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West North Ave.

Office Building - Former Bank

Property Details

Description: Large office building former bank building that is currently vacant.

City: Chicago

Township: Jefferson

Classification: 528 (Bank Building)

Land Square Footage: 4,192

The appeal was based on recent purchase.

2017 Original Assessed Market Value: $4,895,044

2017 Revised Assessed Market Value: $1,974,956

2017 Real Estate Tax Reduction: $146,223

 

Assessor increases market value for 2018 to $5,745,384

2018 Revised Assessed Market Value: $2,044,260

2018 Real Estate Tax Reduction: $200,785

Total Two Year Real Estate Tax Reduction: $347,008