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$900,000   Price Analysis
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1540 W Cortez St
Chicago, IL 60642
8 bed 4 bath unknown SqFt ($0/SqFt)
Built 1887
Listed 2024-06-04, Taxes $17,252
Ⓧ USDA Ineligible
due to price & location

near Chicago

TREMENDOUS OPPORTUNITY FOR REDEVELOPMENT!!

4-flat in 2 seperate buildings in need of complete rehab, with 2 1/2 car garage. Situated in a prime location! Both buildings have exceptional bones, front building was built in 1900, back bulding in 1878.

All units are 2 bed 1 bath. Roof on the front building is 6 years old, the back building is 5 years old. Commercial grade windows and copper gutters. Original flooring and moulding in the back building. 4 meters for gas and electric. TONS of potential!


Presented by Dina DeJarld at
Realty Executives Success.
Listing Agent Photo

Property MLS #12056342 from MRED

Bedrooms: 8
Bedrooms Possible: 8

Total Rooms: 16
Basement Features: Full
Basement Description: Unfinished

Total Bathrooms: 4
Full Bathrooms: 4

Yes

Heating Features: Natural Gas

Garage Spaces: 2
Garage Description: Attached
Garage Features: Garage Door Opener(s), Transmitter(s)
Parking Total: 2

Lot Size Dimensions: 24.2X125.4X24.2X125.4

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: 299
High School: Wells Community Academy Senior H
High School District: 299

Wells Community Academy High School is a public high school located approximately 0.2 miles away.
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Otis Elementary School is a public elementary and middle school located approximately 0.6 miles away.
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Holy Trinity High School is a private high school located approximately 0.2 miles away.
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Community Features: Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-4 Description: Unit 4

Annual Tax Amount: 17253.00
Source Listing Status: Active
County: Cook
Directions: In West Town/Ukrainian Village. N Ashland to W Cortez St.
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 17053080430000
Township: West Chicago
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$71,126 + $18,000
$89,126
$17,252
2020$38,808 + $10,200
$49,008
$10,226
2019$44,866 + $10,200
$55,066
$10,374
2018$47,046 + $10,200
$57,246
$10,629
2017$51,136 + $9,000
$60,136
$12,218
2016$51,136 + $9,000
$60,136
$11,544
2015$51,136 + $9,000
$60,136
$10,538
2014$41,623 + $7,500
$49,123
$8,637
2013$41,623 + $7,500
$49,123
$8,934
2012$41,623 + $7,500
$49,123
$5,932
2011$34,159 + $10,200
$44,359
$6,315
2010$34,159 + $10,200
$44,359
$4,012
2009$34,159 + $10,200
$44,359
$3,506
2007$31,999 + $9,600
$41,599
$3,480
2006$51,264 + $9,600
$60,864
$6,616

Listed 2024-06-04
$900,000
MRED

Year Built: 1887
Property Age: 137
Roof: Asphalt

Sewer: Public Sewer
Water Source: Lake Michigan

Other Equipment: Multiple Water Heaters
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.