NOT LISTED FOR SALE

2500 W 40th St Chicago, IL 60632

Brighton Park Neighborhood

Estimated Value: $283,000 - $374,000

3 Beds
1 Bath
1,045 Sq Ft
$315/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2018

Last sale price $250,000 $239 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,037 / mo

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Dining Room
  • Living Room
  • Central Air
  • Senior Tax Exemptions

About This Home

As of March 2018

Cozy 3 bedroom, 1 bath, brick bungalow on a corner lot in Brighton Park near Archer and Western. As you enter, you are greeted by a wide living room that flows nicely to an open dining area and kitchen. 3 bedrooms and 1 full bathroom complete the floor. The lower level is wide open, running the length of the home, and is ready for your ideas. This home has a 2 car garage complete with the classic Chicago party door. Sold as-is.

Last Agent to Sell the Property

Nate Buttrey

Fulton Grace Realty License #475129309 Listed on: 02/15/2018

Fulton Grace Realty

Last Buyer's Agent

Nancy Ip

Landmark & Property Group, Inc License #471018940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1958

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 24 x 125

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,231

Year Built

Built in 1958

Lot Details

3,001 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1958
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0689
  • Lot Dimensions: 24 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2230.81
  • Tax Year: 2016
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 26, 2018
Sold by
Bought by
Seller's Agent
Nate Buttrey
Fulton Grace Realty
Buyer's Agent
Nancy Ip
Landmark & Property Group, Inc
List Price
$150,000
Sold Price
$250,000
Premium/Discount to List
$100,000
66.67%
Current Estimated Value
$329,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,255
Avg. Annual Appreciation
3.42%
Original Mortgage
$112,000
Outstanding Balance
$94,123
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$235,132

Purchase Details

Closed on
Apr 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 First American Title
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $112,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $250,000 0.0% $239 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/19/2018 02/19/18 Off Market $250,000 -- --
02/15/2018 02/15/18 For Sale $150,000 -- $144 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,485 $27,000 $3,750 $23,250
2024 $3,485 $27,000 $3,750 $23,250
2023 $3,843 $19,741 $3,000 $16,741
2022 $3,843 $22,000 $3,000 $19,000
2021 $3,754 $22,000 $3,000 $19,000
2020 $2,596 $14,680 $3,000 $11,680
2019 $3,373 $16,682 $3,000 $13,682
2018 $3,317 $16,682 $3,000 $13,682
2017 $2,009 $15,346 $2,700 $12,646
2016 $2,231 $15,346 $2,700 $12,646
2015 $2,003 $15,346 $2,700 $12,646
2014 $1,824 $14,158 $2,550 $11,608
2013 $1,769 $14,158 $2,550 $11,608
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nate Buttrey

    Fulton Grace

    Section Image
  • Nancy Ip

    Buyer's Agent in 2018

    Nancy Ip

    Landmark & Property Group, Inc

    (773) 299-1228

    5 in this area

    47 Total Sales

    Nancy Ip
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09858127

Midwest Real Estate Data (MRED)

APN: 19-01-203-046-0000

Illinois Cook County Chicago 60632 Brighton Park

2500 W 40th St, Chicago, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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