2225 S Western Ave Chicago, IL 60608
Heart of Chicago NeighborhoodEstimated Value: $646,682 - $719,000
3
Beds
5
Baths
4,275
Sq Ft
$158/Sq Ft
Est. Value
About This Home
This home is located at 2225 S Western Ave, Chicago, IL 60608 and is currently estimated at $677,227, approximately $158 per square foot. 2225 S Western Ave is a home located in Cook County with nearby schools including Ruiz Elementary School, Juarez Community Academy High School, and Acero - Octavio Paz Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 2021
Sold by
Corona Investments Llc
Bought by
Ayala Michelle C
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
$492,012
Outstanding Balance
$439,440
Interest Rate
2.62%
Mortgage Type
FHA
Estimated Equity
$237,787
Purchase Details
Closed on
Apr 27, 2015
Sold by
Martinez Leticia
Bought by
Corona Investments Llc
Purchase Details
Closed on
Jul 16, 2007
Sold by
Montero Alberto
Bought by
Martinez Leticia
Purchase Details
Closed on
Sep 17, 2004
Sold by
Montero Elizabeth
Bought by
Montero Alberto
Purchase Details
Closed on
Apr 23, 1994
Sold by
Bravo Benjamin V and Bravo Ben
Bought by
Spano Mark
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ayala Michelle C | $509,000 | Chicago Title | |
| Corona Investments Llc | $100,500 | None Available | |
| Martinez Leticia | $383,000 | None Available | |
| Montero Alberto | -- | -- | |
| Spano Mark | $39,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ayala Michelle C | $492,012 |
Source: Public Records
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 | $7,318 | $50,000 | $8,510 | $41,490 |
| 2023 | $7,112 | $38,000 | $6,900 | $31,100 |
| 2022 | $7,112 | $38,000 | $6,900 | $31,100 |
| 2021 | $6,972 | $38,000 | $6,900 | $31,100 |
| 2020 | $5,343 | $27,088 | $5,405 | $21,683 |
| 2019 | $5,567 | $31,136 | $5,405 | $25,731 |
| 2018 | $5,472 | $31,136 | $5,405 | $25,731 |
| 2017 | $4,855 | $25,927 | $4,715 | $21,212 |
| 2016 | $4,693 | $25,927 | $4,715 | $21,212 |
| 2015 | $1,830 | $10,050 | $4,715 | $5,335 |
| 2014 | $4,090 | $24,614 | $4,140 | $20,474 |
| 2013 | -- | $24,614 | $4,140 | $20,474 |
Source: Public Records
Map
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