NOT LISTED FOR SALE

Estimated Value: $278,000

0.71 Acre
$391,549 Price per Acre
30,928 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $6,300

Est. 4,313% increase in value since last sale

Current estimated payment $1,524/month

22 Days on Market

About This Lot

As of April 2024

Great opportunity to bring your vision to this blank slate in Chicago's New City community located in the 20th ward, zoned B3-2, and in the 47th/Ashland TIF district neighborhood with multiple ongoing projects, this 3100 sq. ft. property is in close proximity to mixed commercial use zoning, an 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

Antje Gehrken

A.R.E. Partners Inc. License #471002284 Listed on: 01/20/2024

Last Buyer's Agent

Danisha Jones

Coldwell Banker Realty License #475196784

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $592

Property Details

Property Type

Land

Est. Annual Taxes

$592

Listing Details

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

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 25
  • Frontage Type: City Street
  • List Price: 7000
  • Waterfront: No

Utilities

  • Utilities: Unknown (verify)

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 561
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Apr 30, 2024
Sold by
Covello Nicholas F and Old National Bank
Bought by
Jem Legacy Revocable Trust and Pinkney
Seller's Agent
Antje Gehrken
A.R.E. Partners Inc.
Buyer's Agent
Danisha Jones
Coldwell Banker Realty
List Price
$7,000
Sold Price
$6,300
Premium/Discount to List
-$700
-10%
Views
27
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,700
Avg. Annual Appreciation
1214.76%

Purchase Details

Closed on
Mar 1, 2007
Sold by
Orr David D
Bought by
Covello Nicholas
Source: Public Records

Range of Values:

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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
Jem Legacy Revocable Trust $6,500 Proper Title
Covello Nicholas -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $6,300 -10.0% --
02/12/2024 02/12/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $7,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $592 $2,790 $2,790 --
2023 $577 $2,790 $2,790 --
2022 $577 $2,790 $2,790 $0
2021 $561 $2,790 $2,790 $0
2020 $626 $2,790 $2,790 $0
2019 $564 $2,790 $2,790 $0
2018 $555 $2,790 $2,790 $0
2017 $554 $2,557 $2,557 $0
2016 $516 $2,557 $2,557 $0
2015 $472 $2,557 $2,557 $0
2014 $478 $2,557 $2,557 $0
2013 $469 $2,557 $2,557 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11959816

Midwest Real Estate Data (MRED)

APN: 20-08-303-006-0000