$273,000
SOLD MAR 31, 2025
2 Beds
2 Baths
1,116 Sq Ft
4,735 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

10% Below List Price

54 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Air
  • Living Room
  • 1-Story Property
  • 1-minute walk to Veterans Memorial Park

About This Home

As of March 2025

Welcome to 2850 E 98th St, a delightful single-family home nestled in the heart of South Chicago. This cozy bungalow offers plenty of living space. With 2 bedrooms and 2 full bathrooms, this home is perfect for families or anyone looking for a comfortable and inviting space. The finished basement includes a full bathroom, a recreation room, ideal for a home office, gym, or play area. The home is installed with Google Home System with built-in surround system in the bathrooms and in the basement.

Last Agent to Sell the Property

Jose Fernandez

Better Homes and Gardens License #475177591 Listed on: 01/06/2025

Better Homes and Gardens

Co-Listed By

Juan Tamayo

Better Homes and Gardens License #475205534

Last Buyer's Agent

Juanita Nunez

McColly Real Estate License #475212451

McColly Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1955 | Remodeled in 2023

Lot Details

  • 4,735 Sq Ft Lot
  • Lot Dimensions are 72x73

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

Built in 1955 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Humidifier
  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • LivingArea: 1116
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1150
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 1150
  • Flooring: Hardwood

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1087
  • Lot Dimensions: 72X73
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2749.55
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Mar 31, 2025
Sold by
Ramirez Jaylen D
Bought by
Larios Juventina and De Oca Enrique
Seller's Agent
Jose Fernandez
Better Homes and Gardens
Buyer's Agent
Juanita Nunez
McColly Real Estate
List Price
$305,000
Sold Price
$273,000
Premium/Discount to List
-$32,000
-10.49%
Views
88
Current Estimated Value
$272,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$916
Avg. Annual Appreciation
-0.46%
Original Mortgage
$259,350
Outstanding Balance
$258,326
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$13,758

Purchase Details

Closed on
Sep 21, 2023
Sold by
Basulto Jose
Bought by
Ramirez Jaylen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2020
Sold by
Babich Carol and Ivancich John
Bought by
Basulto Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,003
Interest Rate
3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Warranty Deed $273,000 None Listed On Document
Warranty Deed $275,000 None Listed On Document
Deed $160,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,350 New Conventional
Previous Owner $270,019 FHA
Previous Owner $157,003 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $273,000 -5.8% $245 / Sq Ft
02/15/2025 02/15/25 Price Changed $289,900 -3.0% $260 / Sq Ft
01/20/2025 01/20/25 Price Changed $299,000 -2.0% $268 / Sq Ft
01/06/2025 01/06/25 For Sale $305,000 -- $273 / 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 $2,750 $13,600 $3,552 $10,048
2023 $2,682 $13,000 $5,920 $7,080
2022 $2,682 $13,000 $5,920 $7,080
2021 $2,622 $13,000 $5,920 $7,080
2020 $2,353 $10,536 $4,262 $6,274
2019 $951 $11,578 $4,262 $7,316
2018 $932 $11,578 $4,262 $7,316
2017 $1,118 $12,499 $3,788 $8,711
2016 $1,529 $12,499 $3,788 $8,711
2015 $1,470 $12,499 $3,788 $8,711
2014 $1,548 $13,026 $2,841 $10,185
2013 $1,553 $13,026 $2,841 $10,185
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12264786

Midwest Real Estate Data (MRED)

APN: 26-06-128-045-0000