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161 N Franklin St; Chicago, IL Property Details

161 N Franklin St, Chicago, IL is a Commercial Building that was built in 1975. This property is currently a cash purchase and is not for sale. The lot size of 161 N Franklin St is 2,824 square feet.

Off market
161 N Franklin St Chicago, IL 60606
$4,198,520 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1975
  • Purchase Price: $17,500,000
  • APN: 17-09-431-003-0000
  • Situs County: Cook
  • Length Of Ownership: 10 years, 6 months

Measurements

  • Lot: 2,824/SqFt

Legal Description

  • Description: (ASSESSORS) DIVN OF LTS4-5 IN BLK32 OF ORIGINAL TOWN OF CHICAGO IN THE SE & SW SEC 09-39-14
Building Insights

Land Information

  • Property Type: Commercial Building
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.884888 / -87.63509
  • Subdivision: Assessors Divn Of Lts4-5 In Blk32 Of O
  • Property Class: Commercial
  • Zoning: PD 1239
  • County Use Code: 5-91

Ownership Info

161 N Franklin St has no associated ownership info
161 N Franklin St has no associated ownership info.

Taxes

161 N Franklin St has 10 associated Taxes items

161 N Franklin 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 $4,198,520. The APN we've located for 161 N Franklin St is 17-09-431-003-0000.

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Taxes
  • Assessed Value:  $4,198,520
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  17-09-431-003-0000
  • Assessed Land Value:  105900
  • Market Land Value:  423600
  • Tax Amount:  1254539
  • Tax Year:  2023
  • Market Value:  16794080
  • Market Year:  2025

Tax History

161 N Franklin St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,198,520 Land Value $105,900 Improvement Value $4,092,620 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $4,198,520 Land Value $105,900 Improvement Value $4,092,620 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $1,254,539 Change Rate +0.025806% Assessed CR Tax Rate
Year 2022 Assessed Value $5,945,961 Land Value $317,700 Improvement Value $5,628,261 Tax Amount $1,222,978.62 Change Rate +0.064157% Assessed CR Tax Rate +0.205682%
Year 2021 Assessed Value $5,715,064 Land Value $317,700 Improvement Value $5,397,364 Tax Amount $1,149,246.88 Change Rate -0.012913% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $5,226,404 Land Value $317,700 Improvement Value $4,908,704 Tax Amount $1,164,281.75 Change Rate +0.173993% Assessed CR Tax Rate +0.222769%
Year 2019 Assessed Value $4,936,120 Land Value $317,700 Improvement Value $4,618,420 Tax Amount $991,727.75 Change Rate +1.034882% Assessed CR Tax Rate +0.200912%
Year 2018 Assessed Value $2,467,244 Land Value $189,031 Improvement Value $2,278,213 Tax Amount $487,363.81 Change Rate +21.82574% Assessed CR Tax Rate +0.197534%
Year 2017 Assessed Value $99,185 Land Value $98,840 Improvement Value $345 Tax Amount $21,351.5 Change Rate +0.074798% Assessed CR Tax Rate +0.215269%
Year 2016 Assessed Value $99,185 Land Value $98,840 Improvement Value $345 Tax Amount $19,865.6 Change Rate -0.591856% Assessed CR Tax Rate +0.200288%
Year 2015 Assessed Value $265,616 Land Value $264,750 Improvement Value $866 Tax Amount $48,673.02 Change Rate +1.40755% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $108,963 Land Value $108,632 Improvement Value $331 Tax Amount $20,216.83 Change Rate +0.018471% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $109,142 Land Value $108,632 Improvement Value $510 Tax Amount $19,850.17 Change Rate Assessed CR Tax Rate +0.181875%