NOT LISTED FOR SALE

2048 W Belmont Ave Unit 1 Chicago, IL 60618

Roscoe Village Neighborhood

Estimated Value: $404,793

-- Bed
-- Bath
9,999 Sq Ft
$40/Sq Ft Est. Value

About This Home

This home is located at 2048 W Belmont Ave Unit 1, Chicago, IL 60618 and is currently estimated at $404,793, approximately $40 per square foot. 2048 W Belmont Ave Unit 1 is a home located in Cook County with nearby schools including John James Audubon Elementary School, Lake View High School, and Saint Luke Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Dieck Thomas Adams and Dieck Nathan Katharine
Bought by
Kabs Llc
Current Estimated Value
$404,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$262,594
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$142,199

Purchase Details

Closed on
May 27, 2021
Sold by
Dieck Thomas Adams and Dieck Nathan Katharine
Bought by
Dieck Thomas Adams and Dieck Nathan Katharine

Purchase Details

Closed on
May 24, 2013
Sold by
Plaza Bk
Bought by
Dieck Thomas Adams and Dieck Nathan Katharine

Purchase Details

Closed on
Feb 28, 2013
Sold by
Schafer Gary
Bought by
Plaza Bank

Purchase Details

Closed on
Feb 28, 2007
Sold by
2048 Commercial Llc
Bought by
Schafer Gary and Schafer Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2006
Sold by
Shudder Club Llc
Bought by
2048 Commercial Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
7.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Kabs Llc $390,000 First American Title
Dieck Thomas Adams -- Attorney
Dieck Thomas Adams $125,000 --
Dieck Thomas Adams $125,000 --
Dieck Thomas Adams $125,000 --
Plaza Bank -- None Available
Schafer Gary $368,500 None Available
2048 Commercial Llc $325,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabs Llc $285,000
Previous Owner Madcharab Co Llc $177,000
Previous Owner Schafer Gary $242,500
Previous Owner Schaffer Gary $169,750
Previous Owner 2048 Commercial Llc $243,750
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 $15,774 $80,750 $11,712 $69,038
2023 $15,378 $74,765 $11,711 $63,054
2022 $15,378 $74,765 $11,711 $63,054
2021 $15,034 $74,764 $11,711 $63,053
2020 $16,510 $74,112 $11,711 $62,401
2019 $14,890 $74,112 $11,711 $62,401
2018 $14,640 $74,112 $11,711 $62,401
2017 $10,320 $47,938 $9,759 $38,179
2016 $9,601 $47,938 $9,759 $38,179
2015 $8,784 $47,938 $9,759 $38,179
2014 $15,028 $80,994 $8,490 $72,504
2013 $14,731 $80,994 $8,490 $72,504
Source: Public Records

Map

Illinois Cook County Chicago 60618 Roscoe Village

2048 W Belmont Ave Unit 1, Chicago, IL

This home is located at 2048 W Belmont Ave Unit 1, Chicago, IL 60618 and is currently estimated at $404,793, approximately $40 per square foot. 2048 W Belmont Ave Unit 1 is a home located in Cook County with nearby schools including John James Audubon 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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