NOT LISTED FOR SALE

3255 S Calumet Ave Chicago, IL 60616

The Gap Neighborhood

Estimated Value: $1,480,000

-- Bed
-- Bath
-- Sq Ft
6,142 Sq Ft Lot

About This Home

This home is located at 3255 S Calumet Ave, Chicago, IL 60616 and is currently estimated at $1,480,000. 3255 S Calumet Ave is a home located in Cook County with nearby schools including Pershing Elementary Humanities Magnet, Wendell Phillips Academy High School, and Perspectives/IIT Math & Science Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Lux Living 4U Llc
Bought by
3242-3258 S Martin Luther King Llc
Current Estimated Value
$1,480,000

Purchase Details

Closed on
Aug 6, 2024
Sold by
Unity Mlk 3232 Llc
Bought by
Lux Living 4U Llc

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
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
$200,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 30, 2009
Sold by
Chicago Title Land Trust Company
Bought by
Chicago Title Land Trust Company and Trust #41983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.62%
Mortgage Type
Unknown
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
3242-3258 S Martin Luther King Llc $1,400,000 None Listed On Document
Lux Living 4U Llc -- None Listed On Document
Lux Living 4U Llc $1,750,000 Attorneys Ttl Guaranty Fund
Prologue Inc $1,100,000 Chicago Title Land Trust Co
Chicago Title Land Trust Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King 3242-3258 S Martin Luther $7,391,250
Previous Owner Lux Living 4U Llc $1,443,750
Previous Owner Prologue Inc $200,000
Previous Owner Prologue Inc $1,500,000
Previous Owner Chicago Title Land Trust Company $385,000
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 $4,724 $27,744 $26,696 $1,048
2023 $4,605 $22,318 $21,480 $838
2022 $4,605 $22,318 $21,480 $838
2021 $4,501 $22,317 $21,479 $838
2020 $4,288 $19,248 $18,411 $837
2019 $3,867 $19,248 $18,411 $837
2018 $3,802 $19,248 $18,411 $837
2017 $3,483 $16,179 $15,342 $837
2016 $3,240 $16,179 $15,342 $837
2015 $2,965 $16,179 $15,342 $837
2014 $2,546 $13,724 $12,887 $837
2013 $2,496 $13,724 $12,887 $837
Source: Public Records

Map

Illinois Cook County Chicago 60616 The Gap

3255 S Calumet Ave, Chicago, IL

This home is located at 3255 S Calumet Ave, Chicago, IL 60616 and is currently estimated at $1,480,000. 3255 S Calumet Ave is a home located in Cook County with nearby schools including Pershing Elementary Humanities Magnet, Wendell Phillips Academy High School, and Perspectives/IIT Math & Science Academy.

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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