NOT LISTED FOR SALE

2548 S Blue Island Ave Unit 405 Chicago, IL 60608

Heart of Chicago Neighborhood

Estimated Value: $281,000 - $350,000

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

About This Home

This home is located at 2548 S Blue Island Ave Unit 405, Chicago, IL 60608 and is currently estimated at $318,690. 2548 S Blue Island Ave Unit 405 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
May 22, 2024
Sold by
Gallardo Magdalena M
Bought by
Saldana Monica Aranda
Current Estimated Value
$318,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2017
Sold by
Hjh Homes Inc
Bought by
Gallardo Magdalena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
Palma Russell R De
Bought by
Hjh Homes Inc

Purchase Details

Closed on
Oct 14, 2010
Sold by
2556 Blue Island Llc
Bought by
Depalma Russell R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,801
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Saldana Monica Aranda $295,000 Chicago Title
Gallardo Magdalena M $220,000 First American Title
Hjh Homes Inc $164,000 None Available
Depalma Russell R $234,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saldana Monica Aranda $280,250
Previous Owner Gallardo Magdalena M $206,000
Previous Owner Gallardo Magdalena M $209,000
Previous Owner Depalma Russell R $230,801
Source: Public Records

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 $4,450 $26,804 $2,131 $24,673
2023 $4,316 $24,405 $1,353 $23,052
2022 $4,316 $24,405 $1,353 $23,052
2021 $4,238 $24,404 $1,353 $23,051
2020 $3,878 $20,510 $1,353 $19,157
2019 $3,916 $22,921 $1,353 $21,568
2018 $3,849 $22,921 $1,353 $21,568
2017 $4,908 $22,797 $1,180 $21,617
2016 $4,566 $22,797 $1,180 $21,617
2015 $4,177 $22,797 $1,180 $21,617
2014 $3,759 $20,261 $1,036 $19,225
2013 $3,685 $20,261 $1,036 $19,225
Source: Public Records

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