NOT LISTED FOR SALE

1516 W 115th St Chicago, IL 60643

Morgan Park Neighborhood

Estimated Value: $149,000 - $286,000

3 Beds
1 Bath
969 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $145,000 $150 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,231/month

41 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Storm Doors

About This Home

As of April 2023

This 3 Bedroom, 1 Bath, full basement, Ranch home Welcomes you!Ready for you to move in and make it your own! Recently updated, New Laminate flooring in living room, Newer (SS) appliances, Refrigerator, Microwave, Stove, Windows in basement (2022), Closet bedroom doors (2022), Carpeting in bedroom (2022), Side Door and Front door replaced (2022), Light fixtures throughout the home (2022) and much more! LOW TAXES! Property sold " AS IS". This property may qualify for a ($2,500 or 5,000, as appropriate) Chase Homebuyer Grant that can be used to reduce the cost of your Chase mortgage.

Last Agent to Sell the Property

Jesse Valle

Smart Home Realty License #475193688 Listed on: 02/10/2023

Last Buyer's Agent

Raquel King

Kale Realty License #475177242

Kale Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1966

Lot Details

  • 2,975 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 969 Sq Ft Home
  • Blinds
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,916

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 969
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 969
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 969
  • Total Sq Ft: 969
  • Upper Level Sq Ft: 969
  • Door Features: Storm Door(s)
  • Window Features: Blinds

Exterior Features

  • List Price: 150000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0683
  • Lot Dimensions: 0.068
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1916
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 19, 2023
Sold by
Morris Jerome
Bought by
Premier Realty Investment Group Llc
Seller's Agent
Jesse Valle
Smart Home Realty
Buyer's Agent
Raquel King
Kale Realty
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Views
35
Current Estimated Value
$195,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,254
Avg. Annual Appreciation
9.72%
Original Mortgage
$158,600
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1995
Sold by
Morris Jerome
Bought by
Morris Jerome and Morris Rosalind
Source: Public Records

Range of Values:

Collateral Analytics

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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
Premier Realty Investment Group Llc $145,000 First American Title
Morris Jerome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premier Realty Investment Grou $195,000
Closed Premier Realty Investment Group Llc $158,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $145,000 -3.3% $150 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $150,000 -14.3% $155 / Sq Ft
02/10/2023 02/10/23 For Sale $175,000 -- $181 / Sq Ft
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 $2,009 $8,400 $1,786 $6,614
2023 $1,960 $9,500 $1,934 $7,566
2022 $1,960 $9,500 $1,934 $7,566
2021 $1,916 $9,499 $1,934 $7,565
2020 $1,871 $8,378 $1,934 $6,444
2019 $1,855 $9,207 $1,934 $7,273
2018 $1,823 $9,207 $1,934 $7,273
2017 $2,449 $11,350 $1,785 $9,565
2016 $2,279 $11,350 $1,785 $9,565
2015 $2,085 $11,350 $1,785 $9,565
2014 $1,835 $9,866 $1,636 $8,230
2013 $1,799 $9,866 $1,636 $8,230
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jesse Valle

    Smart Home Realty

    (630) 246-0114

    1 in this area

    23 Total Sales

    Section Image
  • Raquel King

    Buyer's Agent in 2023

    Raquel King

    Kale Realty

    (773) 507-5959

    12 in this area

    31 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11716810

Midwest Real Estate Data (MRED)

APN: 25-20-126-024-0000

Illinois Cook County Chicago 60643 Morgan Park

1516 W 115th St, Chicago, IL

This home is located at 1516 W 115th St, Chicago, IL 60643 since 10 February 2023 and is currently estimated at $195,254, approximately $201 per square foot. This property was built in 1966. 1516 W 115th St is a home located in Cook County with nearby schools including John D. Shoop Elementary School and Morgan Park High School.

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