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Property Details
17-08-326-014-0000
1201 W LAKE ST ● CHICAGO, IL ● West Chicago
Tax Details
Property Classification
591
Square Footage (Land)
4,400
Neighborhood
131
Taxcode
77106
Next Scheduled Reassessment
2027
Assessed Valuation
2020 Assessor Certified values include adjustments, where applicable, for COVID-19 effects on property.
2026 Assessor Certified
2025
Board of Review Certified
Board of Review Certified
Total Estimated Market Value
$5,616,860
$5,616,860
Total Assessed Value
$1,404,215
$1,404,215
Land Assessed Value
$110,000
$110,000
Building Assessed Value
$1,294,215
$1,294,215
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request
Exemption Status
| Year | Exemption type and amount |
|---|
Exemption History
Characteristics
Description
Commercial buildings over three stories
Age
**
Building Square Footage
**
Assessment Phase
Assessor Valuation
1 Excluded from building square footage, except apartment
2 Excluded from building square footage
* “Property Location” is not a legal/postal mailing address. Its sole purpose is to help our Office locate the property. Therefore, you should not utilize the property location for any purpose, however, you may update the Property Location with your Legal/Postal Mailing Address should you choose to do so. Updating the address will not change the Property Location to a Legal/Postal Mailing Address.
** Information may be available by submitting an FOIA Request
Appeal History
| Year | Previous Board Certified | Assessor Post-Appeal Valuation | Assessor Valuation | Appeal Number | Attorney/Tax Representative | Applicant | Status | Result |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,404,215 (2024) | $1,404,215 | $1,404,215 | 1830281 | JAMES P BOYLE | Appeal Review Complete | Assessed Value Not Adjusted - Income, Mkt or Cost Supports Asmt | |
| 2022 | $1,500,562 (2021) | $1,500,562 | $1,500,562 | 631277 | JAMES P BOYLE | Appeal Review Complete | Assessed Value Not Adjusted - Income, Mkt or Cost Supports Asmt | |
| 2021 | $1,500,562 (2020) | $1,208,444 | $1,500,562 | 333693 | MICHAEL E. CRANE | MCCAFFERY LAKESIDE LLC | Appeal Review Complete | Assessed Value Adjusted - This is the result of the partial occupancy of your property along with an income, market or cost analysis. |
| 2020 | $964,307 (2019) | $1,099,358 | $1,652,417 | 58697 | MICHAEL E. CRANE | MCCAFFERY LAKESIDE LLC | Appeal Review Complete | Assessed Value Adjusted - This result is based on a COVID-19 market value adjustment applied to your property. |
| 2019 | $33,700 (2018) | $1,390,963 | $1,390,963 | 100805 | MICHAEL E. CRANE | MCCAFFERY LAKESIDE LLC | Appeal Review Complete | Assessed Value Not Adjusted - Failure to abide by CCAO rule 20-missing or incomplete utility bills. |
| 2015 | $10,050 (2014) | $10,050 | $10,050 | 94591 | 1201 W LAKE & ACORN | ALAN D SKIDELSKY | Appeal Review Complete | Assessed Value Not Adjusted - This is due to lack of data having been submitted for our review. |
| 2012 | $10,050 (2011) | $10,050 | $10,050 | 87256 | ALAN D SKIDELSKY | Appeal Review Complete | Assessed Value Not Adjusted - This is due to lack of data having been submitted for our review. |
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