NOT LISTED FOR SALE

1248 S Lawndale Ave Chicago, IL 60623

North Lawndale Neighborhood

Estimated Value: $156,954 - $436,000

0.17 Acres
$1,743,982 Price per Acre
7,405 Sq Ft Lot

Sale Details

Date Sold: June 24, 2015

Last sale price $9,500

Est. 3,021% increase in value since last sale

Current estimated payment $1,732 / mo

237 Days on Market

About This Lot

As of June 2015

REASONABLE PRICE FOR THIS DOUBLE LOT. WAS SOLD FOR 100,000 IN JULY 2007

Last Agent to Sell the Property

Eduardo Borromeo

Su Familia Real Estate Inc License #475154136 Listed on: 10/04/2014

Last Buyer's Agent

Juan Espinosa

E-Professional Realty License #471015933

Property Details

Property Type

  • Land

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 48x161
  • Property is zoned MULTI

Outdoor Features

  • Electricity Available at Street

Utilities

  • No Cooling
  • No Heating
  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: None
  • Heating: None
  • Utilities: Electric Nearby, Gas Nearby

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 48X161
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1405.55
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2014
Closed on
Jun 24, 2015
Sold by
Goldmine Investments Llc
Bought by
Rios Cesar
Seller's Agent
Eduardo Borromeo
Su Familia Real Estate Inc
Buyer's Agent
Juan Espinosa
E-Professional Realty
List Price
$9,000
Sold Price
$9,500
Premium/Discount to List
$500
5.56%
Current Estimated Value
$296,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,977
Avg. Annual Appreciation
37.44%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Metrobank
Bought by
Goldmine Investments Llc

Purchase Details

Closed on
Jul 12, 2007
Sold by
Burg Bozena and Gorecki Mitchell
Bought by
Fariz Hazem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2006
Sold by
Stepa Inc
Bought by
Gorecki Mitchell and Burg Bozena

Purchase Details

Closed on
Aug 30, 2005
Sold by
Orr David D
Bought by
Stepa Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rios Cesar $95,000 None Available
Goldmine Investments Llc -- None Available
Fariz Hazem $100,000 Ticor Title
Gorecki Mitchell $100,000 Chicago Title Insurance Co
Stepa Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fariz Hazem $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2015 06/24/15 Sold $9,500 +5.6% --
05/26/2015 05/26/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $9,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $1,922 $11,206 $11,206 --
2024 $1,922 $11,206 $11,206 --
2023 $1,874 $9,080 $9,080 --
2022 $1,874 $9,080 $9,080 $0
2021 $1,832 $9,080 $9,080 $0
2020 $1,814 $8,114 $8,114 $0
2019 $1,636 $8,114 $8,114 $0
2018 $1,608 $8,114 $8,114 $0
2017 $1,753 $8,114 $8,114 $0
2016 $1,625 $8,114 $8,114 $0
2015 $1,487 $8,114 $8,114 $0
2014 $1,434 $7,728 $7,728 $0
2013 -- $7,728 $7,728 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Eduardo Borromeo

    Su Familia Real Estate Inc

    Section Image
  • Juan Espinosa

    Buyer's Agent in 2015

    Juan Espinosa

    E-Professional Realty

    (312) 730-8875

    3 in this area

    157 Total Sales

    Juan Espinosa
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08745029

Midwest Real Estate Data (MRED)

APN: 16-23-104-032-0000

Illinois Cook County Chicago 60623 North Lawndale

1248 S Lawndale Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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