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242 W Concord Ln; Chicago, IL Property Details

242 W Concord Ln, Chicago, IL is a Condominium that was built in 1980. This property is currently Financed and is not for sale. Our records show that 242 W Concord Ln has 4 bedrooms, and 4 bathrooms, and a total of 3,200 square feet. The lot size of 242 W Concord Ln is 34,815 square feet.

Off market
242 W Concord Ln Chicago, IL 60614
$116,940 Estimated Value
4 Beds
4 Baths
3,200 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1980
  • Purchase Price: $979,000
  • Open Loans / Balance: 1 / $269,211
  • Est. Equity / %: $1,041,789 / 79.47%
  • Gross Yield: 11.263%
  • APN: 14-33-422-070-1002
  • Situs County: Cook
  • Length Of Ownership: 19 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Stories: 3

Measurements

  • Total: 3,200/SqFt
  • Lot: 34,815/SqFt
  • Gross: 3,200/SqFt
  • Living: 3,200/SqFt
  • Building: 3,200/SqFt
  • Price Per Square Foot: $305.94

Legal Description

  • Description: UNIT 2 IN CONCORD LANE CONDO IN SE4 OF SEC33 T40N R14E 3P
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.911892 / -87.635765
  • Subdivision: Concord Lane Condo
  • Property Class: Residential
  • Zoning: RM-5,PD 89
  • County Use Code: 2-99

Amenities

  • Plus Four: 5743

HOA

  • H O A One: $779
  • H O A Amount: $779
  • H O A One Frequency: Monthly
  • H O A One Name: Concord Lane Condominium
  • H O A One Type: Condo Owner Association

Ownership Info

242 W Concord Ln has no associated ownership info
242 W Concord Ln has no associated ownership info.

Taxes

242 W Concord Ln has 10 associated Taxes items

242 W Concord Ln, 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 $116,940. The APN we've located for 242 W Concord Ln is 14-33-422-070-1002.

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Taxes
  • Assessed Value:  $116,940
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  14-33-422-070-1002
  • Assessed Land Value:  28547
  • Market Land Value:  285470
  • Tax Amount:  25116
  • Tax Year:  2023
  • Market Value:  1169400
  • Market Year:  2025

Tax History

242 W Concord Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $116,940 Land Value $28,547 Improvement Value $88,393 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $116,940 Land Value $28,547 Improvement Value $88,393 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $25,116 Change Rate +0.025805% Assessed CR Tax Rate
Year 2022 Assessed Value $119,040 Land Value $23,021 Improvement Value $96,019 Tax Amount $24,484.19 Change Rate +0.022833% Assessed CR Tax Rate +0.20568%
Year 2021 Assessed Value $119,039 Land Value $23,021 Improvement Value $96,018 Tax Amount $23,937.62 Change Rate +0.016218% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $105,740 Land Value $20,258 Improvement Value $85,482 Tax Amount $23,555.59 Change Rate +0.020918% Assessed CR Tax Rate +0.222769%
Year 2019 Assessed Value $114,841 Land Value $20,258 Improvement Value $94,583 Tax Amount $23,072.96 Change Rate +0.017102% Assessed CR Tax Rate +0.200912%
Year 2018 Assessed Value $114,841 Land Value $20,258 Improvement Value $94,583 Tax Amount $22,684.99 Change Rate +0.131625% Assessed CR Tax Rate +0.197534%
Year 2017 Assessed Value $93,122 Land Value $16,575 Improvement Value $76,547 Tax Amount $20,046.39 Change Rate +0.074798% Assessed CR Tax Rate +0.21527%
Year 2016 Assessed Value $93,122 Land Value $16,575 Improvement Value $76,547 Tax Amount $18,651.31 Change Rate +0.093007% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $93,122 Land Value $16,575 Improvement Value $76,547 Tax Amount $17,064.22 Change Rate +0.045737% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $87,949 Land Value $12,431 Improvement Value $75,518 Tax Amount $16,317.89 Change Rate +0.020143% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $87,949 Land Value $12,431 Improvement Value $75,518 Tax Amount $15,995.69 Change Rate Assessed CR Tax Rate +0.181875%