NOT LISTED FOR SALE

Estimated Value: $1,132,000 - $1,166,000

0.62 Acre
$1,853,226 Price per Acre
27,007 Sq Ft Lot

Last Sold August 21, 2023

Last sale price $900,000

Est. 28% increase in value since last sale

Current estimated payment $6,667/month

About This Lot

As of August 2023

Attention all developers, and multi-unit investors, this is a 2-unit building that has an additional Lot next to it included in the price. The lot size is 50x107.5. This building is in one of Chicago's most desired areas! Extremely close to Southport shopping (Lululemon, Anthropologie, Jeni's ), ste, and public transportation. The building and neighboring lot are both zoned C1-2 Neighborhood Commercial District, that means the property is zoned for Retail storefronts. Giving you plenty of options. Allows more business types than B1 districts, including liquor stores, warehouses, and auto shops. Apartments are permitted above the ground floor. The property is located in the 47th Ward, Alderman Matt Martin. This opportunity won't last and very few lots are available in this location. 3710 N Ashland: 14192240380000 3714 N Ashland: 14192240370000

Last Agent to Sell the Property

Alexis Eldorrado

Eldorrado Chicago Real Estate License #471008245 Listed on: 05/17/2023

Co-Listed By

Kelly Enamorado

Eldorrado Chicago Real Estate License #475186176

Last Buyer's Agent

Emmett O'Hara

Greendoor Realty License #471008951

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,591

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$10,591

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Conditional Use
  • Road Surface Type: Concrete
  • General Information: None
  • New Construction Y/N: No
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 900000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Unknown (verify)

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 5375 SQ FT
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 5375

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 10591.37
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Ohara Emmett M and Ohara Corine A
Bought by
Corett Llc 3710-3714 Ashland Series
Current Estimated Value
$1,149,000

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 16, 2023
Sold by
Palomino Elizabeth Lee and Palomino Jose Luis
Bought by
Ohara Emmett M and Ohara Corine A
Seller's Agent
Alexis Eldorrado
Eldorrado Chicago Real Estate
Buyer's Agent
Emmett O'Hara
Greendoor Realty
List Price
$900,000
Sold Price
$900,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$675,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1998
Sold by
Banco Popular
Bought by
Palomino Jose and Palomino Elizabeth Lee
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
Corett Llc 3710-3714 Ashland Series -- None Listed On Document
Ohara Emmett M $900,000 None Listed On Document
Palomino Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohara Emmett M $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $900,000 0.0% --
05/18/2023 05/18/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $900,000 -- --
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 $7,121 $41,850 $41,850 --
2023 $6,942 $33,750 $33,750 --
2022 $6,942 $33,750 $33,750 $0
2021 $6,787 $33,750 $33,750 $0
2020 $3,368 $15,120 $15,120 $0
2019 $3,038 $15,120 $15,120 $0
2018 $2,987 $15,120 $15,120 $0
2017 $2,906 $13,500 $13,500 $0
2016 $2,704 $13,500 $13,500 $0
2015 $2,474 $13,500 $13,500 $0
2014 $2,004 $10,800 $10,800 $0
2013 $1,964 $10,800 $10,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11779894

Midwest Real Estate Data (MRED)

APN: 14-19-224-037-0000