12837 S Harlem Ave Palos Heights, IL 60463
Downtown Palos Heights Neighborhood
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                26,000
                Sq Ft
            
            
                    
                        3.76
                        Acres
                    
                    
        
    
    
About This Home
This home is located at 12837 S Harlem Ave, Palos Heights, IL 60463. 12837 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
            
            
                Jul 20, 2018
            
        
                Sold by
            
            
                Cf Albert Propco Llc
            
        
                Bought by
            
            
                R2m Properties Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $9,600,000
            
        
                Outstanding Balance
            
            
                $7,072,165
            
        
                Interest Rate
            
            
                4.38%
            
        
                Mortgage Type
            
            
                Commercial
            
        Purchase Details
                Closed on
            
            
                Oct 31, 2017
            
        
                Sold by
            
            
                Jetco Properties Inc
            
        
                Bought by
            
            
                Cf Albert Propco Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $405,000,000
            
        
                Interest Rate
            
            
                3.85%
            
        
                Mortgage Type
            
            
                Future Advance Clause Open End Mortgage
            
        Purchase Details
                Closed on
            
            
                Oct 7, 2011
            
        
                Sold by
            
            
                Jetco Properties Inc
            
        
                Bought by
            
            
                Wendys Old Fashioned Hamburgers Of New Y
            
        Purchase Details
                Closed on
            
            
                Jan 19, 2011
            
        
                Sold by
            
            
                Crystal Lane Nursing Center Ltd
            
        
                Bought by
            
            
                Jetco Properties Inc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| R2m Properties Llc | $15,500,000 | First American Title | |
| Cf Albert Propco Llc | $13,567,500 | Attorney | |
| Wendys Old Fashioned Hamburgers Of New Y | $750,000 | Cti | |
| Jetco Properties Inc | $1,250,000 | Cti | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | R2m Properties Llc | $9,600,000 | |
| Previous Owner | Cf Albert Propco Llc | $405,000,000 | 
                Source: Public Records
            
        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 | $32,268 | $106,595 | $106,595 | -- | 
| 2023 | $38,492 | $106,595 | $106,595 | -- | 
| 2022 | $38,492 | $106,595 | $106,595 | $0 | 
| 2021 | $36,750 | $106,594 | $106,594 | $0 | 
| 2020 | $36,053 | $106,594 | $106,594 | $0 | 
| 2019 | $32,597 | $98,395 | $98,395 | $0 | 
| 2018 | $30,862 | $98,395 | $98,395 | $0 | 
| 2017 | $30,836 | $98,395 | $98,395 | $0 | 
| 2016 | $29,635 | $90,195 | $90,195 | $0 | 
| 2015 | $29,017 | $90,195 | $90,195 | $0 | 
| 2014 | $28,172 | $90,195 | $90,195 | $0 | 
| 2013 | $26,078 | $90,195 | $90,195 | $0 | 
                Source: Public Records
                    
            
        Map
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