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515 W 40th Pl; Chicago, IL Property Details

515 W 40th Pl, Chicago, IL is a Duplex 2 Units that was built in 1879. This property is currently Financed and is not for sale. Our records show that 515 W 40th Pl has 4 bedrooms, and 2 bathrooms, and a total of 2,280 square feet. The lot size of 515 W 40th Pl is 2,400 square feet.

For Rent
515 W 40th Pl Chicago, IL 60609
$24,656 Estimated Value
4 Beds
2 Baths
2,280 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1879
  • Purchase Price: $179,000
  • Open Loans / Balance: 1 / $1,001,765
  • Est. Equity / %: $-698,765 / -230.62%
  • APN: 20-04-110-023-0000
  • Situs County: Cook
  • Length Of Ownership: 6 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 2,280/SqFt
  • Lot: 2,400/SqFt
  • Gross: 2,280/SqFt
  • Living: 2,280/SqFt
  • Building: 2,280/SqFt
  • Price Per Square Foot: $78.51

Legal Description

  • Description: (SUBDIVISION) OF LTS 3-10 OF BLK 3 OF TAYLOR & KREIGH S SUB OF EH NW SEC 04-38-14
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.820618 / -87.6392
  • Subdivision: Subdivision Of Lts 3-10 Of Blk 3 Of Ta
  • Property Class: Residential
  • Zoning: M2-3
  • County Use Code: 2-11

Amenities

  • Plus Four: 2701
  • Cooling: Yes
  • Garage: None
  • Heating: Yes

Ownership Info

515 W 40th Pl has no associated ownership info
515 W 40th Pl has no associated ownership info.

Taxes

515 W 40th Pl has 10 associated Taxes items

515 W 40th Pl, 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 $24,656. The APN we've located for 515 W 40th Pl is 20-04-110-023-0000.

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Taxes
  • Assessed Value:  $24,656
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  20-04-110-023-0000
  • Assessed Land Value:  1920
  • Market Land Value:  19200
  • Tax Amount:  3941
  • Tax Year:  2023
  • Market Value:  246560
  • Market Year:  2025

Tax History

515 W 40th Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,656 Land Value $1,920 Improvement Value $22,736 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $24,656 Land Value $1,920 Improvement Value $22,736 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $3,941 Change Rate +0.025781% Assessed CR Tax Rate
Year 2022 Assessed Value $18,679 Land Value $2,400 Improvement Value $16,279 Tax Amount $3,841.95 Change Rate +0.022843% Assessed CR Tax Rate +0.205683%
Year 2021 Assessed Value $18,679 Land Value $2,400 Improvement Value $16,279 Tax Amount $3,756.15 Change Rate +0.02627% Assessed CR Tax Rate +0.201089%
Year 2020 Assessed Value $19,532 Land Value $2,400 Improvement Value $17,132 Tax Amount $3,660 Change Rate -0.029301% Assessed CR Tax Rate +0.187385%
Year 2019 Assessed Value $22,196 Land Value $2,400 Improvement Value $19,796 Tax Amount $3,770.48 Change Rate +0.017445% Assessed CR Tax Rate +0.169872%
Year 2018 Assessed Value $22,196 Land Value $2,400 Improvement Value $19,796 Tax Amount $3,705.83 Change Rate -0.059432% Assessed CR Tax Rate +0.166959%
Year 2017 Assessed Value $21,678 Land Value $2,160 Improvement Value $19,518 Tax Amount $3,939.99 Change Rate +0.02558% Assessed CR Tax Rate +0.181751%
Year 2016 Assessed Value $21,678 Land Value $2,160 Improvement Value $19,518 Tax Amount $3,841.72 Change Rate +0.100234% Assessed CR Tax Rate +0.177217%
Year 2015 Assessed Value $21,678 Land Value $2,160 Improvement Value $19,518 Tax Amount $3,491.73 Change Rate +0.099813% Assessed CR Tax Rate +0.161073%
Year 2014 Assessed Value $19,680 Land Value $2,040 Improvement Value $17,640 Tax Amount $3,174.84 Change Rate +0.023798% Assessed CR Tax Rate +0.161323%
Year 2013 Assessed Value $19,680 Land Value $2,040 Improvement Value $17,640 Tax Amount $3,101.04 Change Rate Assessed CR Tax Rate +0.157573%