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2831 S Farrell St; Chicago, IL Property Details

2831 S Farrell St, Chicago, IL is a Single Family that was built in 1878. This property is currently a cash purchase and is not for sale. Our records show that 2831 S Farrell St has 3 bedrooms, and 1 bathroom, and a total of 1,050 square feet. The lot size of 2831 S Farrell St is 2,645 square feet.

Off market
2831 S Farrell St Chicago, IL 60608
$27,000 Estimated Value
3 Beds
1 Baths
1,050 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1878
  • Purchase Price: $123,500
  • Est. Equity / %: $496,000 / 100%
  • Gross Yield: 6.798%
  • APN: 17-29-412-017-0000
  • Situs County: Cook
  • Length Of Ownership: 23 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,050/SqFt
  • Lot: 2,645/SqFt
  • Gross: 1,050/SqFt
  • Living: 1,050/SqFt
  • Building: 1,050/SqFt
  • Ground: 1,050/SqFt
  • Price Per Square Foot: $117.62

Legal Description

  • Description: (SUBDIVISION) OF LT 1 IN BLK 25 IN CANAL TRUSTEES SUB OF BLKS IN SEC 29-39-14
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.842308 / -87.65414
  • Subdivision: Canal Trustees Sub
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-03

Amenities

  • Plus Four: 5619
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

2831 S Farrell St has no associated ownership info
2831 S Farrell St has no associated ownership info.

Taxes

2831 S Farrell St has 10 associated Taxes items

2831 S Farrell 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 $27,000. The APN we've located for 2831 S Farrell St is 17-29-412-017-0000.

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Taxes
  • Assessed Value:  $27,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  17-29-412-017-0000
  • Assessed Land Value:  13093
  • Market Land Value:  130930
  • Tax Amount:  4016
  • Tax Year:  2023
  • Market Value:  270000
  • Market Year:  2025

Tax History

2831 S Farrell St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,000 Land Value $13,093 Improvement Value $13,907 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $27,000 Land Value $13,093 Improvement Value $13,907 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $4,016 Change Rate +0.036176% Assessed CR Tax Rate
Year 2022 Assessed Value $25,000 Land Value $10,580 Improvement Value $14,420 Tax Amount $3,875.79 Change Rate +0.014116% Assessed CR Tax Rate +0.155032%
Year 2021 Assessed Value $25,000 Land Value $10,580 Improvement Value $14,420 Tax Amount $3,821.84 Change Rate +0.131381% Assessed CR Tax Rate +0.152874%
Year 2020 Assessed Value $20,748 Land Value $8,464 Improvement Value $12,284 Tax Amount $3,378.03 Change Rate -0.004001% Assessed CR Tax Rate +0.162812%
Year 2019 Assessed Value $23,054 Land Value $8,464 Improvement Value $14,590 Tax Amount $3,391.6 Change Rate +0.017744% Assessed CR Tax Rate +0.147115%
Year 2018 Assessed Value $23,054 Land Value $8,464 Improvement Value $14,590 Tax Amount $3,332.47 Change Rate +0.27815% Assessed CR Tax Rate +0.144551%
Year 2017 Assessed Value $18,187 Land Value $6,612 Improvement Value $11,575 Tax Amount $2,607.26 Change Rate -0.284243% Assessed CR Tax Rate +0.143358%
Year 2016 Assessed Value $18,187 Land Value $6,612 Improvement Value $11,575 Tax Amount $3,642.66 Change Rate +0.45204% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $18,187 Land Value $6,612 Improvement Value $11,575 Tax Amount $2,508.65 Change Rate -0.022894% Assessed CR Tax Rate +0.137936%
Year 2014 Assessed Value $18,241 Land Value $5,290 Improvement Value $12,951 Tax Amount $2,567.43 Change Rate +0.027914% Assessed CR Tax Rate +0.140751%
Year 2013 Assessed Value $18,241 Land Value $5,290 Improvement Value $12,951 Tax Amount $2,497.71 Change Rate Assessed CR Tax Rate +0.136928%