NOT LISTED FOR SALE

2863 W Cermak Rd Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $503,000

6 Beds
7 Baths
4,074 Sq Ft
$123/Sq Ft Est. Value

About This Home

This home is located at 2863 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $503,000, approximately $123 per square foot. 2863 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
Jan 22, 1999
Sold by
Amaro Reynaldo and Amaro Raquel
Bought by
Campos Luis G and Sandoval Vicenta
Current Estimated Value
$503,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Outstanding Balance
$35,765
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$467,235

Purchase Details

Closed on
Jan 12, 1998
Sold by
Pinnacle Bank
Bought by
Harris Bank Glencoe and Trust #L-694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,254
Interest Rate
7.24%
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
Campos Luis G $145,000 Chicago Title Insurance Co
Harris Bank Glencoe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Luis G $152,100
Previous Owner Harris Bank Glencoe $192,254
Closed Harris Bank Glencoe $150,000
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 $36,000 $4,315 $31,685
2023 $4,438 $25,000 $3,497 $21,503
2022 $4,438 $25,000 $3,497 $21,503
2021 $4,357 $24,999 $3,496 $21,503
2020 $3,019 $16,655 $3,496 $13,159
2019 $3,202 $19,367 $3,496 $15,871
2018 $3,147 $19,367 $3,496 $15,871
2017 $4,459 $24,091 $3,124 $20,967
2016 $4,325 $24,091 $3,124 $20,967
2015 $3,934 $24,091 $3,124 $20,967
2014 $3,384 $22,687 $2,976 $19,711
2013 $3,648 $22,687 $2,976 $19,711
Source: Public Records

Map

Illinois Cook County Chicago 60623 Little Village

2863 W Cermak Rd, Chicago, IL

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