1962 E 71st Place Chicago, IL 60649
South Shore NeighborhoodEstimated Value: $4,767,254
2
Beds
1
Bath
--
Sq Ft
0.31
Acres
About This Home
This home is located at 1962 E 71st Place, Chicago, IL 60649 and is currently estimated at $4,767,254. 1962 E 71st Place is a home located in Cook County with nearby schools including Bouchet Elementary Math & Science Academy, St Philip Neri Elementary School, and Muhammad University.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2021
Sold by
1962 E 71St Llc
Bought by
71St And Jeffery Llc
Current Estimated Value
Purchase Details
Closed on
Aug 27, 2014
Sold by
Jeffery Investment Llc
Bought by
1962 E 71St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,100,000
Interest Rate
4.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 16, 2008
Sold by
Lasalle Bank National Association
Bought by
Jeffrey Investment Llc and Pami Midatlantic Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 71St And Jeffery Llc | $3,851,500 | Proper Title | |
| 1962 E 71St Llc | $2,240,000 | None Available | |
| Jeffrey Investment Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1962 E 71St Llc | $7,100,000 |
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 |
|---|---|---|---|---|
| 2025 | $22,411 | $210,925 | $8,631 | $202,294 |
| 2024 | $22,411 | $210,925 | $8,631 | $202,294 |
| 2023 | $21,770 | $105,842 | $7,768 | $98,074 |
| 2022 | $21,770 | $105,842 | $7,768 | $98,074 |
| 2021 | $32,744 | $162,833 | $11,950 | $150,883 |
| 2020 | $58,779 | $263,856 | $11,950 | $251,906 |
| 2019 | $57,264 | $285,018 | $11,950 | $273,068 |
| 2018 | $46,636 | $236,089 | $11,950 | $224,139 |
| 2017 | $32,943 | $153,033 | $9,958 | $143,075 |
| 2016 | $37,278 | $186,123 | $9,958 | $176,165 |
| 2015 | $41,047 | $224,000 | $9,958 | $214,042 |
| 2014 | $31,415 | $169,319 | $9,958 | $159,361 |
| 2013 | $40,560 | $223,008 | $9,958 | $213,050 |
Source: Public Records
Map
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