NOT LISTED FOR SALE

2902 E 78th Place Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $17,815 - $417,000

4 Beds
2 Baths
1,964 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $12,000 $6 Per Sq Ft

Est. 1,712% increase in value since last sale

Current estimated payment $1,234/month

6 Days on Market

About This Home

As of December 2018

Wow! This is a great investment opportunity for the savvy investor. 50 X 120 corner lot in south shore area. Two story sold in AS-IS condition. Needs full got rehab or tear down. Seller does not provide survey or termite inspection. Buyer to verify all room sizes. Buyer will be responsible for the correction of all violations. Enter at your own risk. Bring a flashlight.

Last Agent to Sell the Property

Angel Navarro

RE/MAX 10 Lincoln Park License #475127008 Listed on: 11/27/2018

RE/MAX 10 Lincoln Park

Last Buyer's Agent

Elizabeth Dudek

Compass

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1885

Lot Details

  • 5,663

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • Corner Lot

Home Details

Home Type

Single Family

Year Built

1885

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1885
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1885

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 10X10, On Level: Main Level
  • Attic: Full
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 10X10, On Level: Main Level
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level
  • Bedroom 4: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 1964
  • Family Room: Dimensions: 10X10, On Level: Main Level

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1377

Utilities

  • Water: Public
  • Sewer: Sewer-Public

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50X120
  • Lot Description: Corner
  • Parcel Identification Number: 21304100240000

Tax Info

  • Taxes: 3831.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Dec 17, 2018
Sold by
Melendez Carlos
Bought by
2902 78Th Place Llc
Seller's Agent
Angel Navarro
RE/MAX 10 Lincoln Park
Buyer's Agent
Elizabeth Dudek
Compass
List Price
$14,500
Sold Price
$12,000
Premium/Discount to List
-$2,500
-17.24%
Current Estimated Value
$217,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,408
Avg. Annual Appreciation
50.91%

Purchase Details

Closed on
May 16, 2017
Sold by
Spencer Derrick
Bought by
Melendez Carlos

Purchase Details

Closed on
Feb 4, 2011
Sold by
Harris Robert F and Hines Mable
Bought by
Spencer Derrick C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2902 78Th Place Llc $12,000 Chicago Title Insurance Comp
Melendez Carlos $15,000 Fidelity National Title
Spencer Derrick C $9,750 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $12,000 -17.2% $6 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $14,500 -- $7 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,143 $4,500 $4,500 --
2023 $1,111 $5,400 $5,400 --
2022 $1,111 $5,400 $5,400 $0
2021 $1,086 $5,400 $5,400 $0
2020 $1,203 $5,400 $5,400 $0
2019 $1,288 $6,411 $5,400 $1,011
2018 $3,471 $15,513 $5,400 $10,113
2017 $3,832 $15,825 $4,800 $11,025
2016 $3,585 $15,825 $4,800 $11,025
2015 $3,311 $15,825 $4,800 $11,025
2014 $3,023 $14,264 $4,200 $10,064
2013 $1,082 $5,206 $4,200 $1,006
Source: Public Records

Agents Affiliated with this Home

  • Angel Navarro

    Seller's Agent in 2018

    Angel Navarro

    RE/MAX

    (312) 259-0655

    144 Total Sales

    Angel Navarro
    Section Image

  • E

    Buyer's Agent in 2018

    Elizabeth Dudek

    Compass

    (312) 733-7201

    49 Total Sales

    Elizabeth Dudek
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10144513

Midwest Real Estate Data (MRED)

APN: 21-30-410-024-0000

Illinois Cook County Chicago 60649 South Shore

2902 E 78th Place, Chicago, IL

Not Listed for Sale

Detached

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