2550 W 112th St Chicago, IL 60655
Morgan Park NeighborhoodEstimated Value: $259,000 - $408,000
            
                2
                Beds
            
            
            
                2
                Baths
            
            
            
                1,451
                Sq Ft
            
            
                
                    $218/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2550 W 112th St, Chicago, IL 60655 and is currently estimated at $316,178, approximately $217 per square foot. 2550 W 112th St is a home located in Cook County with nearby schools including Clissold Elementary School, Morgan Park High School, and St Cajetan Elementary School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Sep 29, 2021
            
        
                Sold by
            
            
                Tillman Mark V
            
        
                Bought by
            
            
                Mark V Tillman Revocable Living Trust
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Aug 17, 2015
            
        
                Sold by
            
            
                Wilson Elizabeth
            
        
                Bought by
            
            
                Tillman Mark V and Tillman Sharon D
            
        Purchase Details
                Closed on
            
            
                May 29, 2003
            
        
                Sold by
            
            
                Sutherland John E and Sutherland Jean P
            
        
                Bought by
            
            
                Wilson Elizabeth
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $154,800
            
        
                Interest Rate
            
            
                5.78%
            
        
                Mortgage Type
            
            
                Unknown
            
        Purchase Details
                Closed on
            
            
                Apr 5, 1999
            
        
                Sold by
            
            
                Sutherland John E and Sutherland Jean P
            
        
                Bought by
            
            
                Sutherland John E and Sutherland Jean P
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $80,000
            
        
                Interest Rate
            
            
                6.94%
            
        Purchase Details
                Closed on
            
            
                Apr 1, 1999
            
        
                Sold by
            
            
                Wallace Jean P and Sutherland Jean P
            
        
                Bought by
            
            
                Sutherland John E and Sutherland Jean P
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $80,000
            
        
                Interest Rate
            
            
                6.94%
            
        Purchase Details
                Closed on
            
            
                Dec 5, 1994
            
        
                Sold by
            
            
                Magliano Mary Patricia and Cargie Mary Patricia
            
        
                Bought by
            
            
                Reilly Charles and Herrity Maureen G
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $120,808
            
        
                Interest Rate
            
            
                9.06%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Mark V Tillman Revocable Living Trust | -- | None Listed On Document | |
| Tillman Mark V | $182,000 | None Available | |
| Wilson Elizabeth | $172,000 | Greater Illinois Title Compa | |
| Wilson Elizabeth | $172,000 | Greater Illinois Title Compa | |
| Sutherland John E | -- | -- | |
| Sutherland John E | -- | Chicago Title Insurance Co | |
| Reilly Charles | $139,000 | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Wilson Elizabeth | $154,800 | |
| Previous Owner | Sutherland John E | $80,000 | |
| Previous Owner | Reilly Charles | $120,808 | 
                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 | $3,602 | $26,000 | $3,284 | $22,716 | 
| 2023 | $3,475 | $23,000 | $2,627 | $20,373 | 
| 2022 | $3,475 | $23,000 | $2,627 | $20,373 | 
| 2021 | $3,429 | $23,000 | $2,627 | $20,373 | 
| 2020 | $3,648 | $19,439 | $2,495 | $16,944 | 
| 2019 | $3,612 | $21,362 | $2,495 | $18,867 | 
| 2018 | $3,550 | $21,362 | $2,495 | $18,867 | 
| 2017 | $3,720 | $20,618 | $2,232 | $18,386 | 
| 2016 | $3,638 | $20,618 | $2,232 | $18,386 | 
| 2015 | $3,306 | $20,618 | $2,232 | $18,386 | 
| 2014 | $3,343 | $20,541 | $2,101 | $18,440 | 
| 2013 | $3,265 | $20,541 | $2,101 | $18,440 | 
                Source: Public Records
                    
            
        Map
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