Taxes
- Assessed Value: $49,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 17-08-126-016-0000
- Assessed Land Value: 15556
- Market Land Value: 155560
- Tax Amount: 10645
- Tax Year: 2023
- Market Value: 490000
- Market Year: 2025
1240 W Race Ave; Chicago, IL Property Details
Off market
1240 W Race Ave Chicago, IL 60642
$300,000 Listing Price
4 Beds
2 Baths
1,848 SqFt
Property Type
Duplex 2 UnitsProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1869
- Purchase Price: $300,000
- Open Loans / Balance: 1 / $341,263
- Est. Equity / %: $301,737 / 46.93%
- APN: 17-08-126-016-0000
- Situs County: Cook
- Length Of Ownership: 12 years, 3 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 8
Structure
- Building Style: Frame
- Stories: 2
- Exterior Wall Type: Wood
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
Measurements
- Total: 1,848/SqFt
- Lot: 2,088/SqFt
- Gross: 1,848/SqFt
- Living: 1,848/SqFt
- Building: 1,848/SqFt
- Price Per Square Foot: $162.34
Legal Description
- Description: (SUBDIVISION) OF BLKS2-3 IN SUB OF LT E OF CIRCUIT COURT PARTN OF NW SEC 08-39-14
Building Insights
Land Information
- Property Type: Duplex 2 Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chicago Public School District 299
- Lat / Lon: 41.891983 / -87.65907
- Subdivision: Subdivision Of Blks2-3 In Sub Of Lt E
- Property Class: Residential
- Zoning: RS-3
- County Use Code: 2-11
Amenities
- Plus Four: 6474
- Cooling: Yes
- Garage: None
Ownership Info
1240 W Race Ave has no associated ownership info
1240 W Race Ave has no associated ownership info.
Taxes
1240 W Race Ave has 10 associated Taxes items
1240 W Race Ave, 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 $49,000. The APN we've located for 1240 W Race Ave is 17-08-126-016-0000.
Unlock the full reportTax History
1240 W Race Ave 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 $49,000 | Land Value $15,556 | Improvement Value $33,444 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $49,000 | Land Value $15,556 | Improvement Value $33,444 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $10,645 | Change Rate +0.028898% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $50,301 | Land Value $12,528 | Improvement Value $37,773 | Tax Amount $10,346.02 | Change Rate +0.022831% | Assessed CR | Tax Rate +0.205682% |
| Year 2021 | Assessed Value $50,301 | Land Value $12,528 | Improvement Value $37,773 | Tax Amount $10,115.08 | Change Rate +0.189384% | Assessed CR | Tax Rate +0.201091% |
| Year 2020 | Assessed Value $38,176 | Land Value $7,099 | Improvement Value $31,077 | Tax Amount $8,504.47 | Change Rate -0.013191% | Assessed CR | Tax Rate +0.22277% |
| Year 2019 | Assessed Value $42,895 | Land Value $7,099 | Improvement Value $35,796 | Tax Amount $8,618.15 | Change Rate -0.058143% | Assessed CR | Tax Rate +0.200913% |
| Year 2018 | Assessed Value $46,322 | Land Value $7,099 | Improvement Value $39,223 | Tax Amount $9,150.17 | Change Rate +0.493618% | Assessed CR | Tax Rate +0.197534% |
| Year 2017 | Assessed Value $28,458 | Land Value $6,264 | Improvement Value $22,194 | Tax Amount $6,126.18 | Change Rate +0.019558% | Assessed CR | Tax Rate +0.215271% |
| Year 2016 | Assessed Value $30,000 | Land Value $6,264 | Improvement Value $23,736 | Tax Amount $6,008.66 | Change Rate -0.085067% | Assessed CR | Tax Rate +0.200289% |
| Year 2015 | Assessed Value $35,839 | Land Value $6,264 | Improvement Value $29,575 | Tax Amount $6,567.32 | Change Rate +1.528304% | Assessed CR | Tax Rate +0.183245% |
| Year 2014 | Assessed Value $14,000 | Land Value $5,220 | Improvement Value $8,780 | Tax Amount $2,597.52 | Change Rate +0.020148% | Assessed CR | Tax Rate +0.185537% |
| Year 2013 | Assessed Value $14,000 | Land Value $5,220 | Improvement Value $8,780 | Tax Amount $2,546.22 | Change Rate | Assessed CR | Tax Rate +0.181873% |