NOT LISTED FOR SALE

2861 W Cermak Rd Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $253,196 - $557,000

4 Beds
4 Baths
4,074 Sq Ft
$99/Sq Ft Est. Value

About This Home

This home is located at 2861 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $403,732, approximately $99 per square foot. 2861 W Cermak Rd is a home located in Cook County with nearby schools including Hammond Elementary School, Latino Youth High School, and Our Lady of Tepeyac Grade School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Lombardi Guadalupe and Hernandez Cinthya
Bought by
Lombardi Guadalupe
Current Estimated Value
$403,732

Purchase Details

Closed on
Jul 25, 2018
Sold by
Reyes Everardo
Bought by
Lombardi Guadalupe and Hernandez Cinthya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 2005
Sold by
Garcia Alfonso
Bought by
Reyes Everardo

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
8%
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
Lombardi Guadalupe -- Fidelity National Title
Lombardi Guadalupe $725,000 Chicago Title
Reyes Everardo $315,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lombardi Guadalupe $625,000
Previous Owner Reyes Everardo $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 $2,954 $34,000 $4,315 $29,685
2023 $2,879 $14,000 $3,497 $10,503
2022 $2,879 $14,000 $3,497 $10,503
2021 $2,815 $13,999 $3,496 $10,503
2020 $3,760 $16,880 $3,496 $13,384
2019 $3,944 $19,629 $3,496 $16,133
2018 $3,315 $20,216 $3,496 $16,720
2017 $4,162 $22,709 $3,124 $19,585
2016 $4,048 $22,709 $3,124 $19,585
2015 $3,681 $22,709 $3,124 $19,585
2014 $3,513 $21,503 $2,976 $18,527
2013 $3,433 $21,503 $2,976 $18,527
Source: Public Records

Map

Illinois Cook County Chicago 60623 Little Village

2861 W Cermak Rd, Chicago, IL

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