NOT LISTED FOR SALE

2853 W Cermak Rd Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $394,000 - $589,000

-- Bed
5 Baths
-- Sq Ft
2,962 Sq Ft Lot

About This Home

This home is located at 2853 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $494,409. 2853 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
Jan 21, 2020
Sold by
Midtown Llc
Bought by
Mcgee Lanard V
Current Estimated Value
$494,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.5%
Mortgage Type
Commercial

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
Albany Bank & Trust Company N A
Bought by
Mason James R and Mason Margaret 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
Mcgee Lanard V $315,000 Greater Illinois Title
Midtown Llc -- Attorney
Mason James R $100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcgee Lanard V $220,500
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 $4,642 $29,000 $4,315 $24,685
2023 $4,525 $22,000 $3,497 $18,503
2022 $4,525 $22,000 $3,497 $18,503
2021 $4,424 $21,999 $3,496 $18,503
2020 $3,494 $15,683 $3,496 $12,187
2019 $3,664 $18,237 $3,496 $14,741
2018 $2,146 $10,866 $3,496 $7,370
2017 $2,361 $10,969 $3,124 $7,845
2016 $4,268 $21,308 $3,124 $18,184
2015 $3,905 $21,308 $3,124 $18,184
2014 $3,858 $20,795 $2,976 $17,819
2013 $3,782 $20,795 $2,976 $17,819
Source: Public Records

Map

Illinois Cook County Chicago 60623 Little Village

2853 W Cermak Rd, Chicago, IL

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