Property report

3940-42 Chestnut St

1,808 sqftCMX4built 1960

Property at a glanceCommercial

Trs Univ Of Penn

2026 assessment
$296K OPA value, not a listing price
2027 published assessment
$296K Future roll, not the current tax bill
Neighborhood area
University City · West Powelton Approximate · based on ZIP 19104
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $296,100. It is not yet the billed-year tax basis.

$0$250K$500K$296K2009201220152018202120242027
Property assessmentAssessmentL&I violationAppealPermitInspectionCertification

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Highlight
Every dated record32 events · exact dates, newest first
  1. CertificationFire Alarm Certification
  2. CertificationSprinkler Certification
  3. InspectionL&I investigation
  4. InspectionL&I investigation
  5. CertificationSprinkler Certification
  6. InspectionL&I investigation
  7. L&I violationSUPPRESSION SYSTEM TESTING & MAINTENANCE
  8. CertificationSprinkler Certification
  9. CertificationSprinkler Certification
  10. CertificationFire Alarm Certification
  11. InspectionL&I investigation
  12. CertificationFire Alarm Certification
  13. CertificationSprinkler Certification
  14. InspectionL&I investigation
  15. L&I violationSUBMISSION OF CERTIFICATIONS
  16. L&I violationEQUIPMENT ROOMS
  17. L&I violationSUPPRESSION SYSTEM TESTING & MAINTENANCE
  18. L&I violationFDC LOCKING CAPS
  19. CertificationFire Alarm Certification
  20. CertificationSprinkler Certification
  21. CertificationSprinkler Certification
  22. CertificationFire Alarm Certification
  23. CertificationSprinkler Certification
  24. PermitZoning/use
  25. AppealZoning board appeal
  26. PermitMajor alteration
  27. AppealBuilding standards appeal
  28. PermitZoning/use
  29. PermitZoning
  30. PermitOperations
  31. PermitFast form building
  32. PermitAlteration

Verify the public record

$0/year estimated property tax

2026 taxable assessment $0 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $296,100. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 773687020
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationFull assessment exemption shown

2026 OPA shows a zero or de minimis taxable assessment. The open assessment split does not establish the exemption's legal basis, continuing eligibility, or treatment after a transfer.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

Property report

Not a house

Commercial. OPA shows a full or near-full assessment exemption whose basis must be verified. A $0 assessment-based estimate does not prove the live Tax Center account has no prior-period balance or other charges.

What it is
Commercial Misc Fire/Police Masonry
Owner
Trs Univ Of Penn Public / institutional
$ / sq ft
$164 above the $151 median for 7,668 commercial parcels citywide
Corridor
40th Street and vicinity city commercial corridor
Interior area
1,808 sqft
Lot size
2,856 sqft
Built
1960
Zoning
CMX4

Recorded owner

Who's behind it

Trs Univ Of Penn · corporate / LLC owner

• Owns 108 properties across Philadelphia under this name, assessed at $1.4B combined
• Tax bills mail to 3940-42 Chestnut St, Philadelphia PA, 19104

Block context

3900 block of Chestnut St. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 3944-48 Chestnut St  ·  3926-38 Chestnut St

No business or residential license records

No business license or residential registration matched this OPA parcel in the latest City data.

Verify with the City ↗
Open every source row 32 dated rows
  1. CertificationFire Alarm Certification

    Certification BC-2026-020360 · Certified

    Expires 2027-07-10

  2. CertificationSprinkler Certification

    Certification BC-2026-020706 · Certified

    Expires 2027-07-10

  3. InvestigationL&I investigation

    Case CF-2025-083260 · PASSED

    The cited inspection visit was marked passed.

  4. InvestigationL&I investigation

    Case CF-2025-083260 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  5. CertificationSprinkler Certification

    Certification BC-2025-027603 · Certified

    Expires 2026-10-10

  6. InvestigationL&I investigation

    Case CF-2025-083260 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  7. ViolationSUPPRESSION SYSTEM TESTING & MAINTENANCE

    Case CF-2025-083260 · Violation VI-2025-059681 · Code F-903.5 · COMPLIED

    Resolution: COMPLIED - LICENSE/CERTIFICATE/REPORT OBTAINED City marked this violation complied with; check the resolution date and live case for what was accepted.

  8. CertificationSprinkler Certification

    Certification BC-2025-019560 · Deficient

  9. CertificationSprinkler Certification

    Certification BC-2025-028275 · Certified

    Expires 2026-07-14

  10. CertificationFire Alarm Certification

    Certification BC-2025-019765 · Certified

    Expires 2026-07-14

  11. InvestigationL&I investigation

    Case CF-2023-067577 · PASSED

    The cited inspection visit was marked passed.

  12. CertificationFire Alarm Certification

    Certification BC-2024-018383 · Certified

    Expires 2025-06-13

  13. CertificationSprinkler Certification

    Certification BC-2024-021423 · Certified

    Expires 2025-06-13

  14. InvestigationL&I investigation

    Case CF-2023-067577 · FAILED

    The cited inspection visit was marked failed; later rows may show follow-up or resolution.

  15. ViolationSUBMISSION OF CERTIFICATIONS

    Case CF-2023-067577 · Violation VI-2023-051217 · Code F-901.6.4.2 · COMPLIED

    Resolution: COMPLIED - LICENSE/CERTIFICATE/REPORT OBTAINED City marked this violation complied with; check the resolution date and live case for what was accepted.

  16. ViolationEQUIPMENT ROOMS

    Case CF-2023-067577 · Violation VI-2023-051234 · Code F-315.3.3 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  17. ViolationSUPPRESSION SYSTEM TESTING & MAINTENANCE

    Case CF-2023-067577 · Violation VI-2023-051214 · Code F-903.5 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  18. ViolationFDC LOCKING CAPS

    Case CF-2023-067577 · Violation VI-2023-051210 · Code F-912.4.1 · COMPLIED

    Resolution: COMPLIED - OWNER REPAIR City marked this violation complied with; check the resolution date and live case for what was accepted.

  19. CertificationFire Alarm Certification

    Certification BC-2023-013660 · Certified

    Expires 2024-06-26

  20. CertificationSprinkler Certification

    Certification BC-2023-018279 · Certified

    Expires 2024-04-24

  21. CertificationSprinkler Certification

    Certification BC-2023-013675 · Deficient

  22. CertificationFire Alarm Certification

    Certification BC-2022-008087 · Certified

    Expires 2023-06-04

  23. CertificationSprinkler Certification

    Certification BC-2022-005025 · Certified

    Expires 2023-04-07

  24. PermitZoning/use

    Permit 989249 · COMPLETED

    FOR THE ERECTION OF A ROOF DECK AT SIXTH(6TH ) FLOOR ROOF FOR AN EDUCATION, OFFICE AND RESEARCH AND DEVELOPENT FROM FIRST FLOOR THROUGH SEVENTH(7TH )FLOORS OF PREVIOUSLY APPROVED STRUCTURE ( SEE APP# 962570 FOR PERMIT) WITH NINE(9) ACCESSORY PARKING SPACES INCLUDING WITH ONE(1) H/C SPACES ( LOCATED AT 4001 WALNUT STREET). SIZE AND LOCATION AS SHOWN IN THE APPLICATION.

  25. AppealZoning board appeal

    Appeal 38150 · OPEN · Granted

    Related permit 989249 · SPECIAL EXCEPTION FOR THE ERECTION OF A ROOF DECK AT SIXTH(6TH ) FLOOR ROOF FOR AN EDUCATION OFFICE AND RESEARCH AND DEVELOPENT FROM FIRST FLOOR THROUGH SEVENTH(7TH )FLOORS OF PREVIOUSLY APPROVED STRUCTURE ( SEE APP# 962570 FOR PERMIT) WIT

  26. PermitMajor alteration

    Permit 983945 · COMPLETED

    FOR THE CREATION OF A NEW EXTERIOR DOOR, AS SHOWN ON THE APPROVED PLANS. NO OTHER WORK UNDER THIS PERMIT. **PER BBS VARIANCE CASE #38304, A RATED LINTEL WITH RATED DOOR SHALL BE PROVIDED AT PROPOSED OPENING**

  27. AppealBuilding standards appeal

    Appeal 38304 · OPEN

    Related permit 983945 · ON 08/08/2019, THE DEPARTMENT OF LICENSES AND INSPECTIONS ISSUED A NOTICE OF REFUSAL FOR APPLICATION #983945.

  28. PermitZoning/use

    Permit 962570 · COMPLETED

    FOR THE ERECTION OF A DETACHED STRUCTURE WITH ROOF TOP MECHANICAL UNITS FOR AN EDUCATION OFFICE AND RESEARCH AND DEVELOPENT FROM FIRST FLOOR THROUGH SEVENTH(7TH )FLOORS WITH NINE(9) ACCESSORY PARKING SPACES INCLUDING WITH ONE(1) H/C SPACES ( LOCATED AT 4001 WALNUT STREET).

  29. PermitZoning

    Permit 953949 · COMPLETED

    FOR THE LOT ADJUSTMENT TO CREATE ONE(1) LOT "PREMISES G" FROM TWO(2) OPA ACCOUNTS( 115-23 S 40TH ST AND 3940-42 CHESTNUT ST ) AND FROM FOUR(4) DEEDED LOTS. SIZE AND LOCATION AS SHOWN IN THE APPLICATION

  30. PermitOperations

    Permit 23250 · COMPLETED

    11/07/2014 ERECT ASSEMBLY TENT (30'X40')DREXEL UNIVERSITY

  31. PermitFast form building

    Permit 245231 · COMPLETED

  32. PermitAlteration

    Permit 200377 · COMPLETED

    REMOVE ALL LOOSE CEMENT STUCCO FORM THE PARAPET WALL AND RE-APPLY CEMENT STUCCO. INSTALL NEW NAILER AND CAPPING AND INSTALL NEW FLASHING AT THE BOTTOM OF THE PARAPET WALL.

Where this comes from

Methodology & freshness

This report was assembled Jul 26, 2026, 2:43 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)