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523 W 40th Pl; Chicago, IL Property Details

523 W 40th Pl, Chicago, IL is a Single Family that was built in 1873. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 523 W 40th Pl has 3 bedrooms, and 1 bathroom, and a total of 1,008 square feet. The lot size of 523 W 40th Pl is 3,000 square feet.

Off market
523 W 40th Pl Chicago, IL 60609
$19,000 Estimated Value
3 Beds
1 Baths
1,008 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1873
  • Purchase Price: $220,000
  • Est. Equity / %: $377,000 / 100%
  • Gross Yield: 9.457%
  • APN: 20-04-110-020-0000
  • Situs County: Cook
  • Length Of Ownership: 23 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,008/SqFt
  • Lot: 3,000/SqFt
  • Gross: 1,008/SqFt
  • Living: 1,008/SqFt
  • Building: 1,008/SqFt
  • Ground: 1,008/SqFt
  • Price Per Square Foot: $218.25

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: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 41.8206 / -87.63947
  • Subdivision: Subdivision Of Lts 3-10 Of Blk 3 Of Ta
  • Property Class: Residential
  • Zoning: M2-3
  • County Use Code: 2-03

Amenities

  • Plus Four: 2701
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

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

Taxes

523 W 40th Pl has 10 associated Taxes items

523 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 $19,000. The APN we've located for 523 W 40th Pl is 20-04-110-020-0000.

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Taxes
  • Assessed Value:  $19,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  20-04-110-020-0000
  • Assessed Land Value:  2400
  • Market Land Value:  24000
  • Tax Amount:  3798
  • Tax Year:  2023
  • Market Value:  190000
  • Market Year:  2025

Tax History

523 W 40th Pl has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $19,000 Land Value $2,400 Improvement Value $16,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $19,000 Land Value $2,400 Improvement Value $16,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $3,798 Change Rate +0.025846% Assessed CR Tax Rate
Year 2022 Assessed Value $18,000 Land Value $3,000 Improvement Value $15,000 Tax Amount $3,702.31 Change Rate +0.022834% Assessed CR Tax Rate +0.205684%
Year 2021 Assessed Value $18,000 Land Value $3,000 Improvement Value $15,000 Tax Amount $3,619.66 Change Rate +0.043169% Assessed CR Tax Rate +0.201092%
Year 2020 Assessed Value $15,576 Land Value $3,000 Improvement Value $12,576 Tax Amount $3,469.87 Change Rate -0.002102% Assessed CR Tax Rate +0.22277%
Year 2019 Assessed Value $17,307 Land Value $3,000 Improvement Value $14,307 Tax Amount $3,477.18 Change Rate +0.268988% Assessed CR Tax Rate +0.200912%
Year 2018 Assessed Value $17,307 Land Value $3,000 Improvement Value $14,307 Tax Amount $2,740.12 Change Rate +0.05008% Assessed CR Tax Rate +0.158324%
Year 2017 Assessed Value $15,497 Land Value $2,700 Improvement Value $12,797 Tax Amount $2,609.44 Change Rate +0.002201% Assessed CR Tax Rate +0.168384%
Year 2016 Assessed Value $15,497 Land Value $2,700 Improvement Value $12,797 Tax Amount $2,603.71 Change Rate +0.103693% Assessed CR Tax Rate +0.168014%
Year 2015 Assessed Value $15,497 Land Value $2,700 Improvement Value $12,797 Tax Amount $2,359.09 Change Rate +0.044386% Assessed CR Tax Rate +0.152229%
Year 2014 Assessed Value $14,743 Land Value $2,550 Improvement Value $12,193 Tax Amount $2,258.83 Change Rate +0.025287% Assessed CR Tax Rate +0.153214%
Year 2013 Assessed Value $14,743 Land Value $2,550 Improvement Value $12,193 Tax Amount $2,203.12 Change Rate Assessed CR Tax Rate +0.149435%