFt
- Gross: 1,620/SqFt
- Living: 1,620/SqFt
- Building: 1,620/SqFt
- Price Per Square Foot: $597.22
Legal Description
- Description: JOHN P (ALTGELDS) SUB OF BLKS1-4, NH BLK6, & THAT PT BLK7 LYING NELY OF CENTER LINE OF LINCOLN AVE, IN SUB BY EXECUTORS OF W
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: 41.937286 / -87.66049
- Subdivision: Altgelds Sub
- Property Class: Residential
- Zoning: RS-3
- County Use Code: 2-03
Amenities
- Plus Four: 4214
- Cooling: Central
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
Ownership Info
1240 W Nelson St has no associated ownership info
1240 W Nelson St has no associated ownership info.
Taxes
1240 W Nelson St has 10 associated Taxes items
1240 W Nelson 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 $96,000. The APN we've located for 1240 W Nelson St is 14-29-111-024-0000.
Unlock the full reportTax History
1240 W Nelson St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $96,000 | Land Value $48,000 | Improvement Value $48,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $96,000 | Land Value $48,000 | Improvement Value $48,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $19,713 | Change Rate +0.026975% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $96,745 | Land Value $52,500 | Improvement Value $44,245 | Tax Amount $19,195.21 | Change Rate -0.051796% | Assessed CR | Tax Rate +0.19841% |
| Year 2021 | Assessed Value $104,000 | Land Value $52,500 | Improvement Value $51,500 | Tax Amount $20,243.76 | Change Rate +0.326196% | Assessed CR | Tax Rate +0.194652% |
| Year 2020 | Assessed Value $71,624 | Land Value $20,400 | Improvement Value $51,224 | Tax Amount $15,264.53 | Change Rate -0.031641% | Assessed CR | Tax Rate +0.21312% |
| Year 2019 | Assessed Value $81,888 | Land Value $20,400 | Improvement Value $61,488 | Tax Amount $15,763.29 | Change Rate +0.01718% | Assessed CR | Tax Rate +0.192498% |
| Year 2018 | Assessed Value $81,888 | Land Value $20,400 | Improvement Value $61,488 | Tax Amount $15,497.05 | Change Rate +0.335758% | Assessed CR | Tax Rate +0.189247% |
| Year 2017 | Assessed Value $57,269 | Land Value $18,000 | Improvement Value $39,269 | Tax Amount $11,601.69 | Change Rate +0.011455% | Assessed CR | Tax Rate +0.202582% |
| Year 2016 | Assessed Value $57,269 | Land Value $18,000 | Improvement Value $39,269 | Tax Amount $11,470.3 | Change Rate +0.093004% | Assessed CR | Tax Rate +0.200288% |
| Year 2015 | Assessed Value $57,269 | Land Value $18,000 | Improvement Value $39,269 | Tax Amount $10,494.29 | Change Rate -0.065858% | Assessed CR | Tax Rate +0.183246% |
| Year 2014 | Assessed Value $60,549 | Land Value $15,000 | Improvement Value $45,549 | Tax Amount $11,234.15 | Change Rate +0.06646% | Assessed CR | Tax Rate +0.185538% |
| Year 2013 | Assessed Value $60,549 | Land Value $15,000 | Improvement Value $45,549 | Tax Amount $10,534.06 | Change Rate | Assessed CR | Tax Rate +0.173976% |