Seller's Agent in 2023
Jeanne Rickard
Compass
(847) 323-0324
1 in this area
62 Total Sales
2119 S State St Chicago, IL 60616
South Loop NeighborhoodEstimated Value: $1,442,000
0.23
Acre
$6,380,531
Price per Acre
9,845
Sq Ft Lot
About This Lot
As of November 2023Prime location at State and Cermak next to the green line Cermak stop and steps away from McCormick Place. Zoned DX-5 An 8,829 square foot (0.203 acre), generally rectangular shaped interior site has 83.85' of frontage on the East side of State Street and depths of 108' along its North line and 105' along its South line. The rear 12' of the site comprises the vacated public alley along the East line. Highest and Best Use: Development to the maximum density permitted, with a multi-story building with commercial use on the ground floor and residential or office uses above the ground floor.
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,080
Lot Details
Additional Features
- Lot Dimensions are 84x105
- Gas Available at Street
Community Details
Amenities
- No Laundry Facilities
Recreation
- Electricity Available at Street
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2023
Closed on
Oct 16, 2023
Sold by
Marquette Bank
Bought by
Wemi Properties Llc
Seller's Agent
Jeanne Rickard
Compass
Buyer's Agent
Jon Zalecki
One Real Estate Chicago LLC
List Price
$1,300,000
Sold Price
$1,175,000
Premium/Discount to List
-$125,000
-9.62%
Views
116
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,000
Avg. Annual Appreciation
11.07%
Original Mortgage
$263,257
Interest Rate
7.76%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 19, 2001
Sold by
Kishta Nidal and Kishta Mamoon
Bought by
Marquette National Bank and Trust #15684
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wemi Properties Llc | $1,175,000 | Citywide Title | |
| Marquette National Bank | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wemi Properties Llc | $263,257 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $1,175,000 | -9.6% | -- |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $1,300,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $15,828 | $123,927 | $122,888 | $1,039 |
| 2023 | $15,427 | $74,772 | $73,733 | $1,039 |
| 2022 | $15,427 | $74,772 | $73,733 | $1,039 |
| 2021 | $15,080 | $74,770 | $73,732 | $1,038 |
| 2020 | $16,656 | $74,770 | $73,732 | $1,038 |
| 2019 | $15,022 | $74,770 | $73,732 | $1,038 |
| 2018 | $14,770 | $74,770 | $73,732 | $1,038 |
| 2017 | $19,077 | $88,617 | $86,021 | $2,596 |
| 2016 | $17,749 | $88,617 | $86,021 | $2,596 |
| 2015 | $16,239 | $88,617 | $86,021 | $2,596 |
| 2014 | $4,560 | $24,577 | $24,577 | $0 |
| 2013 | $4,470 | $24,577 | $24,577 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeanne Rickard
-
Jon Zalecki
Buyer's Agent in 2023
Jon Zalecki
One Real Estate Chicago LLC
(815) 355-4061
1 in this area
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11772798
APN: 17-22-317-029-0000
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