NOT LISTED FOR SALE

542 W Root St Chicago, IL 60609

Bridgeport Neighborhood

Estimated Value: $529,584 - $652,000

5 Beds
3 Baths
2,600 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 12, 2018

Last sale price $425,000 $163 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,777/month

1 Day on Market

Highlights

  • Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Taylor Lauridsen Park

About This Home

As of November 2018

NICE SINGLE FAMILY HOME WITH MODERN FINISHES. 5 BEDROOMS AND 3 BATHROOMS. 2 CAR GARAGE

Last Agent to Sell the Property

Amy Mei

Landmark & Property Group, Inc License #475130343 Listed on: 09/24/2018

Last Buyer's Agent

Amy Mei

Landmark & Property Group, Inc License #475130343 Listed on: 09/24/2018

Home Details

Home Type

  • Single Family

Year Built

  • 2018

Lot Details

  • 2,614

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

2018

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Type Detached: 2 Stories
  • Estimated Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 20X18, On Level: Main Level, Flooring: Ceramic Tile
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 7X5, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 18X16, On Level: Main Level
  • Additional Rooms: 5th Bedroom
  • Master Bedroom: Dimensions: 18X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 14X11, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 12X11, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X8, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X8, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 2600

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0691

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X122
  • Parcel Identification Number: 20041150280000

Tax Info

  • Taxes: 663.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Nov 9, 2018
Sold by
Bally Development Corp
Bought by
Li Huan Wen and Mei Zhi Jing
Seller's Agent
Amy Mei
Landmark & Property Group, Inc
Buyer's Agent
Amy Mei
Landmark & Property Group, Inc
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Current Estimated Value
$593,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,146
Avg. Annual Appreciation
4.70%
Original Mortgage
$255,000
Outstanding Balance
$222,419
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$370,727

Purchase Details

Closed on
Aug 24, 2018
Sold by
First Midwest Bank
Bought by
Bally Development Corp

Purchase Details

Closed on
Feb 27, 2013
Sold by
Dee Paul and Dee Norine
Bought by
Standard Bank And Trust Co and Trust Number 21444

Purchase Details

Closed on
May 14, 2002
Sold by
Smith Patricia
Bought by
Dee Paul and Dee Norine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Li Huan Wen $425,000 Attorneys Title Guaranty Fun
Bally Development Corp -- Attorneys Title Guaranty Fun
Standard Bank And Trust Co -- None Available
Dee Paul $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Huan Wen $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2018 11/12/18 Sold $425,000 -1.1% $163 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $429,900 -- $165 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $8,651 $60,000 $2,440 $57,560
2024 $8,651 $60,000 $2,440 $57,560
2023 $8,433 $41,000 $3,050 $37,950
2022 $8,433 $41,000 $3,050 $37,950
2021 $8,245 $41,000 $3,050 $37,950
2020 $8,235 $36,968 $3,050 $33,918
2019 $8,253 $41,076 $3,050 $38,026
2018 $684 $3,464 $3,050 $414
2017 $663 $3,082 $2,668 $414
2016 $617 $3,082 $2,668 $414
2015 $565 $3,082 $2,668 $414
2014 $572 $3,082 $2,668 $414
2013 $561 $3,082 $2,668 $414
Source: Public Records

Agents Affiliated with this Home

  • Amy Mei

    Seller's Agent in 2018

    Amy Mei

    Landmark & Property Group, Inc

    (312) 949-0028

    20 in this area

    58 Total Sales

    Amy Mei
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10092515

Midwest Real Estate Data (MRED)

APN: 20-04-115-028-0000

Illinois Cook County Chicago 60609 Bridgeport

542 W Root St, Chicago, IL

Not Listed for Sale

Detached

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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