NOT LISTED FOR SALE

Estimated Value: $86,910 - $96,000

0.5 Acre
$182,910 Price per Acre
21,780 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $85,000

Est. 8% increase in value since last sale

Current estimated payment $538/month

499 Days on Market

Highlights

  • 0.5 Acre Lot
  • Corner Lot
  • 3-minute walk to Hope Park

About This Lot

As of June 2024

Excellent investment opportunity to build your business o this double lot with frontage on Garfield Boulevard, a major commercial thoroughfare! Just 2 blocks from the expressway, near public transportation hub for trains, buses and shopping center! Close to Hyde Park and the Obama Presidential Center, currently under construction! Also located within the Washington Park TIF (Tax Increment Financing) district which is a special funding tool used by the City of Chicago to promote public and private investment across the city! Additionally, this stretch of Garfield Bulevard is viewed as the gateway to the University of Chicago campus and medical center complex! Join the growing number of investors and professionals that are investing in this sought after section of the Garfield Boulevard Corridor!!

Last Agent to Sell the Property

Alice Germane

Prospect Equities Real Estate License #475151932 Listed on: 12/22/2022

Last Buyer's Agent

Vilija Garbonkus

eXp Realty License #471012753

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $656

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 50x100
  • Corner Lot

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$656

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Concrete
  • General Information: Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office and Research, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.5
  • Lot Dimensions: 50X100
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 655.51
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Jun 7, 2024
Sold by
Jackson Kenneth
Bought by
Renaissance Capital Holdings
Seller's Agent
Alice Germane
Prospect Equities Real Estate
Buyer's Agent
Vilija Garbonkus
eXp Realty
List Price
$85,000
Sold Price
$85,000
Views
139
Current Estimated Value
$91,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,455
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Jan 6, 2006
Sold by
Orr David D
Bought by
Jackson Kenneth
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Renaissance Capital Holdings $83,000 Fidelity National Title
Jackson Kenneth -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $85,000 0.0% --
05/05/2024 05/05/24 Pending -- -- --
12/22/2022 12/22/22 For Sale $85,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $688 $1,500 $1,500 --
2023 $671 $3,250 $3,250 --
2022 $671 $3,250 $3,250 $0
2021 $656 $3,250 $3,250 $0
2020 $724 $3,250 $3,250 $0
2019 $653 $3,250 $3,250 $0
2018 $642 $3,250 $3,250 $0
2017 $646 $3,000 $3,000 $0
2016 $601 $3,000 $3,000 $0
2015 $550 $3,000 $3,000 $0
2014 $510 $2,750 $2,750 $0
2013 $500 $2,750 $2,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11691021

Midwest Real Estate Data (MRED)

APN: 20-16-205-018-0000