NOT LISTED FOR SALE

2878 W Cermak Rd Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $925,000

6 Beds
6 Baths
9,900 Sq Ft
$93/Sq Ft Est. Value

About This Home

This home is located at 2878 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $925,000, approximately $93 per square foot. 2878 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
Mar 7, 2013
Sold by
Devon Bank Client Service Llc 123
Bought by
Marquette Bank and Trust Number 15983
Current Estimated Value
$925,000

Purchase Details

Closed on
Jan 26, 2010
Sold by
Devon Bank
Bought by
Devon Bank Client Services Llc #123

Purchase Details

Closed on
Feb 2, 2009
Sold by
Sida Angel C
Bought by
Devon Bank

Purchase Details

Closed on
Jul 28, 2005
Sold by
Agarwal Krishan L and Agarwal Tripta
Bought by
Sida Angel C and Sida Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2004
Sold by
Salgado Humberto and Monarca Joyas
Bought by
Agarwal Krishan L and Agarwal Tripta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2000
Sold by
Rossen Guadalupe
Bought by
Salgado Humberto and Joyas Monarca Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
10%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1993
Sold by
Rossen John and Rossen Guadalupe
Bought by
Rossen Guadalupe
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
Marquette Bank $288,000 None Available
Devon Bank Client Services Llc #123 -- None Available
Devon Bank -- None Available
Sida Angel C $740,000 Ticor Title Insurance
Agarwal Krishan L $600,000 Multiple
Salgado Humberto -- First American Title
Rossen Guadalupe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sida Angel C $592,000
Previous Owner Agarwal Krishan L $480,000
Previous Owner Salgado Humberto $249,000
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 $10,637 $72,000 $12,737 $59,263
2023 $10,370 $50,416 $10,321 $40,095
2022 $10,370 $50,416 $10,321 $40,095
2021 $10,138 $50,416 $10,321 $40,095
2020 $6,921 $31,070 $10,321 $20,749
2019 $7,259 $36,128 $10,321 $25,807
2018 $7,137 $36,128 $10,321 $25,807
2017 $8,123 $37,735 $9,223 $28,512
2016 $7,558 $37,735 $9,223 $28,512
2015 $8,814 $48,100 $9,223 $38,877
2014 $8,323 $44,859 $8,784 $36,075
2013 $2,254 $12,391 $8,784 $3,607
Source: Public Records

Map

Illinois Cook County Chicago 60623 Little Village

2878 W Cermak Rd, Chicago, IL

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