3232 S King Dr Chicago, IL 60616
The Gap NeighborhoodEstimated Value: $908,000 - $1,518,000
Studio
2
Baths
--
Sq Ft
0.53
Acres
About This Home
This home is located at 3232 S King Dr, Chicago, IL 60616 and is currently estimated at $1,213,000. 3232 S King Dr is a home located in Cook County with nearby schools including Pershing Elementary Humanities Magnet, Wendell Phillips Academy High School, and Urban Prep Charter South Shore High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 4, 2023
Sold by
Lux Living 4U Llc
Bought by
Unity Mlk 3232 Llc
Current Estimated Value
Purchase Details
Closed on
Jun 29, 2021
Sold by
Versa Capital Llc
Bought by
Lux Living 4U Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,443,750
Interest Rate
3.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 2020
Sold by
Neal James O
Bought by
Versa Capital Llc
Purchase Details
Closed on
Apr 2, 2012
Sold by
Chicago Title Land Trust Company
Bought by
Prologue Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.92%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Unity Mlk 3232 Llc | $1,265,000 | Altima Title | |
| Unity Mlk 3232 Llc | $1,265,000 | Altima Title | |
| Lux Living 4U Llc | $1,750,000 | Attorneys Ttl Guaranty Fund | |
| Lux Living 4U Llc | $1,750,000 | Attorneys Ttl Guaranty Fund | |
| Versa Capital Llc | -- | Attorneys Ttl Guaranty Fund | |
| Versa Capital Llc | -- | Attorneys Ttl Guaranty Fund | |
| Prologue Inc | $1,100,000 | Chicago Title Land Trust Co | |
| Prologue Inc | $1,100,000 | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lux Living 4U Llc | $1,443,750 | |
| Previous Owner | Prologue Inc | $1,500,000 |
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 |
|---|---|---|---|---|
| 2025 | $17,862 | $116,000 | $58,484 | $57,516 |
| 2024 | $17,862 | $116,000 | $58,484 | $57,516 |
| 2023 | $17,410 | $84,382 | $26,221 | $58,161 |
| 2022 | $17,410 | $84,382 | $26,221 | $58,161 |
| 2021 | $17,019 | $84,381 | $26,220 | $58,161 |
| 2020 | $16,542 | $74,256 | $69,048 | $5,208 |
| 2019 | $24,337 | $121,131 | $69,048 | $52,083 |
| 2018 | $23,927 | $121,131 | $69,048 | $52,083 |
| 2017 | $15,693 | $72,899 | $57,540 | $15,359 |
| 2016 | $14,601 | $72,899 | $57,540 | $15,359 |
| 2015 | $13,358 | $72,899 | $57,540 | $15,359 |
| 2014 | $9,728 | $52,433 | $46,032 | $6,401 |
| 2013 | $9,536 | $52,433 | $46,032 | $6,401 |
Source: Public Records
Map
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