Taxes
- Assessed Value: $5,022,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 17-09-453-012-0000
- Assessed Land Value: 845250
- Market Land Value: 3381000
- Tax Amount: 1008958.88
- Tax Year: 2024
- Market Value: 20088000
- Market Year: 2025
28 N Franklin St; Chicago, IL Property Details
Off market
28 N Franklin St Chicago, IL 60606
$5,022,000 Estimated Value
134,147 SqFt
Property Type
MotelProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2014
- Purchase Price: $68,650,000
- APN: 17-09-453-012-0000
- Situs County: Cook
- Length Of Ownership: 9 years, 9 months
Structure
- Stories: 4
Measurements
- Total: 134,147/SqFt
- Lot: 8,050/SqFt
- Gross: 134,147/SqFt
- Living: 134,147/SqFt
- Building: 134,147/SqFt
- Price Per Square Foot: $511.75
Legal Description
- Description: F C (SHERMANS) SUB OF LT1 & E1/4 LT2 IN BLK53 OF ORIG INAL TOWN OF CHGO IN SE & SW SEC 09-39-14
Building Insights
Land Information
- Property Type: Motel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chicago Public School District 299
- Lat / Lon: 41.88272 / -87.63564
- Subdivision: Shermans Sub
- Property Class: Commercial
- Zoning: DC-16
- County Use Code: 5-29
Amenities
- Plus Four: 3618
Ownership Info
28 N Franklin St has no associated ownership info
28 N Franklin St has no associated ownership info.
Taxes
28 N Franklin St has 10 associated Taxes items
28 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 $5,022,000. The APN we've located for 28 N Franklin St is 17-09-453-012-0000.
Unlock the full reportTax History
28 N Franklin St 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 $5,022,000 | Land Value $845,250 | Improvement Value $4,176,750 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,008,958.88 | Change Rate +0.193917% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $845,083 | Change Rate +0.025807% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $4,005,319 | Land Value $855,313 | Improvement Value $3,150,006 | Tax Amount $823,822.75 | Change Rate +0.022833% | Assessed CR | Tax Rate +0.205682% |
| Year 2021 | Assessed Value $4,005,317 | Land Value $855,312 | Improvement Value $3,150,005 | Tax Amount $805,432.44 | Change Rate -0.294896% | Assessed CR | Tax Rate +0.201091% |
| Year 2020 | Assessed Value $5,127,679 | Land Value $855,312 | Improvement Value $4,272,367 | Tax Amount $1,142,288.75 | Change Rate -0.334091% | Assessed CR | Tax Rate +0.222769% |
| Year 2019 | Assessed Value $8,537,964 | Land Value $855,312 | Improvement Value $7,682,652 | Tax Amount $1,715,382.88 | Change Rate +0.017105% | Assessed CR | Tax Rate +0.200912% |
| Year 2018 | Assessed Value $8,537,964 | Land Value $855,312 | Improvement Value $7,682,652 | Tax Amount $1,686,535.38 | Change Rate +0.110403% | Assessed CR | Tax Rate +0.197534% |
| Year 2017 | Assessed Value $7,055,566 | Land Value $754,687 | Improvement Value $6,300,879 | Tax Amount $1,518,850.12 | Change Rate +0.074798% | Assessed CR | Tax Rate +0.21527% |
| Year 2016 | Assessed Value $7,055,566 | Land Value $754,687 | Improvement Value $6,300,879 | Tax Amount $1,413,149.75 | Change Rate +0.758181% | Assessed CR | Tax Rate +0.200289% |
| Year 2015 | Assessed Value $4,386,220 | Land Value $754,687 | Improvement Value $3,631,533 | Tax Amount $803,756.81 | Change Rate +10.400062% | Assessed CR | Tax Rate +0.183246% |
| Year 2014 | Assessed Value $380,000 | Land Value $377,615 | Improvement Value $2,385 | Tax Amount $70,504.6 | Change Rate +0.020144% | Assessed CR | Tax Rate +0.185538% |
| Year 2013 | Assessed Value $380,000 | Land Value $377,615 | Improvement Value $2,385 | Tax Amount $69,112.38 | Change Rate | Assessed CR | Tax Rate +0.181875% |