NOT LISTED FOR SALE

2851 W Cermak Rd Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $273,000 - $424,000

2 Beds
2 Baths
1,600 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 2851 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $342,344, approximately $213 per square foot. 2851 W Cermak Rd is a home located in Cook County with nearby schools including Hammond Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Midtown Llc Series 2851 C
Bought by
Uribe Maximiliano
Current Estimated Value
$342,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$184,169
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$158,175

Purchase Details

Closed on
Apr 8, 2017
Sold by
Mason James R and Mason Margaret A
Bought by
Midtown Llc

Purchase Details

Closed on
Oct 18, 2016
Sold by
United States Of America
Bought by
Mason James R and Mason Margaret A

Purchase Details

Closed on
Jan 17, 2002
Sold by
Giron Ada A
Bought by
Metropolitan Bank & Trust Company and Trust #1442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2001
Sold by
Cosmopolitan Bank & Trust
Bought by
Giron Ada A
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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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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
Uribe Maximiliano $230,000 Attorney
Midtown Llc -- Attorney
Mason James R $75,000 First American Title
Metropolitan Bank & Trust Company -- --
Giron Ada A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uribe Maximiliano $200,000
Previous Owner Metropolitan Bank & Trust Company $109,000
Source: Public Records

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 $3,368 $18,170 $4,495 $13,675
2023 $3,283 $15,963 $3,643 $12,320
2022 $3,283 $15,963 $3,643 $12,320
2021 $3,210 $15,962 $3,642 $12,320
2020 $2,899 $13,014 $3,642 $9,372
2019 $3,040 $15,133 $3,642 $11,491
2018 $2,989 $15,133 $3,642 $11,491
2017 $6,289 $29,216 $6,393 $22,823
2016 $6,985 $34,875 $6,393 $28,482
2015 $6,391 $34,875 $6,393 $28,482
2014 $6,471 $34,875 $6,393 $28,482
2013 $6,343 $34,875 $6,393 $28,482
Source: Public Records

Map

Illinois Cook County Chicago 60623 Little Village

2851 W Cermak Rd, Chicago, IL

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