2340 North Commonwealth Avenue, Chicago, IL 60614
Lincoln Park, North Side, Chicago
Welcome to 2340 North Commonwealth Avenue, a building located in Lincoln Park, North Side, Chicago in Chicago, IL.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1970.
This is a relatively tall building with a total of 7 floors.
Finally, 2340 North Commonwealth Avenue was most recently sold on May 6, 1999 for $4,150,000.
The market value for the land that the building sits on has been listed at $1,098,900.
In addition, improvements upon the building have an added value of $4,087,810.
In total, the total market value of the property as a whole is $5,186,710.
According to local assessors, the total value of the building is currently valued at $518,671.
Specifically, the value of the land that the property sits on has been assessed at $109,890.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
1970
Building Condition
unknown
Construction Type
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Building
Property Class
Commercial
Subdivision
PETERBORO TERRACE ADD TO CHICAGO
Standard Land Use Code
Commercial (general)
County Land Use Code
unknown
Legal Description 1
(PETERBORO) TERRACE ADD TO (CHICAGO) A SUB OF PT OF B LK2 OF CANAL TRUSTEES SUB OF NH & NH SE & EH SW SEC 33-40-14
Ownership
Current Owner
COMMONWEALTH LLC
Current Owner's Name
COMMONWEALTH LLC
Previous Owner
AMERICAN NATIONAL BK & TR CO OF CHICAGO
Owner Address - City
CHICAGO
Owner Address - ZIP Code
60614
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Chicago Public School District 299
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170310714004003
Census - Metropolitan Division - Area Code
16974
Census - Metropolitan Division - Area Name
Chicago-Naperville-Arlington Heights, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Geography
Assessors Map Reference
02N-144-03
Parcel
14-33-200-006-0000
Meridian
SEC 33 TWN 40N RNG 14E
Municipality
NORTH CHICAGO
Mailing Carrier Code
C076
Mailing Street Direction
W
Mailing Full Street Address
520 W BELDEN AVE
Mailing 4-Digit Zip Code
3323
Old APN
14-33-200-006-0000
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-04-01 17:12:10
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 2340 North Commonwealth Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Lincoln Park area have a median price of $2,100.
Those in the 25th percentile, have a price around $1,794.
While those in the 75th percentile, have a price around $3,673.
Typically, the buildings in this area have a median sqft of 520.
That means that the median price per sqft is around $4.
In other words, the price per sqft for buildings in the 25th percentile is $3.
While the price per sqft for buildings in the 75th percentile is $6.
As a breakdown, we've included the following stats:
- There are currently a total of 27 studio listings.
The median price for these types of listings is $1,765.
That's $5.52 price per sqft.
- There are currently a total of 12 one bedroom listings.
The median price for these types of listings is $2,190.
That's $3.57 price per sqft.
- There are currently a total of 16 two bedroom listings.
The median price for these types of listings is $3,773.
That's $3.17 price per sqft.
- There are currently a total of 5 three bedroom listings.
The median price for these types of listings is $5,000.
That's $2.79 price per sqft.
- There are currently a total of 3 four bedroom listings.
The median price for these types of listings is $4,900.
That's $3.77 price per sqft.
About The Area
2340 North Commonwealth Avenue is located in 60614.
There are 69,817 people living here.
There are 33,696 households.
Most of these households have an average family size of 2.91 people.
According to the census, 58% are currently renting while 42% own their homes.
The median age of this population is around 30.1 years old.
On average, most folks in the zipcode are unmarried.
About 14% of folks speak a language other than English in this area.
The area's employment rate is currently around 76.1%.
Speaking of employment, the median income is $94,640.
Most folks will commute by public transportation for around 30.7 minutes.
Finally, we know that 5% of residents in the area have graduated with their high school degree.
Additionally, 48% and 35% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Cook County, Illinois has a population of 5,227,575 people.
Based on census records, there are 1,951,606 registered households.
Families in this area are on average made up of 3.43 people per household.
Most folks are unmarried.
They are also typically around 36.1 years old.
Does diversity matter to you? Right now, 35% of folks speak a language other than English here.
About 43% rent while 57% purchased their homes.
Right now, the community is made up of 24% of residents who have graduated with at least a high school degree.
On top of that, 22% have a Bachelor's degree and 15% have a Master's degree.
The employment rate is currently around 59.7%.
Those employed, have a median income of $56,902.
If you move here, you can expect to commute mostly by car for around 32.6 minutes.
Finally, let's take a look at the stats related to Chicago, IL - IN Urban Area.
The urban area is home to 8,672,319 people.
A total of 3,153,810 households are registered here.
With average family sizes being listed at 3.4 people.
About 24% of residents have graduated with a high school degree.
Of the rest, 22% have their Bachelor's and 14% have their Master's degree.
Folks speaking a language other than English, make up about 30% of the population.
Looking to move to this urban area? You'll need to look forward to commuting by car for around 31.5 minutes.
Speaking of your commute, 61.2% of people in this area are employed.
The recorded median income is currently at $63,064 per year.
The median population age has been listed at 36.6 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 37% of the population while homeowners are at about 63% of the population.
$1,765
Studio Median Rent
PUBLIC TRANSIT
Clark & Fullerton (Under 500 ft - 3 min walk)
Chicago Transit Authority
Clark & Belden (Under 500 ft - 3 min walk)
Chicago Transit Authority
Clark & Belden (510 ft - 3 min walk)
Chicago Transit Authority
Stockton & Arlington (590 ft - 3 min walk)
Chicago Transit Authority
Clark & Fullerton (600 ft - 3 min walk)
Chicago Transit Authority
Nearby Schools
(within attendance boundary) 615 W Kemper Pl, Chicago, IL 60614
Public
•
Elementary
•
Grades KG to 8
Chicago Public School District 299
3021 W Carroll Ave, Chicago, IL 60612
Public
•
Middle School
•
Grades 6 to 8
Chicago Public School District 299
2001 N Orchard St, Chicago, IL 60614
Public
•
High School
•
Grades 9 to 12
Chicago Public School District 299
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.