NOT LISTED FOR SALE

12340 S Cicero Ave Alsip, IL 60803

Estimated Value: $3,015,497

-- Bed
-- Bath
-- Sq Ft
2.58 Acres

About This Home

This home is located at 12340 S Cicero Ave, Alsip, IL 60803 and is currently estimated at $3,015,497. 12340 S Cicero Ave is a home located in Cook County with nearby schools including Hazelgreen Elementary School, Prairie Jr High School, and A B Shepard High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Bbi Property Management Llc
Bought by
12400 S Cicero Ave Llc
Current Estimated Value
$3,015,497

Purchase Details

Closed on
Jul 17, 2018
Sold by
M & B Motel Management Llc
Bought by
Bbi Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 21, 2007
Sold by
First Midwest Bank
Bought by
M & B Motel Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2003
Sold by
First Midwest Bank
Bought by
People Of State Il Dept Transportation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 1994
Sold by
First National Bank Of Evergreen Park
Bought by
Heritage Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
8.68%
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
12400 S Cicero Ave Llc -- None Available
Bbi Property Management Llc $1,775,000 Fidelity National Title
M & B Motel Management Llc $1,525,000 Cti
People Of State Il Dept Transportation $14,300 --
Heritage Trust Company $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12400 S Cicero Ave Llc $1,310,692
Previous Owner Bbi Property Management Llc $1,420,000
Previous Owner M & B Motel Management Llc $200,000
Previous Owner M & B Motel Management Llc $1,675,000
Previous Owner M & B Motel Management Llc $2,040,000
Previous Owner M & B Motel Management Llc $600,000
Previous Owner First Midwest Bank $446,000
Previous Owner Heritage Trust Company $660,000
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 $91,119 $275,000 $84,471 $190,529
2023 $110,753 $275,000 $84,471 $190,529
2022 $110,753 $275,762 $84,471 $191,291
2021 $105,068 $275,000 $84,471 $190,529
2020 $108,566 $287,500 $84,471 $203,029
2019 $104,506 $266,776 $91,510 $175,266
2018 $67,621 $179,316 $91,510 $87,806
2017 $48,070 $126,560 $91,510 $35,050
2016 $36,477 $94,089 $77,431 $16,658
2015 $36,186 $94,086 $77,431 $16,655
2014 $59,241 $159,552 $77,431 $82,121
2013 $47,893 $139,484 $77,431 $62,053
Source: Public Records

Map

Illinois Cook County Alsip 60803

12340 S Cicero Ave, Alsip, IL

This home is located at 12340 S Cicero Ave, Alsip, IL 60803 and is currently estimated at $3,015,497. 12340 S Cicero Ave is a home located in Cook County with nearby schools including Hazelgreen Elementary School, Prairie Jr High School, and A B Shepard High School.

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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