Seller's Agent in 2023
Sam Shaffer
Chicago Properties Firm
(773) 297-9792
4 in this area
520 Total Sales
1063 W Vernon Park Place Chicago, IL 60607
Little Italy NeighborhoodEstimated Value: $458,000
0.05
Acre
$9,160,000
Price per Acre
2,178
Sq Ft Lot
About This Lot
As of November 2023Rarely available vacant land located in the sought after Little Italy /Tri-Taylor / University Village area, just off Taylor street. Close proximity to West Loop, UIC campus, 90/94 & 290, and one of the country's biggest medical centers. Lot is approx 25 x 100. RT-4 zoning. Excellent location, short walk to fantastic restaurants, shopping, nightlife, public transit. Quick commute to the Loop, downtown attractions, theater district and lake front. Great investment opportunity to build your dream home or investment property.
Last Agent to Sell the Property
Chicago Properties Firm License #471017780 Listed on: 06/12/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,270
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 25 x100.5
Outdoor Features
- Electricity Available at Street
Schools
- Young Magnet High School
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2023
Closed on
Nov 6, 2023
Sold by
Panico Joann and Roti Joseph
Bought by
Spizzo Jason and Valdez Tina
Seller's Agent
Sam Shaffer
Chicago Properties Firm
Buyer's Agent
Sam Shaffer
Chicago Properties Firm
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Views
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,000
Avg. Annual Appreciation
12.21%
Original Mortgage
$1,206,765
Outstanding Balance
$1,180,778
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
-$722,778
Purchase Details
Closed on
Jul 12, 2018
Sold by
Panico Joann
Bought by
Roti Joseph and Panico Joann
Purchase Details
Closed on
Jan 15, 2002
Sold by
Panico Marian
Bought by
Panico Joann
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spizzo Jason | $365,000 | First American Title | |
| Roti Joseph | -- | None Available | |
| Panico Joann | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spizzo Jason | $1,206,765 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $365,000 | -8.5% | -- |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | For Sale | $399,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $2,382 | $14,000 | $14,000 | -- |
| 2023 | $2,322 | $11,250 | $11,250 | -- |
| 2022 | $2,322 | $11,250 | $11,250 | $0 |
| 2021 | $2,270 | $11,250 | $11,250 | $0 |
| 2020 | $1,900 | $8,500 | $8,500 | $0 |
| 2019 | $1,713 | $8,500 | $8,500 | $0 |
| 2018 | $1,685 | $8,500 | $8,500 | $0 |
| 2017 | $1,620 | $7,500 | $7,500 | $0 |
| 2016 | $1,502 | $7,500 | $7,500 | $0 |
| 2015 | $7,263 | $42,261 | $7,500 | $34,761 |
| 2014 | $6,484 | $37,514 | $6,250 | $31,264 |
| 2013 | $6,345 | $37,514 | $6,250 | $31,264 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Shaffer
-
Ann Brown
A
Buyer Co-Listing Agent in 2023
Ann Brown
Chicago Properties Firm
(773) 899-1271
2 in this area
61 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11805740
APN: 17-17-411-006-0000
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