Property Details

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PIN & Address

Pin 17-16-129-087-0000
Address 525 W VAN BUREN ST
City CHICAGO
Township West Chicago
Read about Reassessments

Tax Details

Property Classification 591
Square Footage (Land) 41,776
Neighborhood 131
Taxcode 77158
Next Scheduled Reassessment 2027
2026 Assessor Valuation
2025
Board of Review Certified
Total Estimated Market Value
$118,463,000
$76,000,000
Total Assessed Value
$29,615,750
$19,000,000
Land Assessed Value
$417,760
$417,760
Building Assessed Value
$29,197,990
$18,582,240
* “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
Description Commercial buildings over three stories
Age **
Building Square Footage **
Assessment Phase Assessor Valuation
* “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
*** Is the information above correct? Please click here to provide updated information for this property’s characteristics.
Homeowner
Senior
Senior Freeze
Disabled Persons
Disabled Veterans

2025 Assessment Appeal Information

Previous Board Certified $36,862,997
Status Appeal Review Complete
Assessor Valuation $36,862,997
Assessor Post-Appeal Valuation $29,615,750
Appeal Number 1828153
Attorney/Tax Representative FRANCIS W O'MALLEY
Applicant
Result Assessed Value Adjusted
Reason Income, Market or Cost

2024 Assessment Appeal Information

Previous Board Certified $36,865,750
Status Appeal Review Complete
Assessor Valuation $36,865,750
Assessor Post-Appeal Valuation $32,856,471
Appeal Number 1203629
Attorney/Tax Representative FRANCIS W O'MALLEY
Applicant
Result Assessed Value Adjusted
Reason Partial Occupancy

2023 Assessment Appeal Information

Previous Board Certified $36,477,066
Status Appeal Review Complete
Assessor Valuation $36,477,066
Assessor Post-Appeal Valuation $36,477,066
Appeal Number 891677
Attorney/Tax Representative FRANCIS W O'MALLEY
Applicant
Result Assessed Value Not Adjusted
Reason Income, Mkt or Cost Supports Asmt

2022 Assessment Appeal Information

Previous Board Certified $36,477,066
Status Appeal Review Complete
Assessor Valuation $36,477,066
Assessor Post-Appeal Valuation $36,477,066
Appeal Number 629311
Attorney/Tax Representative FRANCIS W O'MALLEY
Applicant
Result Assessed Value Not Adjusted
Reason Income, Mkt or Cost Supports Asmt

2021 Assessment Appeal Information

Previous Board Certified $48,268,947
Status Appeal Review Complete
Assessor Valuation $48,268,947
Assessor Post-Appeal Valuation $36,477,066
Appeal Number 333166
Attorney/Tax Representative FRANCIS W O'MALLEY
Applicant MP 525 WEST VAN BUREN LLC
Result Assessed Value Adjusted
Reason This is the result of an income, market or cost analysis.

2018 Assessment Appeal Information

Previous Board Certified $20,875,001
Status Appeal Review Complete
Assessor Valuation $32,642,115
Assessor Post-Appeal Valuation $23,170,195
Appeal Number 171284
Attorney/Tax Representative MICHAEL C. PRINZI
Applicant CHRISTINE GRAY
Result Assessed Value Adjusted
Reason This is the result of an income, market or cost analysis.

2017 Assessment Appeal Information

Previous Board Certified $19,700,194
Status Appeal Review Complete
Assessor Valuation $23,386,668
Assessor Post-Appeal Valuation $20,875,001
Appeal Number 60324
Attorney/Tax Representative MICHAEL C. PRINZI
Applicant CHRISTINE GRAY
Result Assessed Value Adjusted
Reason This is the result of an income, market or cost analysis.

2016 Assessment Appeal Information

Previous Board Certified $19,700,192
Status Appeal Review Complete
Assessor Valuation $23,377,157
Assessor Post-Appeal Valuation $19,700,194
Appeal Number 138832
Attorney/Tax Representative CHRISTINE GRAY
Applicant MICHAEL C. PRINZI
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property along with an income, market or cost analysis.

2015 Assessment Appeal Information

Previous Board Certified $19,632,738
Status Appeal Review Complete
Assessor Valuation $30,967,684
Assessor Post-Appeal Valuation $19,960,246
Appeal Number 108190
Attorney/Tax Representative CHRISTINE GRAY
Applicant MICHAEL C PRINZI
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property along with an income, market or cost analysis.

2014 Assessment Appeal Information

Previous Board Certified $19,276,928
Status Appeal Review Complete
Assessor Valuation $24,837,849
Assessor Post-Appeal Valuation $20,555,028
Appeal Number 87758
Attorney/Tax Representative CHRISTINE GRAY
Applicant MICHAEL C PRINZI
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property along with an income, market or cost analysis.

2013 Assessment Appeal Information

Previous Board Certified $21,129,868
Status Appeal Review Complete
Assessor Valuation $25,959,974
Assessor Post-Appeal Valuation $21,245,039
Appeal Number 95838
Attorney/Tax Representative MICHAEL C PRINZI
Applicant
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property alongwith an income, market or cost analysis.

2012 Assessment Appeal Information

Previous Board Certified $22,515,073
Status Appeal Review Complete
Assessor Valuation $25,953,750
Assessor Post-Appeal Valuation $21,525,002
Appeal Number 82499
Attorney/Tax Representative MICHAEL C PRINZI
Applicant
Result Assessed Value Adjusted
Reason This is the result of the partial occupancy of your property alongwith an income, market or cost analysis.

Certificate of Error History

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