NOT LISTED FOR SALE

507 E 47th St Chicago, IL 60653

Grand Boulevard Neighborhood

Estimated Value: $291,780

-- Bed
-- Bath
-- Sq Ft
9,757 Sq Ft Lot

About This Home

This home is located at 507 E 47th St, Chicago, IL 60653 and is currently estimated at $291,780. 507 E 47th St is a home located in Cook County with nearby schools including Woodson South Elementary School, Bronzeville Academy Charter School, and UChicago Charter Carter G. Woodson Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2014
Sold by
Shin Dong Hun and Shin Bok Hee
Bought by
Young Lee Jong Won and Young Sang So
Current Estimated Value
$291,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2007
Sold by
B & R Investment 2 Corp
Bought by
Shin Dong Hun and Shin Bok Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2007
Sold by
Faron Michael
Bought by
Hughes Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 16, 2007
Sold by
Hughes Joseph
Bought by
Farron Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 21, 2005
Sold by
Hughes Joseph
Bought by
B & R Investments 2 Corp

Purchase Details

Closed on
Mar 24, 2005
Sold by
Hughes Joseph
Bought by
Bacon Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2005
Sold by
Cole Taylor Bank
Bought by
Hughes Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1998
Sold by
Cole Taylor Bank
Bought by
Cole Taylor Bank and Trust #98-8105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1996
Sold by
Cole Taylor Bank
Bought by
Cole Taylor Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Young Lee Jong Won $165,000 Chicago Title Insurance Co
Shin Dong Hun $530,000 Ats
Hughes Joseph -- None Available
Farron Michael $400,000 None Available
B & R Investments 2 Corp $40,000 First American Title Ins Co
Hughes Joseph -- First American Title Ins Co
Bacon Arthur -- None Available
Hughes Joseph $240,000 All American Escrow & Title
Cole Taylor Bank $180,000 --
Cole Taylor Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Young Lee Jong Won $105,000
Previous Owner Shin Dong Hun $370,000
Previous Owner Farron Michael $390,000
Previous Owner Hughes Joseph $240,000
Previous Owner Cole Taylor Bank $130,000
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 $27,184 $130,910 $60,863 $70,047
2023 $26,336 $110,841 $21,911 $88,930
2022 $26,336 $110,841 $21,911 $88,930
2021 $25,916 $110,838 $21,910 $88,928
2020 $22,675 $88,629 $21,910 $66,719
2019 $20,417 $88,629 $21,910 $66,719
2018 $22,311 $98,264 $21,910 $76,354
2017 $24,906 $101,528 $18,258 $83,270
2016 $27,109 $118,585 $18,258 $100,327
2015 $24,888 $118,585 $18,258 $100,327
2014 $18,935 $89,099 $18,258 $70,841
2013 $18,672 $89,099 $18,258 $70,841
Source: Public Records

Map

Illinois Cook County Chicago 60615 Grand Boulevard

507 E 47th St, Chicago, IL

Not Listed for Sale

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