NOT LISTED FOR SALE

1430 W Melrose St Chicago, IL 60657

Southport Corridor Neighborhood

Estimated Value: $3,049,781 - $3,609,000

6 Beds
5 Baths
4,233 Sq Ft
$783/Sq Ft Est. Value

About This Home

This home is located at 1430 W Melrose St, Chicago, IL 60657 and is currently estimated at $3,313,445, approximately $782 per square foot. 1430 W Melrose St is a home located in Cook County with nearby schools including Augustus H. Burley Elementary School, Lake View High School, and Saint Luke Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Paris James and Paris Karin
Bought by
Boruff Scott and Boruff Amanda
Current Estimated Value
$3,313,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,528,000
Outstanding Balance
$2,501,720
Interest Rate
7.31%
Mortgage Type
Credit Line Revolving
Estimated Equity
$728,536

Purchase Details

Closed on
Apr 9, 2015
Sold by
B & V Holdings Series Llc 1430
Bought by
Eirpol Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,700
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2014
Sold by
B & V Holdings Llc
Bought by
Eirpol Llc

Purchase Details

Closed on
Nov 2, 2010
Sold by
Conforti Vivian and Conforti Bill
Bought by
Conforti Vivian and Conforti Gabriel Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,900
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2001
Sold by
Mcfarland John
Bought by
Bakal Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$889,000
Interest Rate
6.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 1995
Sold by
Sheahan Michael F
Bought by
Conforti Vivian
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
Boruff Scott $3,160,000 Chicago Title
Eirpol Llc $802,000 Chicago Title Insurance Co
B & V Holdings Series Llc 1430 -- Chicago Title Insurance Co
Eirpol Llc -- None Available
Conforti Vivian -- None Available
Bakal Edward -- Chicago Title Insurance Co
Conforti Vivian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boruff Scott $2,528,000
Previous Owner Eirpol Llc $1,472,200
Previous Owner Eirpol Llc $546,700
Previous Owner Conforti Bill $366,900
Previous Owner Conforti Bill $386,000
Previous Owner Bakal Edward $889,000
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 $48,639 $303,000 $77,488 $225,512
2023 $48,639 $217,672 $62,490 $155,182
2022 $48,639 $239,895 $62,490 $177,405
2021 $54,138 $272,554 $62,490 $210,064
2020 $41,643 $190,038 $26,662 $163,376
2019 $40,812 $206,564 $26,662 $179,902
2018 $42,383 $217,994 $26,662 $191,332
2017 $46,805 $220,798 $23,329 $197,469
2016 $36,170 $180,590 $23,329 $157,261
2015 $5,362 $29,262 $23,329 $5,933
2014 $12,912 $69,594 $19,163 $50,431
2013 $12,657 $69,594 $19,163 $50,431
Source: Public Records

Map

Illinois Cook County Chicago 60657 Southport Corridor

1430 W Melrose St, Chicago, IL

This home is located at 1430 W Melrose St, Chicago, IL 60657 and is currently estimated at $3,313,445, approximately $782 per square foot. 1430 W Melrose St is a home located in Cook County with nearby schools including Augustus H. Burley Elementary School, Lake View High School, and Saint Luke Academy.

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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