NOT LISTED FOR SALE

5505 W Belmont Ave Chicago, IL 60641

Cragin Neighborhood

Estimated Value: $3,474,875

-- Bed
-- Bath
2,900 Sq Ft
$1,198/Sq Ft Est. Value

About This Home

This home is located at 5505 W Belmont Ave, Chicago, IL 60641 and is currently estimated at $3,474,875, approximately $1,198 per square foot. 5505 W Belmont Ave is a home located in Cook County with nearby schools including Camras Elementary School, Foreman College and Career Academy, and St Ferdinand Parish School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Chicago Title Land Trust Company
Bought by
B & N Belmont Llc
Current Estimated Value
$3,474,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,523,750
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
B & N Belmont Llc $2,590,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner B & N Belmont Llc $2,523,750
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 $54,893 $226,701 $21,188 $205,513
2023 $53,241 $226,888 $15,255 $211,633
2022 $53,241 $226,888 $15,255 $211,633
2021 $68,422 $298,218 $15,255 $282,963
2020 $29,169 $115,187 $15,255 $99,932
2019 $26,313 $115,187 $15,255 $99,932
2018 $25,919 $115,187 $15,255 $99,932
2017 $24,032 $98,921 $13,348 $85,573
2016 $22,308 $98,921 $13,348 $85,573
2015 $20,735 $98,921 $13,348 $85,573
2014 $21,506 $100,923 $13,348 $87,575
2013 $21,090 $100,923 $13,348 $87,575
Source: Public Records

Map

Illinois Cook County Chicago 60641 Cragin

5505 W Belmont Ave, Chicago, IL

This home is located at 5505 W Belmont Ave, Chicago, IL 60641 and is currently estimated at $3,474,875, approximately $1,198 per square foot. 5505 W Belmont Ave is a home located in Cook County with nearby schools including Camras Elementary School, Foreman College and Career Academy, and St Ferdinand Parish School.

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