NOT LISTED FOR SALE

Estimated Value: $304,000

0.06 Acre
$5,066,667 Price per Acre
2,614 Sq Ft Lot

Last Sold September 25, 2019

Last sale price $46,667

Est. 551% increase in value since last sale

Current estimated payment $1,642/month

3 Days on Market

About This Lot

As of September 2019

Commercial, Three vacant lots. 2502, 2504, 2506. 2502 W 47th is $60,000. Lot Dimension is 24 X 125. 2504 W 47th is $60,000. Lot Dimension is 24 X 125. 2506 W 47th is $60,000. Lot Dimension is 24 X 125. The three adjacent lots must be sold as one package. Zoning is B-2. Great potential for retail, office, laundry mat. Total Lot Dimesions are 72 X 125 for all three lots. Drive by, Busy street, Public transportation, NWE Chicago public school bulit two blocks south. Close to Orange Line.

Last Agent to Sell the Property

Adnan Elhaj

Guidance Realty License #471008758 Listed on: 08/06/2019

Last Buyer's Agent

Jose Martinez

RE/MAX Mi Casa License #471019209

RE/MAX Mi Casa

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $574

Lot Details

Location

  • Property is near a bus stop

Property Details

Property Type

Land

Est. Annual Taxes

$574

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Commuter Bus
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Ownership Type: Individual
  • Potential Use: Commercial, Office and Research, Retail
  • Total Listed Lots Avail: 3
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared, Level
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: .25-.49 Acre
  • Acreage: 0.06
  • Frontage Access: City Street
  • Front Footage: 24

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 24X125
  • Estimated Land Sq Ft: 3024
  • Parcel Identification Number: 19014270670000

Tax Info

  • Taxes: 1610.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Aug 20, 2019
Sold by
Marquette Bank
Bought by
Martinez Raul T
Seller's Agent
Adnan Elhaj
Guidance Realty
Buyer's Agent
Jose Martinez
RE/MAX Mi Casa
List Price
$60,000
Sold Price
$46,667
Premium/Discount to List
-$13,333
-22.22%
Current Estimated Value
$304,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,333
Avg. Annual Appreciation
36.03%

Purchase Details

Closed on
Oct 25, 2006
Sold by
El Haj Adnan and El Haj Marwan
Bought by
Marquette Bank and Trust #18155

Purchase Details

Closed on
Mar 1, 1995
Sold by
Uptown National Bank Of Chicago
Bought by
Elhaj Adnan and Elhaj Marwan
Source: Public Records

Range of Values:

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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
Martinez Raul T $140,000 Old Republic Title
Marquette Bank -- None Available
Elhaj Adnan $39,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $46,667 -22.2% --
08/09/2019 08/09/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $60,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $574 $4,536 $4,536 --
2023 $560 $2,722 $2,722 --
2022 $560 $2,722 $2,722 $0
2021 $547 $2,721 $2,721 $0
2020 $606 $2,721 $2,721 $0
2019 $547 $2,721 $2,721 $0
2018 $538 $2,721 $2,721 $0
2017 $537 $2,494 $2,494 $0
2016 $500 $2,494 $2,494 $0
2015 $457 $2,494 $2,494 $0
2014 $463 $2,494 $2,494 $0
2013 $454 $2,494 $2,494 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10476911

Midwest Real Estate Data (MRED)

APN: 19-01-427-067-0000