NOT LISTED FOR SALE

2507 E 79th St Chicago, IL 60649

South Chicago Neighborhood

Estimated Value: $407,000

0.41 Acre
$985,472 Price per Acre
17,990 Sq Ft Lot

Sale Details

Date Sold: August 14, 2015

Last sale price $15,000

Est. 2,613% increase in value since last sale

Current estimated payment $2,455 / mo

194 Days on Market

About This Lot

As of August 2015

BUILT TO SUIT GREAT INVESTMENT OPPORTUNITY AT A GREAT PRICE-POTENTIAL FOR A CAR WASH WITH 3 CONCRETE DRIVE WAY OR POSSIBLE RETAIL STORES-CURRENT TAXES ARE REFLECTED WHEN COMMERCIAL BUSINESS WAS THERE-THERE IS NO LONGER A COMMERCIAL BUILDING THERE AND SELLERS ARE WORKING ON REDUCING TAXES TO BE BASED OFF OF LAND ONLY.

Last Agent to Sell the Property

Danielle Moy

@properties Christie's International Real Estate License #475120040 Listed on: 11/23/2014

@properties Christie's International Real Estate

Last Buyer's Agent

Danielle Moy

@properties Christie's International Real Estate License #475120040 Listed on: 11/23/2014

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Location

  • Property is near bus stop

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • General Information: Commuter Bus
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Potential Use: Commercial, Office and Research, Retail
  • Utilities To Site: Gas to Site, Water to Site
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Concrete

Exterior Features

  • Lot Size: .25-.49 Acre
  • Frontage Access: City Street
  • Front Footage: 150

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 150X121
  • Estimated Land Sq Ft: 18000
  • Parcel Identification Number: 21311020020000

Tax Info

  • Taxes: $25,225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2014
Closed on
Aug 14, 2015
Sold by
Miyata Tom and Miyata Sachi
Bought by
Shraim Omar
Seller's Agent
Danielle Moy
@properties Christie's International Real Estate
Buyer's Agent
Danielle Moy
@properties Christie's International Real Estate
List Price
$80,000
Sold Price
$15,000
Premium/Discount to List
-$65,000
-81.25%
Current Estimated Value
$407,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,000
Avg. Annual Appreciation
36.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shraim Omar $15,000 Rpt
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $15,000 -81.3% --
06/05/2015 06/05/15 Pending -- -- --
11/23/2014 11/23/14 For Sale $80,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $3,577 $18,695 $18,000 $695
2024 $3,577 $18,695 $18,000 $695
2023 $3,475 $16,895 $16,200 $695
2022 $3,475 $16,895 $16,200 $695
2021 $3,397 $16,894 $16,200 $694
2020 $3,763 $16,894 $16,200 $694
2019 $3,394 $16,894 $16,200 $694
2018 $3,780 $16,894 $16,200 $694
2017 $3,269 $13,500 $13,500 $0
2016 $3,058 $13,500 $13,500 $0
2015 $2,825 $13,500 $13,500 $0
2014 $10,871 $51,300 $33,750 $17,550
2013 $25,255 $121,500 $33,750 $87,750
Source: Public Records

Agents Affiliated with this Home

  • Danielle Moy

    Seller's Agent in 2015

    Danielle Moy

    @ Properties

    (708) 466-4075

    1 in this area

    1,091 Total Sales

    Danielle Moy
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08791558

Midwest Real Estate Data (MRED)

APN: 21-31-102-002-0000

Illinois Cook County Chicago 60617 South Chicago

2507 E 79th 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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