NOT LISTED FOR SALE

2202 W Cermak Rd Chicago, IL 60608

Heart of Chicago Neighborhood

Estimated Value: $782,000 - $1,300,000

9 Beds
4 Baths
8,424 Sq Ft
$124/Sq Ft Est. Value

About This Home

This home is located at 2202 W Cermak Rd, Chicago, IL 60608 and is currently estimated at $1,041,000, approximately $123 per square foot. 2202 W Cermak Rd is a home located in Cook County with nearby schools including Pickard Elementary School, Juarez Community Academy High School, and St Paul Our Lady Of Vilna.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 1997
Sold by
Ramos Carmen
Bought by
Metropolitan Bank & Trust Company and Trust #2139
Current Estimated Value
$1,041,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$32,000
Interest Rate
8.5%
Mortgage Type
Commercial
Estimated Equity
$1,314,000
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Metropolitan Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Albant Bank $56,713
Closed Metropolitan Bank & Trust Co $24,000
Closed Metropolitan Bank & Trust Co $40,000
Open Metropolitan Bank & Trust Company $150,000
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 $7,853 $89,000 $12,025 $76,975
2023 $7,381 $69,000 $9,750 $59,250
2022 $7,381 $69,000 $9,750 $59,250
2021 $6,567 $69,000 $9,750 $59,250
2020 $6,827 $33,747 $7,637 $26,110
2019 $5,901 $38,790 $7,637 $31,153
2018 $6,984 $38,790 $7,637 $31,153
2017 $7,999 $40,535 $6,662 $33,873
2016 $7,619 $40,535 $6,662 $33,873
2015 $4,487 $40,535 $6,662 $33,873
2014 $7,257 $41,682 $5,850 $35,832
2013 $7,103 $41,682 $5,850 $35,832
Source: Public Records

Map

Illinois Cook County Chicago 60608 Heart of Chicago

2202 W Cermak Rd, Chicago, IL

This home is located at 2202 W Cermak Rd, Chicago, IL 60608 and is currently estimated at $1,041,000, approximately $123 per square foot. 2202 W Cermak Rd is a home located in Cook County with nearby schools including Pickard Elementary School, Juarez Community Academy High School, and St Paul Our Lady Of Vilna.

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