Taxes
- Assessed Value: $2,130
- Assessed Year: 2025
- Assessed County: Cook
- APN: 25-21-406-025-0000
- Assessed Land Value: 1875
- Market Land Value: 18750
- Tax Amount: 429.07
- Tax Year: 2024
- Market Value: 21300
- Market Year: 2025
56 W 116th St; Chicago, IL Property Details
Off market
56 W 116th St Chicago, IL 60628
$2,130 Estimated Value
Property Type
Residential GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1983
- Est. Equity / %: $263,000 / 100%
- Gross Yield: 10.134%
- APN: 25-21-406-025-0000
- Situs County: Cook
- Length Of Ownership: 13 years
Measurements
- Lot: 3,125/SqFt
Building Insights
Land Information
- Property Type: Residential General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Chicago Public School District 299
- Lat / Lon: 41.682777 / -87.625
- Subdivision: James M Davis Add/Pullman
- Property Class: Residential
- Zoning: RS-3
- County Use Code: 2-01
Amenities
- Plus Four: 5550
Ownership Info
56 W 116th St has no associated ownership info
56 W 116th St has no associated ownership info.
Taxes
56 W 116th St has 10 associated Taxes items
56 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 $2,130. The APN we've located for 56 W 116th St is 25-21-406-025-0000.
Unlock the full reportTax History
56 W 116th St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $2,130 | Land Value $1,875 | Improvement Value $255 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $429.07 | Change Rate +0.393084% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $308 | Change Rate +0.026119% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $1,455 | Land Value $1,250 | Improvement Value $205 | Tax Amount $300.16 | Change Rate +0.02297% | Assessed CR | Tax Rate +0.206296% |
| Year 2021 | Assessed Value $1,455 | Land Value $1,250 | Improvement Value $205 | Tax Amount $293.42 | Change Rate -0.316786% | Assessed CR | Tax Rate +0.201663% |
| Year 2020 | Assessed Value $1,923 | Land Value $1,718 | Improvement Value $205 | Tax Amount $429.47 | Change Rate +0.108796% | Assessed CR | Tax Rate +0.223333% |
| Year 2019 | Assessed Value $1,923 | Land Value $1,718 | Improvement Value $205 | Tax Amount $387.33 | Change Rate +0.017068% | Assessed CR | Tax Rate +0.20142% |
| Year 2018 | Assessed Value $1,923 | Land Value $1,718 | Improvement Value $205 | Tax Amount $380.83 | Change Rate -0.000997% | Assessed CR | Tax Rate +0.19804% |
| Year 2017 | Assessed Value $1,767 | Land Value $1,562 | Improvement Value $205 | Tax Amount $381.21 | Change Rate +0.074648% | Assessed CR | Tax Rate +0.215739% |
| Year 2016 | Assessed Value $1,767 | Land Value $1,562 | Improvement Value $205 | Tax Amount $354.73 | Change Rate +0.092889% | Assessed CR | Tax Rate +0.200753% |
| Year 2015 | Assessed Value $1,767 | Land Value $1,562 | Improvement Value $205 | Tax Amount $324.58 | Change Rate +0.07062% | Assessed CR | Tax Rate +0.18369% |
| Year 2014 | Assessed Value $1,630 | Land Value $1,406 | Improvement Value $224 | Tax Amount $303.17 | Change Rate -0.059851% | Assessed CR | Tax Rate +0.185994% |
| Year 2013 | Assessed Value $1,769 | Land Value $1,406 | Improvement Value $363 | Tax Amount $322.47 | Change Rate | Assessed CR | Tax Rate +0.182289% |