NOT LISTED FOR SALE

3500 W Montrose Ave Chicago, IL 60618

Albany Park Neighborhood

Estimated Value: $714,000 - $849,000

2 Beds
4 Baths
3,674 Sq Ft
$213/Sq Ft Est. Value

About This Home

This home is located at 3500 W Montrose Ave, Chicago, IL 60618 and is currently estimated at $781,500, approximately $212 per square foot. 3500 W Montrose Ave is a home located in Cook County with nearby schools including Henry Elementary School, Roosevelt High School, and ASPIRA Haugan Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Elm Dorothy L
Bought by
Bc & F Property Holdings Llc
Current Estimated Value
$781,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Outstanding Balance
$1,027,014
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Estimated Equity
-$245,514

Purchase Details

Closed on
Dec 14, 2019
Sold by
Binousis Sotirios and Binousis Rachel
Bought by
Elm Dorothy L

Purchase Details

Closed on
Sep 8, 2017
Sold by
Sam Binousis Sotirios and Sam Bonusis
Bought by
Sam Binousis Sotirios and Sam Bonusis

Purchase Details

Closed on
Dec 21, 2004
Sold by
Binousis Sotirios
Bought by
Kim Sung Jin and Kim Soo Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1993
Sold by
First Suburban Land Company
Bought by
Binousis Sotirios

Purchase Details

Closed on
Sep 23, 1993
Sold by
First Suburban National Bank
Bought by
First Suburban Land Company

Purchase Details

Closed on
Sep 17, 1993
Sold by
Sheriff Of Cook County
Bought by
First Suburban National Bank
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
Bc & F Property Holdings Llc $1,350,000 None Listed On Document
Elm Dorothy L -- None Available
Sam Binousis Sotirios -- Attorney
Kim Sung Jin $450,000 Heritage Title Company
Binousis Sotirios $116,000 --
First Suburban Land Company -- --
First Suburban National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bc & F Property Holdings Llc $1,325,000
Previous Owner Kim Sung Jin $630,000
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 $8,458 $54,000 $26,502 $27,498
2023 $8,240 $38,000 $19,207 $18,793
2022 $8,240 $38,000 $19,207 $18,793
2021 $8,045 $38,003 $19,210 $18,793
2020 $8,016 $34,147 $10,979 $23,168
2019 $8,316 $39,250 $10,979 $28,271
2018 $8,176 $39,250 $10,979 $28,271
2017 $9,259 $40,755 $9,843 $30,912
2016 $8,637 $40,755 $9,843 $30,912
2015 $7,914 $40,755 $9,843 $30,912
2014 $7,463 $37,743 $9,086 $28,657
2013 $7,317 $37,743 $9,086 $28,657
Source: Public Records

Map

Illinois Cook County Chicago 60618 Albany Park

3500 W Montrose Ave, Chicago, IL

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