NOT LISTED FOR SALE

3458 S Parnell Ave Chicago, IL 60616

Bridgeport Neighborhood

Estimated Value: $744,071 - $828,000

0.25 Acre
$3,144,144 Price per Acre
10,890 Sq Ft Lot

Last Sold October 22, 2023

Last sale price $700,000

Est. 12% increase in value since last sale

Current estimated payment $4,245/month

6 Days on Market

About This Lot

As of October 2023

CORNER OF 35TH & PARNELL. ONE OF BRIDGEPORTS FINEST LOCATIONS! LARGE CORNER LOT 60.42x176.75 PIN# 17-33-122-090 CURRENTLY ZONED M1-2. MANY DEVELOPMENT POSSIBILITIES INCL. Single Family Homes, 3 possibly built horizonal, Residential Midrise, Townhouses, Retail/Commercial Stores.

Last Agent to Sell the Property

Frank Roti

ITOR REAL ESTATE SERVICES INC License #471003165 Listed on: 08/02/2023

Last Buyer's Agent

David Chan

Imperial Palace Properties Corporation License #471003547

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,656

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60.42x176.75

Property Details

Property Type

Land

Est. Annual Taxes

$1,656

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt, Concrete
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Condominium, Industrial, Office and Research, Development, Platted, Residential, Multi-Family, Single Family, Retail, Zoning Change Required

Exterior Features

  • Frontage Type: City Street, Other
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Sanitary Sewer

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 60.42X176.75
  • Zoning: OTHER
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1656.08
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 19, 2023
Sold by
Lacoco Michael
Bought by
Peng Feng Property Inc
Seller's Agent
Frank Roti
ITOR REAL ESTATE SERVICES INC
Buyer's Agent
David Chan
Imperial Palace Properties Corporation
List Price
$789,000
Sold Price
$700,000
Premium/Discount to List
-$89,000
-11.28%
Views
9
Current Estimated Value
$786,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,036
Avg. Annual Appreciation
5.91%
Original Mortgage
$490,000
Outstanding Balance
$189,313
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$596,723

Purchase Details

Closed on
Nov 17, 2005
Sold by
Gleason Mary
Bought by
Lacoco Michael

Purchase Details

Closed on
Dec 17, 1994
Sold by
Vaccaro Joseph R and Vaccaro Joseph
Bought by
Vaccaro Joseph R and Gleason Mary
Source: Public Records

Range of Values:

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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
Peng Feng Property Inc $700,000 Chicago Title
Lacoco Michael $500,000 Republic Title Co
Vaccaro Joseph R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Feng Property Inc $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2023 10/22/23 Sold $700,000 -11.3% --
08/09/2023 08/09/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $789,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,568 $15,930 $15,930 --
2023 $1,529 $7,434 $7,434 --
2022 $1,529 $7,434 $7,434 $0
2021 $1,495 $7,434 $7,434 $0
2020 $1,656 $7,434 $7,434 $0
2019 $1,494 $7,434 $7,434 $0
2018 $1,468 $7,434 $7,434 $0
2017 $1,143 $5,310 $5,310 $0
2016 $1,064 $5,310 $5,310 $0
2015 $973 $5,310 $5,310 $0
2014 $887 $4,779 $4,779 $0
2013 $869 $4,779 $4,779 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Roti

    Seller's Agent in 2023

    Frank Roti

    ITOR REAL ESTATE SERVICES INC

    (312) 787-0666

    2 in this area

    15 Total Sales

    Frank Roti
    Section Image

  • D

    Buyer's Agent in 2023

    David Chan

    Imperial Palace Properties Corporation

    (312) 493-0351

    8 in this area

    21 Total Sales

    David Chan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11849698

Midwest Real Estate Data (MRED)

APN: 17-33-122-090-0000

Illinois Cook County Chicago 60609 Bridgeport

3458 S Parnell Ave, Chicago, IL

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