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54 W 116th St; Chicago, IL Property Details

54 W 116th St, Chicago, IL is a Duplex 2 Units that was built in 1892. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 54 W 116th St has 5 bedrooms, and 3 bathrooms, and a total of 1,952 square feet. The lot size of 54 W 116th St is 3,125 square feet.

Off market
54 W 116th St Chicago, IL 60628
$8,200 Estimated Value
5 Beds
3 Baths
1,952 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1892
  • Purchase Price: $10,000
  • Est. Equity / %: $260,000 / 100%
  • APN: 25-21-406-026-0000
  • Situs County: Cook
  • Length Of Ownership: 15 years, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,952/SqFt
  • Lot: 3,125/SqFt
  • Gross: 1,952/SqFt
  • Living: 1,952/SqFt
  • Building: 1,952/SqFt
  • Price Per Square Foot: $5.12

Legal Description

  • Description: JAMES M (DAVIS) ADD TO PULLMAN SUB OF BLKS 1 & 2 OF A LLENS SUB OF W 49ACS OF PT EH SE SEC 21-37-14
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: 41.68278 / -87.62491
  • Subdivision: Davis Add
  • Property Class: Residential
  • Zoning: RS-3
  • County Use Code: 2-11

Amenities

  • Plus Four: 5550
  • Cooling: Yes
  • Garage: None
  • Heating: Yes

Ownership Info

54 W 116th St has no associated ownership info
54 W 116th St has no associated ownership info.

Taxes

54 W 116th St has 10 associated Taxes items

54 W 116th 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 $8,200. The APN we've located for 54 W 116th St is 25-21-406-026-0000.

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Taxes
  • Assessed Value:  $8,200
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  25-21-406-026-0000
  • Assessed Land Value:  1875
  • Market Land Value:  18750
  • Tax Amount:  1651.78
  • Tax Year:  2024
  • Market Value:  82000
  • Market Year:  2025

Tax History

54 W 116th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $8,200 Land Value $1,875 Improvement Value $6,325 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,651.78 Change Rate +1.79489% Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $591 Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $2,794 Land Value $1,250 Improvement Value $1,544 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $2,794 Land Value $1,250 Improvement Value $1,544 Tax Amount $490.36 Change Rate Assessed CR Tax Rate +0.175505%
Year 2020 Assessed Value $5,298 Land Value $1,718 Improvement Value $3,580 Tax Amount $490.36 Change Rate -0.035408% Assessed CR Tax Rate +0.092556%
Year 2019 Assessed Value $5,953 Land Value $1,718 Improvement Value $4,235 Tax Amount $508.36 Change Rate +0.019595% Assessed CR Tax Rate +0.085396%
Year 2018 Assessed Value $5,953 Land Value $1,718 Improvement Value $4,235 Tax Amount $498.59 Change Rate -0.661815% Assessed CR Tax Rate +0.083754%
Year 2017 Assessed Value $10,209 Land Value $1,562 Improvement Value $8,647 Tax Amount $1,474.31 Change Rate -0.047776% Assessed CR Tax Rate +0.144413%
Year 2016 Assessed Value $10,209 Land Value $1,562 Improvement Value $8,647 Tax Amount $1,548.28 Change Rate +0.111049% Assessed CR Tax Rate +0.151658%
Year 2015 Assessed Value $10,209 Land Value $1,562 Improvement Value $8,647 Tax Amount $1,393.53 Change Rate +1.08731% Assessed CR Tax Rate +0.1365%
Year 2014 Assessed Value $6,158 Land Value $1,406 Improvement Value $4,752 Tax Amount $667.62 Change Rate -0.433221% Assessed CR Tax Rate +0.108415%
Year 2013 Assessed Value $9,091 Land Value $1,406 Improvement Value $7,685 Tax Amount $1,177.92 Change Rate Assessed CR Tax Rate +0.12957%