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2040 W Mclean Ave; Chicago, IL Property Details

2040 W Mclean Ave, Chicago, IL is a Triplex 3 Units that was built in 1892. This property is currently Financed and is not for sale. Our records show that 2040 W Mclean Ave has 12 bedrooms, and 4 bathrooms, and a total of 4,200 square feet. The lot size of 2040 W Mclean Ave is 2,400 square feet.

Off market
2040 W Mclean Ave Chicago, IL 60647
$725,000 Listing Price
12 Beds
4 Baths
4,200 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1892
  • Purchase Price: $708,000
  • Open Loans / Balance: 1 / $253,694
  • Est. Equity / %: $981,306 / 79.46%
  • APN: 14-31-135-024-0000
  • Situs County: Cook
  • Length Of Ownership: 11 years, 9 months

Rooms

  • Bedrooms: 12
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 24

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Other

Measurements

  • Total: 4,200/SqFt
  • Lot: 2,400/SqFt
  • Gross: 4,200/SqFt
  • Living: 4,200/SqFt
  • Building: 4,200/SqFt
  • Price Per Square Foot: $168.57

Legal Description

  • Description: (SHERMANS) ADD TO (HOLSTEIN) IN SE NW SEC 31-40-14
Building Insights

Land Information

  • Property Type: Triplex 3 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.91871 / -87.67927
  • Subdivision: Shermans Add To Holstein
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-11

Amenities

  • Plus Four: 4533
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

2040 W Mclean Ave has no associated ownership info
2040 W Mclean Ave has no associated ownership info.

Taxes

2040 W Mclean Ave has 10 associated Taxes items

2040 W Mclean 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 $102,948. The APN we've located for 2040 W Mclean Ave is 14-31-135-024-0000.

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Taxes
  • Assessed Value:  $102,948
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-31-135-024-0000
  • Assessed Land Value:  20880
  • Market Land Value:  208800
  • Tax Amount:  20752.69
  • Tax Year:  2024
  • Market Value:  1029480
  • Market Year:  2025

Tax History

2040 W Mclean Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $102,948 Land Value $20,880 Improvement Value $82,068 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $20,752.69 Change Rate +0.158074% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $17,920 Change Rate +0.025976% Assessed CR Tax Rate
Year 2022 Assessed Value $84,630 Land Value $16,800 Improvement Value $67,830 Tax Amount $17,466.3 Change Rate +0.022961% Assessed CR Tax Rate +0.206384%
Year 2021 Assessed Value $84,630 Land Value $16,800 Improvement Value $67,830 Tax Amount $17,074.26 Change Rate +0.247864% Assessed CR Tax Rate +0.201752%
Year 2020 Assessed Value $61,200 Land Value $10,920 Improvement Value $50,280 Tax Amount $13,682.79 Change Rate -0.002103% Assessed CR Tax Rate +0.223575%
Year 2019 Assessed Value $68,000 Land Value $10,920 Improvement Value $57,080 Tax Amount $13,711.62 Change Rate +0.020796% Assessed CR Tax Rate +0.201641%
Year 2018 Assessed Value $68,000 Land Value $10,920 Improvement Value $57,080 Tax Amount $13,432.28 Change Rate -0.11868% Assessed CR Tax Rate +0.197534%
Year 2017 Assessed Value $70,800 Land Value $9,600 Improvement Value $61,200 Tax Amount $15,241.09 Change Rate +0.074794% Assessed CR Tax Rate +0.21527%
Year 2016 Assessed Value $70,800 Land Value $9,600 Improvement Value $61,200 Tax Amount $14,180.47 Change Rate +0.093007% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $70,800 Land Value $9,600 Improvement Value $61,200 Tax Amount $12,973.82 Change Rate +0.353595% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $51,659 Land Value $8,400 Improvement Value $43,259 Tax Amount $9,584.71 Change Rate +0.020146% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $51,659 Land Value $8,400 Improvement Value $43,259 Tax Amount $9,395.43 Change Rate Assessed CR Tax Rate +0.181874%