1962 E 71st Place Chicago, IL 60649
South Shore NeighborhoodEstimated Value: $4,659,198
2
Beds
1
Bath
--
Sq Ft
0.31
Acres Lot
About This Home
This home is located at 1962 E 71st Place, Chicago, IL 60649 and is currently estimated at $4,659,198. 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
Mar 4, 2026
Sold by
71St And Jeffery Llc
Bought by
Jeffery Collection Llc and Jeffrey Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,607,500
Outstanding Balance
$3,607,500
Interest Rate
6.11%
Mortgage Type
Construction
Estimated Equity
$1,051,698
Purchase Details
Closed on
Sep 1, 2021
Sold by
1962 E 71St Llc
Bought by
71St And Jeffery Llc
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeffery Collection Llc | $5,650,000 | None Listed On Document | |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jeffery Collection Llc | $3,607,500 | |
| 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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