6 Michigan AveChicago, IL 60602

  • Parking lots & garages
  • 0.31 AC
Off market
$3,155,140 Estimated

Property Details for 6 Michigan Ave

Year built
1906
Lot size
0.31 AC
Property type
Parking lots & garages
APN
17-10-312-017-1166
APU
17103120171166

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,480,604
    6.5%
    $5,982,096
    7%
    $5,554,804
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,502,659
    Geo Method
    $4,502,659
  • Alternative Use

    Use
    Valuation
    Residential
    $5,046,122
    Hospitality
    $4,622,220
    Educational
    $3,845,633
    Medical
    $3,977,890
    Retail
    $5,982,096

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8823
Longitude
-87.625
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$710
$121
$3,331
$3,452
-
$1,210
$33,310
$34,520

FAQs

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Please email our support team at [email protected] and they will add the team member.
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How can I contact the broker?
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