NOT LISTED FOR SALE

2625 Commercial Ave South Chicago Heights, IL 60411

Estimated Value: $128,000 - $215,000

3 Beds
2 Baths
945 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $18,200 $19 Per Sq Ft

Est. 776% increase in value since last sale

Current estimated payment $1,057/month

6 Days on Market

About This Home

As of July 2016

Two unit home home in suburban neighborhood. Unit 1 has 3 bedrooms and Unit 2 has 2 bedrooms. Full basement. Enclosed porch and sun room. Rear patio area and 2 gar detached garage. Property being sold as-is. Room sizes estimated.

Last Agent to Sell the Property

Trevor Nightengale

Basis Real Estate Group License #471007688 Listed on: 04/14/2016

Last Buyer's Agent

Tiffany Bennett

Tiffany Bennett License #471016066

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 2,614

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • List Price: 18000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 170

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 3025
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2111.23
  • Tax Year: 2014

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jul 7, 2016
Sold by
Secretary Of Hud
Bought by
Ruiz Juan
Seller's Agent
Trevor Nightengale
Basis Real Estate Group
Buyer's Agent
Tiffany Bennett
Tiffany Bennett
List Price
$18,000
Sold Price
$18,200
Premium/Discount to List
$200
1.11%
Current Estimated Value
$159,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,246
Avg. Annual Appreciation
25.19%

Purchase Details

Closed on
Jul 30, 2015
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 11, 2015
Sold by
Solis Mario S
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 21, 1998
Sold by
Jackson Roger W
Bought by
Solis Mario S and Solis Delfina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,650
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1997
Sold by
Hall Raymond and Hall Jean
Bought by
Jackson Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,540
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ruiz Juan -- Old Republic Title
Secretary Of Hud -- None Available
Bank Of America Na -- None Available
Solis Mario S $82,000 --
Jackson Roger W $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solis Mario S $82,650
Previous Owner Jackson Roger W $72,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $18,200 +1.1% $19 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $18,000 -- $19 / Sq Ft
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 $2,256 $9,106 $1,059 $8,047
2023 $1,539 $9,106 $1,059 $8,047
2022 $1,539 $6,745 $908 $5,837
2021 $1,487 $6,744 $907 $5,837
2020 $1,535 $6,744 $907 $5,837
2019 $1,970 $8,361 $831 $7,530
2018 $3,184 $8,361 $831 $7,530
2017 $3,405 $8,361 $831 $7,530
2016 $2,123 $7,474 $756 $6,718
2015 $2,068 $7,474 $756 $6,718
2014 $2,111 $7,474 $756 $6,718
2013 $2,259 $8,000 $756 $7,244
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09195452

Midwest Real Estate Data (MRED)

APN: 32-29-403-009-0000