NOT LISTED FOR SALE

12349 S Harlem Ave Palos Heights, IL 60463

Downtown Palos Heights Neighborhood

Estimated Value: $703,293

-- Bed
-- Bath
4,450 Sq Ft
$158/Sq Ft Est. Value

About This Home

This home is located at 12349 S Harlem Ave, Palos Heights, IL 60463 and is currently estimated at $703,293, approximately $158 per square foot. 12349 S Harlem Ave is a home located in Cook County with nearby schools including Navajo Heights Elementary School, Chippewa Elementary School, and Independence Jr High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Chicago Title Land Trust Company
Bought by
Abualshaikh Properties Llc
Current Estimated Value
$703,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$577,573
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$140,688

Purchase Details

Closed on
Oct 27, 2023
Sold by
Brigid Capital Iii Llc
Bought by
Chicago Title Land Trust Company

Purchase Details

Closed on
Mar 5, 2019
Sold by
First Midwest Bank
Bought by
Brigid Capital Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 17, 2015
Sold by
Byline Bank
Bought by
Standard Bank and Trust Agreement #21787

Purchase Details

Closed on
May 16, 2013
Sold by
V & H Managing Llc
Bought by
Metrobank and Citizens Community Bank Of Illinois

Purchase Details

Closed on
Jul 8, 2008
Sold by
Patel Hermant N and Patel Vasanti H
Bought by
V & H Managing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2003
Sold by
Palos Bank & Trust Co
Bought by
Patel Hermant N and Patel Vasanti H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1999
Sold by
Gambotz Carl R
Bought by
Palos Bank & Trust Company and Trust #1-4616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.37%
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
Abualshaikh Properties Llc $700,000 Chicago Title
Chicago Title Land Trust Company -- Chicago Title
Brigid Capital Iii Llc -- Old Republic Title
Standard Bank $325,000 None Available
Metrobank -- None Available
V & H Managing Llc -- Cti
Patel Hermant N $620,000 Pntn
Palos Bank & Trust Company $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abualshaikh Properties Llc $595,000
Previous Owner Brigid Capital Iii Llc $500,000
Previous Owner V & H Managing Llc $1,088,000
Previous Owner V & H Managing Llc $547,500
Previous Owner Patel Hermant N $320,000
Previous Owner Palos Bank & Trust Company $49,811
Previous Owner Palos Bank & Trust Company $175,000
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 $24,161 $104,331 $43,878 $60,453
2023 $34,438 $79,816 $43,878 $35,938
2022 $34,438 $95,370 $37,296 $58,074
2021 $17,927 $51,996 $37,295 $14,701
2020 $17,587 $51,996 $37,295 $14,701
2019 $22,305 $67,329 $41,683 $25,646
2018 $21,942 $69,956 $41,683 $28,273
2017 $21,322 $68,035 $41,683 $26,352
2016 $23,389 $71,186 $37,295 $33,891
2015 $48,342 $150,265 $37,295 $112,970
2014 $26,539 $84,968 $37,295 $47,673
2013 -- $119,430 $37,295 $82,135
Source: Public Records

Map

Illinois Cook County Palos Heights 60463 Downtown Palos Heights

12349 S Harlem Ave, Palos Heights, IL

This home is located at 12349 S Harlem Ave, Palos Heights, IL 60463 and is currently estimated at $703,293, approximately $158 per square foot. 12349 S Harlem Ave is a home located in Cook County with nearby schools including Navajo Heights Elementary School, Chippewa Elementary School, and Independence Jr 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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