1023 W Vernon Park Place Unit 1023 Chicago, IL 60607
Little Italy NeighborhoodEstimated Value: $500,000 - $680,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,900
                Sq Ft
            
            
                
                    $320/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1023 W Vernon Park Place Unit 1023, Chicago, IL 60607 and is currently estimated at $607,763, approximately $319 per square foot. 1023 W Vernon Park Place Unit 1023 is a home located in Cook County with nearby schools including John M. Smyth Elementary I.B. World School and Wells Community Academy High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jul 27, 2021
            
        
                Sold by
            
            
                Shea Jeffrey M and Hill Jennifer L
            
        
                Bought by
            
            
                Teng Daniel Taen and Woo Seung Whan
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $255,000
            
        
                Outstanding Balance
            
            
                $233,302
            
        
                Interest Rate
            
            
                3.32%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $374,461
            
        Purchase Details
                Closed on
            
            
                Jan 8, 2007
            
        
                Sold by
            
            
                Sosniak Savine Gary N and Sosniak Savine Irene
            
        
                Bought by
            
            
                Hill Jennifer L and Shea Jeffrey M
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $417,000
            
        
                Interest Rate
            
            
                6.77%
            
        
                Mortgage Type
            
            
                Unknown
            
        Purchase Details
                Closed on
            
            
                Feb 19, 2004
            
        
                Sold by
            
            
                Nimrod Raymond
            
        
                Bought by
            
            
                Sosniak Savine Gary N and Sosniak Savine Irene
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $333,700
            
        
                Interest Rate
            
            
                5.78%
            
        
                Mortgage Type
            
            
                Unknown
            
        Purchase Details
                Closed on
            
            
                Aug 31, 1994
            
        
                Sold by
            
            
                Zotti Edward and Lubben Mary
            
        
                Bought by
            
            
                Nimrod Raymond N
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $225,000
            
        
                Interest Rate
            
            
                7.12%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Teng Daniel Taen | $575,000 | Chicago Title | |
| Hill Jennifer L | $530,000 | Ticor Title | |
| Sosniak Savine Gary N | $425,000 | Atgf Inc | |
| Nimrod Raymond N | $250,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Teng Daniel Taen | $255,000 | |
| Previous Owner | Hill Jennifer L | $417,000 | |
| Previous Owner | Sosniak Savine Gary N | $333,700 | |
| Previous Owner | Nimrod Raymond N | $225,000 | |
| Closed | Sosniak Savine Gary N | $41,300 | 
                Source: Public Records
            
        Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement | 
|---|---|---|---|---|
| 2024 | $10,334 | $54,890 | $13,396 | $41,494 | 
| 2023 | $10,074 | $48,811 | $8,133 | $40,678 | 
| 2022 | $10,074 | $48,811 | $8,133 | $40,678 | 
| 2021 | $9,176 | $48,810 | $8,133 | $40,677 | 
| 2020 | $9,004 | $43,389 | $8,133 | $35,256 | 
| 2019 | $8,893 | $47,547 | $8,133 | $39,414 | 
| 2018 | $8,742 | $47,547 | $8,133 | $39,414 | 
| 2017 | $8,071 | $40,739 | $7,176 | $33,563 | 
| 2016 | $7,659 | $40,739 | $7,176 | $33,563 | 
| 2015 | $6,985 | $40,739 | $7,176 | $33,563 | 
| 2014 | $6,302 | $36,537 | $6,100 | $30,437 | 
| 2013 | $6,167 | $36,537 | $6,100 | $30,437 | 
                Source: Public Records
                    
            
        Map
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