Seller's Agent in 2024
Christopher Cucci
Cucci Realty
(708) 420-5550
1 in this area
113 Total Sales
2856 S Emerald Ave Chicago, IL 60616
Bridgeport NeighborhoodEstimated Value: $344,000 - $484,000
5
Beds
2
Baths
1,804
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Property is near park
- Tennis Courts
- Paved or Partially Paved Lot
- Healy Elementary School Rated 9+
- Two Heating Systems
- 4-minute walk to Palmisano Park
About This Home
As of June 2024**Best and Final deadline to submit offers is Sunday 12pm. **Presenting a rare investment opportunity in the thriving Bridgeport area: a legally zoned multi-unit property poised for development. Currently structured as a two-flat, this offering is sold "as is" and represents an outstanding prospect for new construction given the age and condition of the existing building. The front unit, generating a steady income of $1,000 per month on a month-to-month lease, is complemented by a vacant rear unit, ready for your vision and transformation. Situated on a desirable block brimming with potential, this property invites the astute investor to capitalize on the dynamic local real estate market. With its competitive pricing, this opportunity is not to be missed. Act swiftly to harness the possibilities of this prime development site. Your strategic investment awaits. All remaining contents will stay.
Last Agent to Sell the Property
Cucci Realty License #471019776 Listed on: 05/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,493
Year Built
- Built in 1885
Lot Details
- 2,875
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Unfinished Basement
- English Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Off-Street Parking
- Parking Space is Owned
Utilities
- Two Heating Systems
- Forced Air Heating System
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Additional Features
- Paved or Partially Paved Lot
- Property is near park
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2024
Closed on
May 31, 2024
Sold by
Georgette M Morris Declaration Of Trust and Morris Georgette M
Bought by
Cheong Kit Leng and Cheong Kit Lam
Seller's Agent
Christopher Cucci
Cucci Realty
Buyer's Agent
Josephine Wang
Concentric Realty Inc.
List Price
$250,000
Sold Price
$277,000
Premium/Discount to List
$27,000
10.8%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,725
Avg. Annual Appreciation
23.37%
Purchase Details
Closed on
May 1, 2020
Sold by
Morris Georgette M
Bought by
Morris Georgette M and Morris Georgette M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheong Kit Leng | $277,000 | First American Title | |
| Morris Georgette M | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $277,000 | 0.0% | $154 / Sq Ft |
| 05/06/2024 05/06/24 | Pending | -- | -- | -- |
| 05/05/2024 05/05/24 | Off Market | $277,000 | -- | -- |
| 05/02/2024 05/02/24 | For Sale | $250,000 | -- | $139 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $4,649 | $29,000 | $15,669 | $13,331 |
| 2024 | $4,649 | $29,000 | $15,669 | $13,331 |
| 2023 | $4,493 | $28,000 | $12,650 | $15,350 |
| 2022 | $4,493 | $28,000 | $12,650 | $15,350 |
| 2021 | $3,636 | $28,000 | $12,650 | $15,350 |
| 2020 | $3,752 | $29,290 | $12,650 | $16,640 |
| 2019 | $3,741 | $32,911 | $12,650 | $20,261 |
| 2018 | $3,684 | $32,911 | $12,650 | $20,261 |
| 2017 | $3,945 | $27,091 | $10,062 | $17,029 |
| 2016 | $4,308 | $27,091 | $10,062 | $17,029 |
| 2015 | $4,140 | $27,091 | $10,062 | $17,029 |
| 2014 | $4,320 | $26,527 | $8,625 | $17,902 |
| 2013 | $4,346 | $26,527 | $8,625 | $17,902 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Cucci
-
Josephine Wang
J
Buyer's Agent in 2024
Josephine Wang
Concentric Realty Inc.
(630) 216-9689
11 in this area
92 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12045126
APN: 17-28-309-040-0000
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