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501 W Root St; Chicago, IL Property Details

501 W Root St, Chicago, IL is a Industrial (General) that was built in 1983. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 501 W Root St has a total of 3,145 square feet. The lot size of 501 W Root St is 6,452 square feet.

Off market
505 W Root St Chicago, IL 60609
$57,750 Estimated Value
3,145 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $125,000
  • APN: 20-04-121-046-0000
  • Situs County: Cook
  • Length Of Ownership: 15 years, 5 months

Measurements

  • Total: 3,145/SqFt
  • Lot: 6,452/SqFt
  • Gross: 3,145/SqFt
  • Living: 3,145/SqFt
  • Building: 3,145/SqFt
  • Price Per Square Foot: $39.75
Building Insights

Land Information

  • Property Type: Industrial (General)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.818756 / -87.638695
  • Subdivision: Taylor & Kreights
  • Property Class: Industrial
  • Zoning: RS-3
  • County Use Code: 5-93

Amenities

  • Plus Four: 2733

Ownership Info

505 W Root St has no associated ownership info
505 W Root St has no associated ownership info.

Taxes

505 W Root St has 10 associated Taxes items

501 W Root 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 $57,750. The APN we've located for 501 W Root St is 20-04-121-046-0000.

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Taxes
  • Assessed Value:  $57,750
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  20-04-121-046-0000
  • Assessed Land Value:  24195
  • Market Land Value:  96780
  • Tax Amount:  11602.39
  • Tax Year:  2024
  • Market Value:  231000
  • Market Year:  2025

Tax History

505 W Root St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,750 Land Value $24,195 Improvement Value $33,555 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $11,602.39 Change Rate +0.047431% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $11,077 Change Rate +0.02581% Assessed CR Tax Rate
Year 2022 Assessed Value $52,503 Land Value $6,452 Improvement Value $46,051 Tax Amount $10,798.3 Change Rate +0.02283% Assessed CR Tax Rate +0.20567%
Year 2021 Assessed Value $52,500 Land Value $6,452 Improvement Value $46,048 Tax Amount $10,557.28 Change Rate -0.057569% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $50,286 Land Value $6,452 Improvement Value $43,834 Tax Amount $11,202.18 Change Rate +0.118552% Assessed CR Tax Rate +0.222769%
Year 2019 Assessed Value $49,847 Land Value $6,452 Improvement Value $43,395 Tax Amount $10,014.89 Change Rate +0.017103% Assessed CR Tax Rate +0.200913%
Year 2018 Assessed Value $49,847 Land Value $6,452 Improvement Value $43,395 Tax Amount $9,846.49 Change Rate +0.492238% Assessed CR Tax Rate +0.197534%
Year 2017 Assessed Value $30,652 Land Value $5,645 Improvement Value $25,007 Tax Amount $6,598.47 Change Rate +2.102141% Assessed CR Tax Rate +0.21527%
Year 2016 Assessed Value $10,620 Land Value $5,645 Improvement Value $4,975 Tax Amount $2,127.07 Change Rate +0.092795% Assessed CR Tax Rate +0.200289%
Year 2015 Assessed Value $10,622 Land Value $5,645 Improvement Value $4,977 Tax Amount $1,946.45 Change Rate -0.278834% Assessed CR Tax Rate +0.183247%
Year 2014 Assessed Value $14,547 Land Value $5,645 Improvement Value $8,902 Tax Amount $2,699.03 Change Rate +0.020925% Assessed CR Tax Rate +0.185539%
Year 2013 Assessed Value $14,536 Land Value $5,645 Improvement Value $8,891 Tax Amount $2,643.71 Change Rate Assessed CR Tax Rate +0.181873%