2550 W Thomas St Chicago, IL 60622
Ukrainian Village Neighborhood
4
Beds
2
Baths
1,334
Sq Ft
2,879
Sq Ft Lot
Highlights
- Second Kitchen
- In-Law or Guest Suite
- Combination Dining and Living Room
- Den
- Central Air
- 4-minute walk to SinoJ Park
About This Home
As of August 2018Rehabbers, Remodelers, Builders, come see your next million dollar project. This 1885 brick house is ready for your vision. You can't beat this location in East Humbolt Park. Build this into a beautiful million dollar single family home, or get it rezoned and build into condo's, either way you make money. Now is the time to get your next project started. Don't miss out on this great opportunity!
Last Agent to Sell the Property
Greg Skinner
Baird & Warner, Inc. Listed on: 12/08/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,401
Year Built
- Built in 1885
Lot Details
- 2,879 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,334 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Den
- Second Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Potential Bedrooms
- In-Law or Guest Suite
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 2020
Sold by
Rama Group International Inc
Bought by
Yohannan Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 8, 2017
Closed on
Aug 9, 2018
Sold by
Fifueroa Yolanda
Bought by
Rama Group International Inc
Seller's Agent
Greg Skinner
Baird & Warner, Inc.
Buyer's Agent
Amit Kapur
Kale Realty
List Price
$349,000
Sold Price
$270,000
Premium/Discount to List
-$79,000
-22.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$476,000
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 30, 1996
Sold by
Zayas Pablo and Zayas Carmen
Bought by
Gonzalez Raquel and Figueroa Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
7.93%
Mortgage Type
FHA
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $740,000 | Proper Title Llc | |
| Warranty Deed | $270,000 | Chicago Title | |
| Warranty Deed | $115,000 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $740,000 | New Conventional | |
| Previous Owner | $476,000 | Construction | |
| Previous Owner | $112,700 | FHA | |
| Previous Owner | $114,500 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $849,900 | 0.0% | $393 / Sq Ft |
| 05/03/2025 05/03/25 | Off Market | $849,900 | -- | -- |
| 05/02/2025 05/02/25 | For Sale | $849,900 | 0.0% | $393 / Sq Ft |
| 01/15/2025 01/15/25 | Price Changed | $849,900 | -5.6% | $393 / Sq Ft |
| 05/28/2024 05/28/24 | For Sale | $899,900 | +233.3% | $417 / Sq Ft |
| 08/09/2018 08/09/18 | Sold | $270,000 | -12.9% | $202 / Sq Ft |
| 06/15/2018 06/15/18 | Pending | -- | -- | -- |
| 05/22/2018 05/22/18 | Price Changed | $310,000 | -4.6% | $232 / Sq Ft |
| 05/12/2018 05/12/18 | Price Changed | $325,000 | -4.1% | $244 / Sq Ft |
| 03/12/2018 03/12/18 | Price Changed | $339,000 | -2.9% | $254 / Sq Ft |
| 12/08/2017 12/08/17 | For Sale | $349,000 | -- | $262 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $9,523 | $46,000 | $16,128 | $29,872 |
| 2023 | $9,256 | $45,000 | $12,960 | $32,040 |
| 2022 | $9,256 | $45,000 | $12,960 | $32,040 |
| 2021 | $9,049 | $45,000 | $12,960 | $32,040 |
| 2020 | $2,199 | $9,869 | $7,344 | $2,525 |
| 2019 | $2,203 | $10,966 | $7,344 | $3,622 |
| 2018 | $8,607 | $43,571 | $7,344 | $36,227 |
| 2017 | $989 | $23,064 | $6,480 | $16,584 |
| 2016 | $1,401 | $23,064 | $6,480 | $16,584 |
| 2015 | $1,347 | $23,064 | $6,480 | $16,584 |
| 2014 | $1,335 | $20,727 | $5,760 | $14,967 |
| 2013 | $1,340 | $20,727 | $5,760 | $14,967 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie LoVerde
Seller's Agent in 2025
Stephanie LoVerde
Baird Warner
(847) 903-8589
2 in this area
273 Total Sales
-
Seller's Agent in 2018
Greg Skinner
Baird & Warner, Inc.
-
Amit Kapur
A
Buyer's Agent in 2018
Amit Kapur
Kale Realty
(312) 939-5253
1 in this area
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09814922
APN: 16-01-406-029-0000
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