NOT LISTED FOR SALE

1148 W Grand Ave Unit COMMERC Chicago, IL 60642

West Town Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.87 Acres

About This Home

This home is located at 1148 W Grand Ave Unit COMMERC, Chicago, IL 60642. 1148 W Grand Ave Unit COMMERC is a home located in Cook County with nearby schools including Otis Elementary School, Wells Community Academy High School, and Rauner College Prep.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2018
Sold by
Colella Nicholas L and Colella Sarah
Bought by
Glt1148 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$26,215
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2013
Sold by
Nb Pad Holdings Iv Llc
Bought by
Colella Nicholas L and Colella Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2011
Sold by
Chicago Title Land Trust Company
Bought by
Nb Pad Holdings Iv Llc

Purchase Details

Closed on
Mar 5, 2009
Sold by
Ravenswood Bank
Bought by
Chicago Title Land Trust Company and Trust #8002348845

Purchase Details

Closed on
Mar 2, 2009
Sold by
1148 Grand Llc
Bought by
Ravenswood Bank and Case #08 Ch 39947

Purchase Details

Closed on
Oct 21, 2004
Sold by
U S Bank Na
Bought by
1148 Grand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,204,450
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 1, 1994
Sold by
Patti Clara J and Beyer Angela P
Bought by
Patti Michael A and Patti Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Glt1148 Llc -- Fidelity National Title
Colella Nicholas L $200,000 None Available
Nb Pad Holdings Iv Llc -- Chicago Title Land Trust Co
Chicago Title Land Trust Company -- None Available
Ravenswood Bank -- None Available
1148 Grand Llc $750,000 St
Patti Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glt1148 Llc $30,000
Open Glt1148 Llc $250,000
Previous Owner Colella Nicholas L $219,200
Previous Owner 1148 Grand Llc $1,500,000
Previous Owner 1148 Grand Llc $1,204,450
Previous Owner Patti Michael $329,000
Previous Owner First Colonial Trust Company $300,000
Source: Public Records

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 $20,237 $82,500 $6,517 $75,983
2023 $19,668 $95,625 $6,517 $89,108
2022 $19,668 $95,625 $6,517 $89,108
2021 $19,229 $95,625 $6,517 $89,108
2020 $12,418 $55,743 $6,517 $49,226
2019 $14,857 $73,950 $6,517 $67,433
2018 $14,608 $73,950 $6,517 $67,433
2017 $15,096 $70,125 $16,056 $54,069
2016 $14,045 $70,125 $16,056 $54,069
2015 $12,850 $70,125 $16,056 $54,069
2014 $13,011 $70,125 $16,056 $54,069
2013 $21,145 $116,261 $16,056 $100,205
Source: Public Records

Map

Illinois Cook County Chicago 60642 West Town

1148 W Grand Ave Unit COMMERC, Chicago, IL

This home is located at 1148 W Grand Ave Unit COMMERC, Chicago, IL 60642. 1148 W Grand Ave Unit COMMERC is a home located in Cook County with nearby schools including Otis Elementary School, Wells Community Academy High School, and Rauner College Prep.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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