NOT LISTED FOR SALE

3123 S Wells St Unit 1 Chicago, IL 60616

Armour Square Neighborhood

Estimated Value: $341,000 - $520,390

3 Beds
2 Baths
1,100 Sq Ft
$376/Sq Ft Est. Value

About This Home

This home is located at 3123 S Wells St Unit 1, Chicago, IL 60616 and is currently estimated at $414,098, approximately $376 per square foot. 3123 S Wells St Unit 1 is a home located in Cook County with nearby schools including Ward J Elementary School, Wendell Phillips Academy High School, and St. Jerome Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2023
Sold by
Rong Cheng Llc
Bought by
Li Qin
Current Estimated Value
$414,098

Purchase Details

Closed on
Aug 29, 2017
Sold by
Tito Richard A and Tito Margaret M
Bought by
Rong Cheng Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2010
Sold by
Tito Robert
Bought by
Tito Nicole Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Tito Patricia T
Bought by
Tito Robert
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Li Qin -- None Listed On Document
Rong Cheng Llc $850,000 Old Republic Title
Tito Nicole Ann $235,000 Chicago Title Insurance Co
Tito Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rong Cheng Llc $595,000
Previous Owner Tito Nicole Ann $188,000
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 $6,962 $42,328 $5,928 $36,400
2023 $6,787 $33,000 $4,786 $28,214
2022 $6,787 $33,000 $4,786 $28,214
2021 $6,636 $32,999 $4,785 $28,214
2020 $5,852 $26,271 $4,785 $21,486
2019 $5,907 $29,400 $4,785 $24,615
2018 $5,807 $29,400 $4,785 $24,615
2017 $5,769 $30,176 $3,806 $26,370
2016 $5,544 $30,176 $3,806 $26,370
2015 $5,049 $30,176 $3,806 $26,370
2014 $3,535 $21,619 $4,622 $16,997
2013 $3,454 $21,619 $4,622 $16,997
Source: Public Records

Map

Illinois Cook County Chicago 60616 Armour Square

3123 S Wells St Unit 1, Chicago, IL

This home is located at 3123 S Wells St Unit 1, Chicago, IL 60616 and is currently estimated at $414,098, approximately $376 per square foot. 3123 S Wells St Unit 1 is a home located in Cook County with nearby schools including Ward J Elementary School, Wendell Phillips Academy High School, and St. Jerome Catholic School.

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