Seller's Agent in 2024
Antje Gehrken
A.R.E. Partners Inc.
(312) 339-7655
7 in this area
93 Total Sales
1251 W 51st St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated Value: $315,000
0.72
Acre
$437,500
Price per Acre
31,363
Sq Ft Lot
About This Lot
As of May 2024Great opportunity to bring your vision to this blank slate in Chicago's New City. Located in the 16th ward, zoned B3-2, this 3125 sq. ft. property is in proximity to budding mixed commercial and residential use zoning in the 47th/Ashland TIF district neighborhood with multiple ongoing projects est. 10 min drive from Kennedy King Community College, and has access to CTA bus lines on 51st and nearby Ashland Ave. Property being sold in AS IS/WHERE IS condition with no representations, or warranties. Buyer to perform all due diligence including size, zoning, use, TIF availability, and all other details. Offers must reflect due diligence and attorney review to occur through 4/19/24 with closing on or before 4/30/24.
Last Agent to Sell the Property
A.R.E. Partners Inc. License #471002284 Listed on: 01/20/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $593
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2024
Closed on
May 7, 2024
Sold by
Chicago Title Land Trust Co
Bought by
Alaniz Alberto M
Seller's Agent
Antje Gehrken
A.R.E. Partners Inc.
Buyer's Agent
Paz Martinez
Realty 123 Inc.
List Price
$7,000
Sold Price
$7,000
Views
16
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
$308,000
Avg. Annual Appreciation
1280.85%
Purchase Details
Closed on
Apr 13, 2007
Sold by
Stepa Inc
Bought by
Park National Bank
Purchase Details
Closed on
Aug 25, 2003
Sold by
Orr David D
Bought by
S T E P A Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alaniz Alberto M | $7,000 | Proper Title | |
| Park National Bank | $66,500 | Multiple | |
| S T E P A Inc | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2024 05/07/24 | Sold | $7,000 | 0.0% | -- |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- |
| 01/20/2024 01/20/24 | For Sale | $7,000 | -- | -- |
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 | $593 | $2,813 | $2,813 | -- |
| 2023 | $578 | $2,813 | $2,813 | -- |
| 2022 | $578 | $2,813 | $2,813 | $0 |
| 2021 | $565 | $2,812 | $2,812 | $0 |
| 2020 | $626 | $2,812 | $2,812 | $0 |
| 2019 | $565 | $2,812 | $2,812 | $0 |
| 2018 | $555 | $2,812 | $2,812 | $0 |
| 2017 | $555 | $2,578 | $2,578 | $0 |
| 2016 | $516 | $2,578 | $2,578 | $0 |
| 2015 | $472 | $2,578 | $2,578 | $0 |
| 2014 | $478 | $2,578 | $2,578 | $0 |
| 2013 | $469 | $2,578 | $2,578 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Antje Gehrken
-
Paz Martinez
Buyer's Agent in 2024
Paz Martinez
Realty 123 Inc.
(773) 269-0548
1 in this area
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11961193
APN: 20-08-306-003-0000
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