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1140 W Taylor Street, Chicago, IL 60607
$1,425,000
1140 W Taylor Street, Chicago, IL 60607View this property at 1140 W Taylor Street, Chicago, IL 60607
1140 W Taylor StreetChicagoIL60607
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Property Description
Updated 3 flat building with student tenants under lease through 7/31/24. 8 total bedrooms and a commercial tenant on the first floor under a long term lease. See rent roll under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. This property is part of a larger portfolio of student housing properties all located in the same neighborhood.
Full Property Details
Full Property Details for 1140 W Taylor St
General
- Price: $1,425,000
- Taxes: $13,921 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11869114
- Updated: 2/29/2024
- Added to Site: 207 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: CHI - Near West Side
- County: Cook
- Township: West Chicago
- Driving Directions: Halsted to Taylor St W to property
- Location Details: Chicago West
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 3
- # of Stores: 1
- Year Built: 1893
- Built Before 1978: Yes
Unit Information
- # Tenants: 9
Lot Features
- Lot Size (Sq. Ft.): 3,000
- Lot Dimensions: 25 x 120
Financial Considerations
- Lease Price: $35
- Insurance Fee: $2,000
- Other Fee: $1,500
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1893
- Tax Amount: $13,921
- Tax Year: 2021
- Pays Electric: 5000
Disclosures and Reports
- Property ID: 17174170440000
Listed by Baird & Warner
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Schools
Schools serving 1140 W Taylor St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1059 W 13th St, Chicago, IL 60608 | PK-8 | 0.3 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1140 W Taylor St
Date
Details
Price
Change
Source
11/20/2023
Price Reduced
$1,425,000
-5%
MLS
10/05/2023
Listed
$1,500,000
64.38%
MLS
5/11/2017
Sold
$912,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1140 W Taylor St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$14,240
2%
$68,999
—
2021
$13,921
-41%
$68,999
-35%
2020
$23,701
-1%
$106,038
-11%
2019
$24,017
2%
$119,144
—
2018
$23,611
81%
$119,144
97%
2017
$13,033
8%
$60,336
—
2016
$12,085
9%
$60,336
—
2015
$11,056
16%
$60,336
18%
2014
$9,502
2%
$51,212
—
2013
$9,314
1%
$51,212
—
2012
$9,190
—
$51,212
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1140 W Taylor St
1140 W Taylor Street, Chicago, IL 60607 (MLS# 11869114) is a Commercial property. 1140 W Taylor Street is currently listed for $1,425,000 and was received on October 05, 2023. Want to learn more about 1140 W Taylor Street? Do you have questions about finding other Commercial real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.