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40 S Desplaines St; Chicago, IL Property Details

40 S Desplaines St, Chicago, IL is a General that was built in 1987. This property is currently Financed and is not for sale. The lot size of 40 S Desplaines St is 19,860 square feet.

Off market
40 S Desplaines St Chicago, IL 60661
$517,275 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1987
  • Purchase Price: $53,000,000
  • Open Loans: 1
  • APN: 17-16-100-046-0000
  • Situs County: Cook
  • Length Of Ownership: 3 years, 6 months

Measurements

  • Lot: 19,860/SqFt
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: 41.881435 / -87.64445
  • Subdivision: School Sec Add
  • Property Class: Commercial
  • Zoning: PD 233
  • County Use Code: 5-90

Ownership Info

40 S Desplaines St has no associated ownership info
40 S Desplaines St has no associated ownership info.

Taxes

40 S Desplaines St has 10 associated Taxes items

40 S Desplaines 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 $517,275. The APN we've located for 40 S Desplaines St is 17-16-100-046-0000.

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Taxes
  • Assessed Value:  $517,275
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  17-16-100-046-0000
  • Assessed Land Value:  496500
  • Market Land Value:  1986000
  • Tax Amount:  104308.73
  • Tax Year:  2024
  • Market Value:  2069100
  • Market Year:  2025

Tax History

40 S Desplaines St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $517,275 Land Value $496,500 Improvement Value $20,775 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $104,308.73 Change Rate +0.097282% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $95,061 Change Rate +0.025829% Assessed CR Tax Rate
Year 2022 Assessed Value $449,006 Land Value $428,231 Improvement Value $20,775 Tax Amount $92,667.45 Change Rate +0.022962% Assessed CR Tax Rate +0.206384%
Year 2021 Assessed Value $449,005 Land Value $428,231 Improvement Value $20,774 Tax Amount $90,587.37 Change Rate -0.070261% Assessed CR Tax Rate +0.201751%
Year 2020 Assessed Value $435,922 Land Value $428,231 Improvement Value $7,691 Tax Amount $97,433.17 Change Rate +0.173577% Assessed CR Tax Rate +0.223511%
Year 2019 Assessed Value $411,852 Land Value $409,612 Improvement Value $2,240 Tax Amount $83,022.36 Change Rate -0.038964% Assessed CR Tax Rate +0.201583%
Year 2018 Assessed Value $435,922 Land Value $428,231 Improvement Value $7,691 Tax Amount $86,388.41 Change Rate +0.01724% Assessed CR Tax Rate +0.198174%
Year 2017 Assessed Value $393,149 Land Value $372,375 Improvement Value $20,774 Tax Amount $84,924.33 Change Rate +0.078496% Assessed CR Tax Rate +0.216011%
Year 2016 Assessed Value $393,149 Land Value $372,375 Improvement Value $20,774 Tax Amount $78,743.26 Change Rate +0.093005% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $393,149 Land Value $372,375 Improvement Value $20,774 Tax Amount $72,042.93 Change Rate -0.012356% Assessed CR Tax Rate +0.183246%
Year 2014 Assessed Value $393,149 Land Value $372,375 Improvement Value $20,774 Tax Amount $72,944.25 Change Rate +0.020144% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $393,149 Land Value $372,375 Improvement Value $20,774 Tax Amount $71,503.85 Change Rate Assessed CR Tax Rate +0.181875%