2245 W Cermak Rd Chicago, IL 60608
Heart of Chicago NeighborhoodEstimated Value: $284,667 - $328,000
3
Beds
3
Baths
1,073
Sq Ft
$285/Sq Ft
Est. Value
About This Home
This home is located at 2245 W Cermak Rd, Chicago, IL 60608 and is currently estimated at $306,334, approximately $285 per square foot. 2245 W Cermak Rd is a home located in Cook County with nearby schools including Ruiz 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
Mar 22, 1997
Sold by
Armas Maria T and Madrigal Simon
Bought by
Armas Clemente and Armas Maria T
Current Estimated Value
Purchase Details
Closed on
Dec 1, 1996
Sold by
The Chicago Trust Company
Bought by
Armas Maria T and Madrigal Simon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.74%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Armas Clemente | -- | -- | |
Armas Maria T | $75,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Armas Clemente | $114,000 | |
Closed | Armas Maria Teresa | $30,000 | |
Closed | Armas Clemente | $25,050 | |
Closed | Armas Clemente | $68,000 | |
Closed | Armas Maria T | $71,250 |
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 | $4,081 | $25,000 | $8,880 | $16,120 |
2023 | $4,081 | $26,000 | $7,200 | $18,800 |
2022 | $4,081 | $26,000 | $7,200 | $18,800 |
2021 | $1,067 | $26,000 | $7,200 | $18,800 |
2020 | $2,483 | $11,148 | $5,640 | $5,508 |
2019 | $1,334 | $12,814 | $5,640 | $7,174 |
2018 | $1,310 | $12,814 | $5,640 | $7,174 |
2017 | $3,178 | $18,139 | $4,920 | $13,219 |
2016 | $3,857 | $21,752 | $4,920 | $16,832 |
2015 | $3,505 | $21,752 | $4,920 | $16,832 |
2014 | $1,430 | $17,766 | $4,320 | $13,446 |
2013 | $2,753 | $17,766 | $4,320 | $13,446 |
Source: Public Records
Map
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