NOT LISTED FOR SALE

501 W 81st St Chicago, IL 60620

Auburn Gresham Neighborhood

Estimated Value: $261,000

12.5 Acres
$20,880 Price per Acre
544,500 Sq Ft Lot

Sale Details

Date Sold: August 22, 2018

Last sale price $1,850,000 $2,381 Per Sq Ft

Current estimated payment $1,514 / mo

99 Days on Market

About This Lot

As of August 2018

This is zoned M1-2 , The best use for this is truck parking, container storage. Construction transfer station. Easy access close to express way ten minutes to McCormick Place, ideal for truck marshaling yard

Last Agent to Sell the Property

Guy Aloisio

Coldwell Banker Realty License #475152759 Listed on: 05/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Alma Meza

Classic Realty Group Prestige License #471017526

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Potential Use: Commercial, Residential-Multi-Family, Residential-Single Family, Zoning Change Required
  • Total Listed Lots Avail: 15
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby, Water-Municipal, Water-Nearby
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Cleared
  • Road Surface: Gravel

Exterior Features

  • Lot Size: 10.0-24.99 Acres
  • Acreage: 12.5
  • Frontage Access: City Street
  • Front Footage: 150

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 544500
  • Estimated Land Sq Ft: 544500
  • Parcel Identification Number: 20331200010000

Tax Info

  • Taxes: 29379.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 22, 2018
Sold by
Bought by
Seller's Agent
Guy Aloisio
Coldwell Banker Realty
Buyer's Agent
Alma Meza
Classic Realty Group Prestige
List Price
$1,300,000
Sold Price
$1,850,000
Premium/Discount to List
$550,000
42.31%
Current Estimated Value
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,589,000
Avg. Annual Appreciation
-22.25%
Original Mortgage
$850,000
Outstanding Balance
$735,220
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$474,220

Purchase Details

Closed on
May 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,850,000 Chicago Title
$100,000 --
$15,000 --
$15,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $850,000
Previous Owner $877,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $1,850,000 -7.5% $2,381 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $1,999,000 +5.2% $2,573 / Sq Ft
07/24/2018 07/24/18 Price Changed $1,900,000 +46.2% $2,445 / Sq Ft
05/02/2018 05/02/18 For Sale $1,300,000 -- $1,673 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,269 $12,030 $12,030 --
2024 $1,269 $12,030 $12,030 --
2023 $1,237 $6,015 $6,015 --
2022 $1,237 $6,015 $6,015 $0
2021 $1,209 $6,014 $6,014 $0
2020 $1,340 $6,014 $6,014 $0
2019 $1,208 $6,014 $6,014 $0
2018 $1,188 $6,014 $6,014 $0
2017 $1,133 $5,262 $5,262 $0
2016 $1,054 $5,262 $5,262 $0
2015 $964 $5,262 $5,262 $0
2014 $976 $5,262 $5,262 $0
2013 $957 $5,262 $5,262 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Guy Aloisio

    Coldwell Banker Realty

    Section Image
  • Alma Meza

    Buyer's Agent in 2018

    Alma Meza

    Classic Realty Group Prestige

    (773) 491-8106

    3 in this area

    42 Total Sales

    Alma Meza
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09936105

Midwest Real Estate Data (MRED)

APN: 20-33-120-001-0000

Illinois Cook County Chicago 60620 Auburn Gresham

501 W 81st St, Chicago, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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