NOT LISTED FOR SALE

2855 W Cermak Rd Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $421,000 - $672,000

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

About This Home

This home is located at 2855 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $572,941. 2855 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 24, 2019
Sold by
Mfm Management Llc
Bought by
Garcia Gerardo G and Taveras Tania G
Current Estimated Value
$572,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,706
Outstanding Balance
$270,024
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$302,917

Purchase Details

Closed on
May 3, 2017
Sold by
Kim Jong Yul and Kim Chong Suk
Bought by
Mfm Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,284
Interest Rate
4.14%
Mortgage Type
Commercial
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
Garcia Gerardo G $350,000 None Available
Mfm Management Llc $211,000 Precision Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Gerardo G $302,706
Previous Owner Mfm Management Llc $167,284
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 $6,119 $41,000 $4,315 $36,685
2023 $5,965 $29,000 $3,497 $25,503
2022 $5,965 $29,000 $3,497 $25,503
2021 $5,831 $28,999 $3,496 $25,503
2020 $4,610 $20,695 $3,496 $17,199
2019 $4,835 $24,065 $3,496 $20,569
2018 $2,722 $13,780 $3,496 $10,284
2017 $5,255 $24,412 $3,124 $21,288
2016 $4,032 $24,412 $3,124 $21,288
2015 $3,649 $24,412 $3,124 $21,288
2014 $4,301 $23,183 $2,976 $20,207
2013 $3,397 $23,183 $2,976 $20,207
Source: Public Records

Map

Illinois Cook County Chicago 60623 Little Village

2855 W Cermak Rd, Chicago, IL

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