NOT LISTED FOR SALE

2857 N Burling St Unit 1C Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $391,000 - $544,000

-- Bed
-- Bath
11,052 Sq Ft
$42/Sq Ft Est. Value

About This Home

This home is located at 2857 N Burling St Unit 1C, Chicago, IL 60657 and is currently estimated at $461,773, approximately $41 per square foot. 2857 N Burling St Unit 1C is a home located in Cook County with nearby schools including Alcott Elementary School, Lincoln Park High School, and Our Lady Of Mount Carmel Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Steven A Knor Trust and Elizabeth L Oloughlin Trust
Bought by
Sanders Jack L and Spracklen Sydney K
Current Estimated Value
$461,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Outstanding Balance
$395,633
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$66,140

Purchase Details

Closed on
May 21, 2021
Sold by
Knor Steven A and Oloughlin Elizabeth L
Bought by
Knor Steven A and Elizabeth L Oloughlin Trust

Purchase Details

Closed on
Jun 1, 2007
Sold by
Mcclain Jason P and Mcclain Colleen S
Bought by
Knor Steven A and Oloughlin Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2002
Sold by
Engeln George
Bought by
Mcclain Jason P and Mcclain Colleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.38%
Mortgage Type
Balloon
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
Sanders Jack L $445,000 Proper Title
Knor Steven A -- Attorney
Knor Steven A $332,000 Ticor Title Insurance
Mcclain Jason P -- 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Jack L $400,500
Previous Owner Knor Steven A $265,600
Previous Owner Mcclain Jason P $253,000
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 $4,575 $35,631 $15,595 $20,036
2023 $4,438 $25,000 $12,500 $12,500
2022 $4,438 $25,000 $12,500 $12,500
2021 $4,357 $24,999 $12,500 $12,499
2020 $5,578 $28,144 $6,094 $22,050
2019 $5,454 $30,574 $6,094 $24,480
2018 $5,361 $30,574 $6,094 $24,480
2017 $4,858 $25,942 $5,377 $20,565
2016 $4,696 $25,942 $5,377 $20,565
2015 $4,273 $25,942 $5,377 $20,565
2014 $4,310 $25,798 $4,414 $21,384
2013 $4,214 $25,798 $4,414 $21,384
Source: Public Records

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