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3224 N Panama Ave; Chicago, IL Property Details

3224 N Panama Ave, Chicago, IL is a Single Family that was built in 1937. This property is currently Financed and is not for sale. Our records show that 3224 N Panama Ave has 3 bedrooms, and 1 bathroom, and a total of 1,190 square feet. The lot size of 3224 N Panama Ave is 5,000 square feet.

Off market
3224 N Panama Ave Chicago, IL 60634
$29,951 Estimated Value
3 Beds
1 Baths
1,190 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1937
  • Purchase Price: $140,000
  • Est. Equity / %: $324,000 / 100%
  • Gross Yield: 10.948%
  • APN: 12-23-428-040-0000
  • Situs County: Cook
  • Length Of Ownership: 15 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,190/SqFt
  • Lot: 5,000/SqFt
  • Gross: 1,190/SqFt
  • Living: 1,190/SqFt
  • Building: 1,190/SqFt
  • Price Per Square Foot: $117.65

Legal Description

  • Description: (FEUERBORN) & (KLODES)(BELMONT) TERRACE SUB OF S OF I BL SE SEC 23-40-12
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: 41.938522 / -87.82905
  • Subdivision: Feuerborn & Klodes Belmont
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-05

Amenities

  • Plus Four: 2919
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $216
  • H O A Amount: $216
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

3224 N Panama Ave has no associated ownership info
3224 N Panama Ave has no associated ownership info.

Taxes

3224 N Panama Ave has 10 associated Taxes items

3224 N Panama 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 $29,951. The APN we've located for 3224 N Panama Ave is 12-23-428-040-0000.

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Taxes
  • Assessed Value:  $29,951
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-23-428-040-0000
  • Assessed Land Value:  12500
  • Market Land Value:  125000
  • Tax Amount:  4368
  • Tax Year:  2023
  • Market Value:  299510
  • Market Year:  2025

Tax History

3224 N Panama Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,951 Land Value $12,500 Improvement Value $17,451 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $29,951 Land Value $12,500 Improvement Value $17,451 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $4,368 Change Rate +0.031093% Assessed CR Tax Rate
Year 2022 Assessed Value $24,000 Land Value $10,000 Improvement Value $14,000 Tax Amount $4,236.28 Change Rate +0.018341% Assessed CR Tax Rate +0.176512%
Year 2021 Assessed Value $24,005 Land Value $10,005 Improvement Value $14,000 Tax Amount $4,159.98 Change Rate -0.127349% Assessed CR Tax Rate +0.173296%
Year 2020 Assessed Value $24,489 Land Value $6,250 Improvement Value $18,239 Tax Amount $4,767.06 Change Rate -0.00287% Assessed CR Tax Rate +0.194661%
Year 2019 Assessed Value $27,211 Land Value $6,250 Improvement Value $20,961 Tax Amount $4,780.78 Change Rate +0.017356% Assessed CR Tax Rate +0.175693%
Year 2018 Assessed Value $27,211 Land Value $6,250 Improvement Value $20,961 Tax Amount $4,699.22 Change Rate +0.117367% Assessed CR Tax Rate +0.172696%
Year 2017 Assessed Value $22,901 Land Value $5,500 Improvement Value $17,401 Tax Amount $4,205.62 Change Rate +0.028536% Assessed CR Tax Rate +0.183644%
Year 2016 Assessed Value $22,901 Land Value $5,500 Improvement Value $17,401 Tax Amount $4,088.94 Change Rate +0.099778% Assessed CR Tax Rate +0.178549%
Year 2015 Assessed Value $22,901 Land Value $5,500 Improvement Value $17,401 Tax Amount $3,717.97 Change Rate +0.034496% Assessed CR Tax Rate +0.16235%
Year 2014 Assessed Value $21,925 Land Value $5,000 Improvement Value $16,925 Tax Amount $3,593.99 Change Rate +0.023357% Assessed CR Tax Rate +0.163922%
Year 2013 Assessed Value $21,925 Land Value $5,000 Improvement Value $16,925 Tax Amount $3,511.96 Change Rate Assessed CR Tax Rate +0.160181%