NOT LISTED FOR SALE

10507 S Prospect Ave Chicago, IL 60643

Beverly Neighborhood

Estimated Value: $269,000 - $329,397

3 Beds
1 Bath
1,446 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $279,000 $193 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,981/month

25 Days on Market

Highlights

  • Main Floor Bedroom
  • Screened Porch
  • Formal Dining Room
  • Attic
  • Cottage
  • Bathroom on Main Level

About This Home

As of June 2024

You will not be disappointed with this spacious and well-maintained 3 bedroom home featuring a side screened porch. The large private backyard is landscaped with new trees for extra privacy and perfect for entertaining, play or simply relaxing in a serene setting. Main level appointed with formal living room with WB fireplace and timeless stained glass windows, formal dining room, eat-in kitchen (with updated appliances) and 3 bedrooms. Walk-up attic space is unfinished but perfect for additional living space or extra bedroom(s). Large unfinished basement awaiting your ideas. There is plenty of room to grow! Updates include new flooring in living, dining and kitchen; newer AC; and new cement walkways (front and back 2024). Solid bones, and with your updates, can be a masterpiece!

Last Agent to Sell the Property

Joan McClorey

First In Realty, Inc. License #475184316 Listed on: 04/29/2024

Co-Listed By

Mark Mielnicki

First In Realty, Inc. License #471000854

Last Buyer's Agent

Jenae Winters

@properties Christie's International Real Estate License #475210636

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1915

Lot Details

  • 8,651 Sq Ft Lot
  • Lot Dimensions are 50 x 175

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,446 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Laminate Flooring
  • Unfinished Attic

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 2 Parking Spaces
  • Off Alley Driveway
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,170

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cottage
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Separate Dining Room
  • LivingArea: 1446
  • Room Type: Attic, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 290000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Driveway: Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1986
  • Lot Dimensions: 50 X 175
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2170
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 28, 2024
Sold by
Esselman Joseph and Esselman Kerry
Bought by
Jepsen Patrice
Seller's Agent
Joan McClorey
First In Realty, Inc.
Buyer's Agent
Jenae Winters
@properties Christie's International Real Estate
List Price
$290,000
Sold Price
$279,000
Premium/Discount to List
-$11,000
-3.79%
Views
64
Current Estimated Value
$300,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,349
Avg. Annual Appreciation
8.03%
Original Mortgage
$265,050
Outstanding Balance
$263,191
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$41,709

Purchase Details

Closed on
Aug 18, 2004
Sold by
Gaskin James J and Gaskin Mary Kay
Bought by
Esselman Joseph and Esselman Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
6.08%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Jepsen Patrice $279,000 Chicago Title
Esselman Joseph $230,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jepsen Patrice $265,050
Previous Owner Esselman Kerry $199,172
Previous Owner Esselman Joseph P $216,000
Previous Owner Esselman Joseph $33,000
Previous Owner Esselman Joseph $223,100
Previous Owner Gaskin James J $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $279,000 -3.8% $193 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $290,000 -- $201 / Sq Ft
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 $4,141 $27,001 $10,813 $16,188
2023 $4,017 $22,893 $8,650 $14,243
2022 $4,017 $22,893 $8,650 $14,243
2021 $3,945 $22,893 $8,650 $14,243
2020 $3,002 $16,544 $6,487 $10,057
2019 $2,932 $17,983 $6,487 $11,496
2018 $2,881 $17,983 $6,487 $11,496
2017 $3,415 $19,204 $5,622 $13,582
2016 $3,354 $19,204 $5,622 $13,582
2015 $3,046 $19,204 $5,622 $13,582
2014 $2,948 $18,419 $5,190 $13,229
2013 $2,878 $18,419 $5,190 $13,229
Source: Public Records

Agents Affiliated with this Home

  • Joan McClorey

    Seller's Agent in 2024

    Joan McClorey

    First In Realty, Inc.

    (773) 578-5626

    7 in this area

    55 Total Sales

    Joan McClorey
    Section Image
  • Mark Mielnicki

    Seller Co-Listing Agent in 2024

    Mark Mielnicki

    First In Realty, Inc.

    (773) 360-5159

    6 in this area

    41 Total Sales

    Mark Mielnicki
    Section Image

  • J

    Buyer's Agent in 2024

    Jenae Winters

    @ Properties

    (312) 682-8500

    1 in this area

    2 Total Sales

    Jenae Winters
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12036437

Midwest Real Estate Data (MRED)

APN: 25-17-111-002-0000

Illinois Cook County Chicago 60643 Beverly

10507 S Prospect Ave, Chicago, IL

This home is located at 10507 S Prospect Ave, Chicago, IL 60643 since 29 April 2024 and is currently estimated at $300,349, approximately $207 per square foot. This property was built in 1915. 10507 S Prospect Ave is a home located in Cook County with nearby schools including Barnard Elementary Comp Math & Sci Center, Morgan Park High School, and United Educational Cultural Academy.

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