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227 E 51st St; Chicago, IL Property Details

227 E 51st St, Chicago, IL is a General that was built in 1898. This property is currently Financed and is not for sale. Our records show that 227 E 51st St has 36 bedrooms, and a total of 25,524 square feet. The lot size of 227 E 51st St is 12,936 square feet.

Off market
227 E 51st St Chicago, IL 60615
$2,600,000 Listing Price
36 Beds
25,524 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1898
  • Purchase Price: $2,250,000
  • Open Loans / Balance: 1 / $230,662
  • Inv. Liens / Amount: 1 / $4,500
  • APN: 20-10-304-011-0000
  • Situs County: Cook
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 36

Structure

  • Stories: 1

Measurements

  • Total: 25,524/SqFt
  • Lot: 12,936/SqFt
  • Gross: 25,524/SqFt
  • Living: 25,524/SqFt
  • Building: 25,524/SqFt
  • Price Per Square Foot: $88.15

Legal Description

  • Description: (SUBDIVISION) BY E (BAYLEY) OF N20ACS OF NE SW SEC 10-38-14
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.80182 / -87.61983
  • Subdivision: Subdivision By E Bayley
  • Property Class: Commercial
  • Zoning: B3-3
  • County Use Code: 3-18

Amenities

  • Plus Four: 3405

Ownership Info

227 E 51st St has no associated ownership info
227 E 51st St has no associated ownership info.

Taxes

227 E 51st St has 10 associated Taxes items

227 E 51st 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 $233,700. The APN we've located for 227 E 51st St is 20-10-304-011-0000.

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Taxes
  • Assessed Value:  $233,700
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  20-10-304-011-0000
  • Assessed Land Value:  19404
  • Market Land Value:  194040
  • Tax Amount:  56482.18
  • Tax Year:  2024
  • Market Value:  2337000
  • Market Year:  2025

Tax History

227 E 51st St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $233,700 Land Value $19,404 Improvement Value $214,296 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $56,482.18 Change Rate +0.209676% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $46,692 Change Rate +0.026811% Assessed CR Tax Rate
Year 2022 Assessed Value $187,592 Land Value $11,642 Improvement Value $175,950 Tax Amount $45,472.82 Change Rate +0.015329% Assessed CR Tax Rate +0.242403%
Year 2021 Assessed Value $187,591 Land Value $11,642 Improvement Value $175,949 Tax Amount $44,786.31 Change Rate +0.188076% Assessed CR Tax Rate +0.238744%
Year 2020 Assessed Value $146,531 Land Value $11,642 Improvement Value $134,889 Tax Amount $37,696.5 Change Rate +0.085962% Assessed CR Tax Rate +0.25726%
Year 2019 Assessed Value $146,531 Land Value $11,642 Improvement Value $134,889 Tax Amount $34,712.55 Change Rate +0.026776% Assessed CR Tax Rate +0.236896%
Year 2018 Assessed Value $146,531 Land Value $11,642 Improvement Value $134,889 Tax Amount $33,807.32 Change Rate +0.032108% Assessed CR Tax Rate +0.230718%
Year 2017 Assessed Value $132,328 Land Value $9,702 Improvement Value $122,626 Tax Amount $32,755.61 Change Rate +2.336149% Assessed CR Tax Rate +0.247533%
Year 2016 Assessed Value $42,761 Land Value $9,702 Improvement Value $33,059 Tax Amount $9,818.39 Change Rate +0.885835% Assessed CR Tax Rate +0.229611%
Year 2015 Assessed Value $24,672 Land Value $9,702 Improvement Value $14,970 Tax Amount $5,206.39 Change Rate -0.386506% Assessed CR Tax Rate +0.211024%
Year 2014 Assessed Value $39,643 Land Value $9,702 Improvement Value $29,941 Tax Amount $8,486.46 Change Rate +0.018421% Assessed CR Tax Rate +0.214072%
Year 2013 Assessed Value $39,643 Land Value $9,702 Improvement Value $29,941 Tax Amount $8,332.96 Change Rate Assessed CR Tax Rate +0.2102%