NOT LISTED FOR SALE

Estimated Value: $165,373

0.28 Acre
$590,618 Price per Acre
12,197 Sq Ft Lot

Last Sold November 04, 2021

Last sale price $25,000

Est. 561% increase in value since last sale

Current estimated payment $1,081/month

38 Days on Market

About This Lot

As of November 2021

The Subject is in located in the Greater Grand Crossing neighborhood on Chicago's south side. It is located approximately 8 miles from the Chicago CBD and about 1/2 from I-90 and I-94. All offers must submitted via the Cook County Land Bank Authority Website.

Last Agent to Sell the Property

Leif Lockhart

Atlas Asset Management Realty LLC License #475189890 Listed on: 08/01/2021

Co-Listed By

Michael Tolliver

Atlas Asset Management Realty LLC License #471012301

Last Buyer's Agent

Michael Tolliver

Atlas Asset Management Realty LLC License #471012301

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,898

Property Details

Property Type

Land

Est. Annual Taxes

$7,898

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: None
  • Co List Office Mls Id: MRD87179
  • Co List Office Phone: (312) 617-8095
  • Directions: King Drive to 75th Street to Property
  • Road Frontage Type: City Street
  • Lot Size: 125X99
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Gas Nearby

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: U
  • Estimated Land Sq Ft: 12400

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2914.4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 15, 2021
Sold by
County Of Cook
Bought by
Daughrity Real Estate And Mgmt Sln Llc
Seller's Agent
Leif Lockhart
Atlas Asset Management Realty LLC
Buyer's Agent
Michael Tolliver
Atlas Asset Management Realty LLC
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$165,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,373
Original Mortgage
$20,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2020
Sold by
County Of Cook
Bought by
County Of Cook and Cook County Land Bank Authority

Purchase Details

Closed on
May 31, 2006
Sold by
Bridgeview Bank Group
Bought by
Abbas Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2004
Sold by
Leak Spencer
Bought by
Bridgeview Bank Group and Trust #1-3136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2002
Sold by
Lakeside Bank
Bought by
Leak Spencer
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
Daughrity Real Estate And Mgmt Sln Llc -- Chicago Title
County Of Cook -- Attorney
Abbas Joe $500,000 Law Title Insurance
Bridgeview Bank Group $200,000 Chicago Title Insurance Comp
Leak Spencer $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daughrity Real Estate And Mgmt Sln Llc $20,000
Previous Owner Abbas Joe $320,000
Previous Owner Bridgeview Bank Group $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $25,000 0.0% --
09/09/2021 09/09/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $25,000 -- --
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 $7,898 $33,336 $31,200 $2,136
2023 $7,639 $30,216 $28,080 $2,136
2022 $7,639 $30,216 $28,080 $2,136
2021 $2,992 $12,014 $11,160 $854
2020 $3,238 $12,014 $11,160 $854
2019 $2,914 $12,014 $11,160 $854
2018 $2,876 $12,014 $11,160 $854
2017 $2,602 $10,154 $9,300 $854
2016 $47,450 $198,257 $23,250 $175,007
2015 $43,916 $198,257 $23,250 $175,007
2014 $44,322 $197,248 $23,250 $173,998
2013 $43,441 $197,248 $23,250 $173,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11175482

Midwest Real Estate Data (MRED)

APN: 20-27-305-003-0000