2842 W Cermak Rd Chicago, IL 60623
Little Village NeighborhoodEstimated Value: $275,000 - $436,000
--
Bed
6
Baths
--
Sq Ft
3,006
Sq Ft Lot
About This Home
This home is located at 2842 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $355,500. 2842 W Cermak Rd is a home located in Cook County with nearby schools including Hammond Elementary School, Latino Youth High School, and Our Lady of Tepeyac Grade School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2004
Sold by
Rincon Clemente and Rincon Yolanda
Bought by
Lasalle Bank Na and Trust #133091
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$109,819
Interest Rate
6.1%
Mortgage Type
Commercial
Estimated Equity
$245,681
Purchase Details
Closed on
Dec 12, 2000
Sold by
Metropolitan Bank & Trust Company
Bought by
Rincon Clemente and Rincon Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,146,250
Interest Rate
9.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 4, 1999
Sold by
Curotto Amadeo
Bought by
Metropolitan Bank & Trust Company and Trust #2206
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lasalle Bank Na | $275,000 | Heritage Title Company | |
| Rincon Clemente | $195,000 | -- | |
| Metropolitan Bank & Trust Company | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lasalle Bank Na | $220,000 | |
| Previous Owner | Rincon Clemente | $1,146,250 |
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 | $2,110 | $18,261 | $4,386 | $13,875 |
| 2023 | $2,057 | $10,000 | $3,554 | $6,446 |
| 2022 | $2,057 | $10,000 | $3,554 | $6,446 |
| 2021 | $2,011 | $9,999 | $3,554 | $6,445 |
| 2020 | $2,586 | $11,610 | $3,554 | $8,056 |
| 2019 | $2,713 | $13,501 | $3,554 | $9,947 |
| 2018 | $2,667 | $13,501 | $3,554 | $9,947 |
| 2017 | $3,606 | $16,752 | $3,176 | $13,576 |
| 2016 | $3,355 | $16,752 | $3,176 | $13,576 |
| 2015 | $3,070 | $16,752 | $3,176 | $13,576 |
| 2014 | $2,793 | $15,055 | $3,025 | $12,030 |
| 2013 | $2,738 | $15,055 | $3,025 | $12,030 |
Source: Public Records
Map
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