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743 Elm Street

743 Elm Street, Winnetka, IL 60093
Property in New Trier
Local assessors in Winnetka, IL have categorized 743 Elm Street as a commercial type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 15,950 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 19 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. If we look only at the heated or air conditioned part of the building, then 743 Elm Street has a total of 21,314 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 743 Elm Street was last sold in Feb 10, 2017 for $8,105,000. According to our calculations, that's $380.27 per sqft. Prior to that sales transaction, the property was sold for $6,150,000 in Jan 3, 2006. Current property owners are expected to pay $118,368 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 743 Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $542,340. To break that down further, the land itself was valued at $39,875. While improvements to the property were assessed at a total of $502,465. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 19
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,950
  • Total Building Area: 21,314
  • Gross Building Area: 21,314
  • Building Area: 21,314
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 21,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MCGUIRE & ORRS ARBOR VITAE
  • Land Acres: 0.366
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: (MCGUIRE) & (ORRS) (ARBOR) (VITAE) ROAD SUB IN WINNET KA OF BLK5 EAST OF EAST LINE OF LINCOLN AVE AS OPENED, IN SEC21 & SEC 2

Ownership

  • Current Owner : 543 LINCOLN AVENUE LLC
  • Previous Owner : WINNETKA III LLC
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Winnetka School District 36
  • Census Tract: 800400

Geography

  • District: 23
  • Parcel: 05-20-204-010-0000
  • Block: 5
  • Lot: 1,2
  • Meridian: SEC 20 TWN 42N RNG 13E
  • Municipality: NEW TRIER
  • Latitude: 42.1063
  • Longitude: -87.7323

    Address

  • Full Address: 743 Elm St
  • Address - House Number: 743
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Winnetka
  • Carrier Code: C030
  • 4-Digit Zip Code: 2524
  • Zip Code: 60093

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $118,368
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 23008

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $12,080
  • First Open Lien Mortgage Lender: RELIANCE BANK
  • First Open Lien Mortgage Recording Date: Feb 16, 2017
  • First Open Lien Mortgage Loan Amount: $12,080
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $5,423,400
  • Market Land Value: $398,750
  • Market Improvement Value: $5,024,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,340
  • Assessed Land Value: $39,875
  • Assessed Improvements Value: $502,465

    Sales

  • Current Sale Contract Date: Feb 10, 2017
  • Current Sale Recording Date: Feb 16, 2017
  • Current Sale Transaction ID: 1964425040
  • Current Sale Price: $8,105,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1704755182
  • Previous Sale Recording Date: Jan 12, 2006
  • Previous Sale Contract Date: Jan 03, 2006
  • Previous Sale Amount: $6,150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RELIANCE BANK
  • First Mortgage Transaction Date: Feb 16, 2017
  • First Mortgage Loan Amount: $12,080
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: LASALLE BANK NA
  • Previous Mortgage Transaction Date: Jan 12, 2006
  • Previous Mortgage Loan Amount: $5,300,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jan 10, 2011

About Winnetka



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Frequently Asked Questions

What neighborhood is 743 Elm Street located in?
The 743 Elm Street is a located in the neighborhood of New Trier in Winnetka, Winnetka.
What is the average sales price for listings in 743 Elm Street?
The average sales price for units in 743 Elm Street is $0 currently.

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