NOT LISTED FOR SALE

2854 W 55th St Chicago, IL 60632

Gage Park Neighborhood

Estimated Value: $252,000 - $275,000

3 Beds
1 Bath
1,346 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 24, 2014

Last sale price $55,000 $41 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $1,717/month

5 Days on Market

Highlights

  • Detached Garage
  • Bungalow
  • Hot Water Heating System

About This Home

As of April 2014

HUGE CHICAGO STYLE BRICK BUNGALOW WITH 3 BEDS AND 1 BATHROOM. ORIGINAL WOOD TRIM. BIG UNFINISHED ATTIC AND BASEMENT BUT BOTH WITH INTERIOR STAIRCASES JUST WAITING FOR A BUILDOUT. GARAGE IN NEED OF REPAIR ESPECIALLY THE ROOF. LOTS OF OPPORTUNITY WITH THIS BUNGALOW.

Last Agent to Sell the Property

Joe Castillo

RE/MAX MI CASA License #471000216 Listed on: 10/25/2013

RE/MAX MI CASA

Last Buyer's Agent

Maria Castillo

RE/MAX MI CASA License #475122116

RE/MAX MI CASA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,142

Year Built

  • 1927

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,142

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 81-90 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Bungalow
  • Type Detached: 1 Story
  • Estimated Year Built: 1927
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 16X16, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X12, On Level: Main Level
  • Kitchen Type: Dimensions: 12X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level
  • Estimated Sq Ft: 1346
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick
  • Acreage: 0.0861

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Radiators

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X129
  • Parcel Identification Number: 19123300340000

Tax Info

  • Taxes: 2354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Apr 17, 2014
Sold by
Champion Mortgage Company
Bought by
Camargo Agustin
Seller's Agent
Joe Castillo
RE/MAX MI CASA
Buyer's Agent
Maria Castillo
RE/MAX MI CASA
List Price
$35,900
Sold Price
$55,000
Premium/Discount to List
$19,100
53.2%
Current Estimated Value
$267,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,410
Avg. Annual Appreciation
14.33%

Purchase Details

Closed on
Nov 11, 2013
Sold by
Siepak Edward
Bought by
Champion Mortgage Company
Source: Public Records

Range of Values:

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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
Camargo Agustin $55,000 Multiple
Champion Mortgage Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siepak Edward $345,000
Previous Owner Siepak Edward $261,000
Previous Owner Siepak Edward $16,200
Previous Owner Siepak Edward $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $55,000 +53.2% $41 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $35,900 -- $27 / 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 $3,142 $19,000 $1,875 $17,125
2023 $3,042 $18,130 $3,188 $14,942
2022 $3,042 $18,130 $3,188 $14,942
2021 $3,151 $18,999 $3,187 $15,812
2020 $2,044 $12,220 $3,187 $9,033
2019 $2,083 $13,731 $3,187 $10,544
2018 $2,047 $13,731 $3,187 $10,544
2017 $1,982 $12,521 $2,812 $9,709
2016 $2,021 $12,521 $2,812 $9,709
2015 $2,311 $12,521 $2,812 $9,709
2014 $2,432 $13,008 $2,625 $10,383
2013 $2,385 $13,008 $2,625 $10,383
Source: Public Records

Agents Affiliated with this Home

  • Joe Castillo

    Seller's Agent in 2014

    Joe Castillo

    RE/MAX

    (773) 255-6532

    2 in this area

    150 Total Sales

    Joe Castillo
    Section Image
  • Maria Castillo

    Buyer's Agent in 2014

    Maria Castillo

    RE/MAX

    (773) 251-0325

    20 in this area

    308 Total Sales

    Maria Castillo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08475952

Midwest Real Estate Data (MRED)

APN: 19-12-330-034-0000

Illinois Cook County Chicago 60629 Gage Park

2854 W 55th St, Chicago, IL

This home is located at 2854 W 55th St, Chicago, IL 60632 since 25 October 2013 and is currently estimated at $267,410, approximately $198 per square foot. This property was built in 1927. 2854 W 55th St is a home located in Cook County with nearby schools including Carson Elementary School, Kelly High School, and Acero - Rufino Tamayo Elementary School.

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