NOT LISTED FOR SALE

2940 S Canal St Chicago, IL 60616

Bridgeport Neighborhood

Estimated Value: $371,232 - $503,000

6 Beds
2 Baths
968 Sq Ft
$454/Sq Ft Est. Value

About This Home

This home is located at 2940 S Canal St, Chicago, IL 60616 and is currently estimated at $439,558, approximately $454 per square foot. 2940 S Canal St is a home located in Cook County with nearby schools including Healy Elementary School and St. Jerome Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Liang Huan Ru and Tan Zhongyun
Bought by
Liang Huan Ru and Liang Ying Feng
Current Estimated Value
$439,558

Purchase Details

Closed on
Jan 30, 2019
Sold by
Li Zhen Qiang
Bought by
Liang Huan Ru and Tan Zhongyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2009
Sold by
Qiu Jinchang
Bought by
Li Zhen Qiang

Purchase Details

Closed on
Jan 7, 2006
Sold by
Raso Myrtice Ramirez
Bought by
Li Zhen Qiang and Qui Jinchang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.34%
Mortgage Type
New Conventional
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
Liang Huan Ru -- None Listed On Document
Liang Huan Ru $282,000 Chicago Title
Li Zhen Qiang -- None Available
Li Zhen Qiang $260,000 Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liang Huan Ru $138,000
Previous Owner Li Zhen Qiang $208,000
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 $6,330 $33,000 $16,500 $16,500
2023 $6,170 $30,000 $13,750 $16,250
2022 $6,170 $30,000 $13,750 $16,250
2021 $6,033 $30,000 $13,750 $16,250
2020 $5,520 $24,777 $13,750 $11,027
2019 $4,904 $27,840 $13,750 $14,090
2018 $4,821 $27,840 $13,750 $14,090
2017 $4,280 $23,259 $10,937 $12,322
2016 $4,158 $23,259 $10,937 $12,322
2015 $3,781 $23,259 $10,937 $12,322
2014 $3,361 $20,683 $9,375 $11,308
2013 $3,283 $20,683 $9,375 $11,308
Source: Public Records

Map

Illinois Cook County Chicago 60616 Bridgeport

2940 S Canal St, Chicago, IL

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