NOT LISTED FOR SALE

3053 W Cermak Rd Chicago, IL 60623

Little Village Neighborhood

Estimated Value: $341,000 - $537,000

11 Beds
6 Baths
6,323 Sq Ft
$71/Sq Ft Est. Value

About This Home

This home is located at 3053 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $447,652, approximately $70 per square foot. 3053 W Cermak Rd is a home located in Cook County with nearby schools including Latino Youth High School, Our Lady of Tepeyac Grade School, and Our Lady Of Tepeyac High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Sold by
B & Y Cermak Llc
Bought by
3053 W Cermak Llc
Current Estimated Value
$447,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 12, 2018
Sold by
Chicago Title Land Trust Company
Bought by
B & Y Cermak Llc

Purchase Details

Closed on
Aug 12, 2016
Sold by
First Midwest Bank
Bought by
Chicago Title Land Trust Co and Trust Number 8002372074

Purchase Details

Closed on
Jan 2, 2008
Sold by
Kiessling Louis
Bought by
First Midwest Bank and Trust #8392

Purchase Details

Closed on
Nov 17, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Kiessling Louis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
4.58%
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
3053 W Cermak Llc $275,000 First American Title
B & Y Cermak Llc -- First American Title
Chicago Title Land Trust Co $120,000 Barrister Title
First Midwest Bank -- None Available
Kiessling Louis C $520,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3053 W Cermak Llc $847,500
Closed 3053 W Cermak Llc $833,750
Closed W Cermak Llc $833,750
Closed 3053 W Cermak Llc $220,000
Previous Owner Kiessling Louis C $386,250
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 $7,022 $47,908 $4,531 $43,377
2023 $6,845 $33,282 $3,672 $29,610
2022 $6,845 $33,282 $3,672 $29,610
2021 $6,692 $33,279 $3,671 $29,608
2020 $4,657 $20,907 $3,671 $17,236
2019 $4,863 $24,206 $3,671 $20,535
2018 $4,781 $24,206 $3,671 $20,535
2017 $9,976 $46,344 $3,281 $43,063
2016 $9,282 $46,344 $3,281 $43,063
2015 $8,492 $46,344 $3,281 $43,063
2014 $7,292 $39,304 $3,125 $36,179
2013 $7,148 $39,304 $3,125 $36,179
Source: Public Records

Map

Illinois Cook County Chicago 60623 Little Village

3053 W Cermak Rd, Chicago, IL

This home is located at 3053 W Cermak Rd, Chicago, IL 60623 and is currently estimated at $447,652, approximately $70 per square foot. 3053 W Cermak Rd is a home located in Cook County with nearby schools including Latino Youth High School, Our Lady of Tepeyac Grade School, and Our Lady Of Tepeyac High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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