NOT LISTED FOR SALE

2824 W Madison St Chicago, IL 60612

Garfield Park Neighborhood

Estimated Value: $202,385

0.05 Acre
$4,047,700 Price per Acre
2,178 Sq Ft Lot

Sale Details

Date Sold: April 30, 2018

Last sale price $70,000

Est. 189% increase in value since last sale

Current estimated payment $1,171 / mo

244 Days on Market

About This Lot

As of April 2018

Investor Redevelopment Opportunity. Situated in the vicinity of many larger development projects of different product types such as Pete's Fresh Market and Johnny's IceHouse the official practice home for the Chicago Blackhawks. Property is minutes to downtown Chicago, easy access to Eisenhower I-290 Expressway, 3 blocks to Green Line CTA station, Madison Ave CTA stop, close to the Garfield Park Conservatory which is one of the largest and most impressive conservatories in the US and just 9 blocks to the United Center. The property borders on the west loop expansion with extensive new retail and residential development just east of the property.

Last Agent to Sell the Property

Ellen Baumler

Sperry Van Ness License #471002263 Listed on: 05/30/2017

Last Buyer's Agent

Ellen Baumler

Sperry Van Ness License #471002263 Listed on: 05/30/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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, Interstate Access
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Potential Use: Commercial, Condominium, Residential-Multi-Family, Residential-Single Family, Zoning Change Required
  • Utilities To Site: Electric to Site, Gas to Site, Water-Municipal
  • Zoning Type: COMMR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared, Level
  • Road Surface: Concrete

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.05
  • Frontage Access: City Street
  • Front Footage: 24

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 24 X 125
  • Estimated Land Sq Ft: 3000
  • Parcel Identification Number: 16123310380000

Tax Info

  • Taxes: 242.61

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Apr 30, 2018
Sold by
Kulp Marcia E
Bought by
Seller's Agent
Ellen Baumler
Sperry Van Ness
Buyer's Agent
Ellen Baumler
Sperry Van Ness
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Current Estimated Value
$202,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,385
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Feb 23, 2017
Sold by
Kulp Marcia E
Bought by
Kulp Marcia E and The Marcia E Kulp Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Garfield Park, IL

  • Richard Lomax Real Estate Agent - Fulton Grace Realty

    Richard Lomax

    Fulton Grace Realty

    (312) 376-3268

    79 Total Sales

    2 in Garfield Park

    $105K - $415K Price Range

    Richard Lomax
     Section Image
  • Subica Rauf Real Estate Agent - Divine Realty

    Subica Rauf

    Divine Realty

    (888) 719-4287

    96 Total Sales

    1 in Garfield Park

    $305,000 Price

    Subica Rauf
     Section Image
  • Victoria Waliczek Real Estate Agent - Coldwell Banker Realty

    Victoria Waliczek

    Coldwell Banker Realty

    (312) 386-5117

    123 Total Sales

    2 in Garfield Park

    $435K - $485K Price Range

    Victoria Waliczek
     Section Image
  • Victor Senteno Real Estate Agent - Senteno Real Estate LLC

    Victor Senteno

    Senteno Real Estate LLC

    (773) 902-0547

    104 Total Sales

    4 in Garfield Park

    $92,500 Price Range

    Victor Senteno
     Section Image
  • Tiauna Perkins Real Estate Agent - Byndom Estates Realty Group

    Tiauna Perkins

    Byndom Estates Realty Group

    (844) 481-0346

    20 Total Sales

    3 in Garfield Park

    $190K - $411K Price Range

    Tiauna Perkins
     Section Image
  • Pawel Czauderna Real Estate Agent - Leader Realty, Inc.

    Pawel Czauderna

    Leader Realty, Inc.

    (224) 765-0998

    118 Total Sales

    1 in Garfield Park

    $95,000 Price

    Pawel Czauderna
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$70,000 Chicago Title
Kulp Marcia E -- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $70,000 -17.6% --
01/29/2018 01/29/18 Pending -- -- --
05/30/2017 05/30/17 For Sale $85,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $331 $3,130 $3,130
2024 $331 $3,130 $3,130
2023 $323 $1,565 $1,565
2022 $323 $1,565 $1,565 $0
2021 $316 $1,565 $1,565 $0
2020 $350 $1,565 $1,565 $0
2019 $316 $1,565 $1,565 $0
2018 $310 $1,565 $1,565 $0
2017 $286 $1,324 $1,324 $0
2016 $265 $1,324 $1,324 $0
2015 $243 $1,324 $1,324 $0
2014 $246 $1,324 $1,324 $0
2013 $241 $1,324 $1,324 $0
Source: Public Records

Agents Affiliated with this Home

  • EB

    Seller's Agent in 2018

    Ellen Baumler

    Sperry Van Ness

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09641531

Midwest Real Estate Data (MRED)

APN: 16-12-331-038-0000

Illinois Cook County Chicago 60612 Garfield Park

2824 W Madison 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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