NOT LISTED FOR SALE

625 E Oakwood Blvd Chicago, IL 60653

Bronzeville Neighborhood

Estimated Value: $611,000 - $1,208,000

0.05 Acre
$18,106,400 Price per Acre
2,178 Sq Ft Lot

Last Sold August 30, 2018

Last sale price $82,500

Est. 997% increase in value since last sale

Current estimated payment $5,652/month

42 Days on Market

About This Lot

As of August 2018

SOLD! Expert-selling team obtained easement for the encroachment by the neighboring lot. Perfect investment opportunity for New Construction. RM5 Zoning; up to 5-story Single Family or Multifamily/Condo. Plans included for a 4,724 SF Masonry Single Family Home. 21.25' x 115'. Plans span the width of the lot. Contact us for other land opportunities. We have an extensive network and are also consulting experts in highest & best use for rehab & new construction.

Last Agent to Sell the Property

Hasani Steele

RE/MAX Premier License #471018236 Listed on: 03/30/2018

RE/MAX Premier

Last Buyer's Agent

Brittney Ray

Coldwell Banker Realty License #475180656

Coldwell Banker Realty

Property Details

Property Type

  • Land

Location

  • Property is near bus stop

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • General Information: School Bus Service, Commuter Bus
  • Ownership: Fee Simple
  • Current Use: Agricultural/Land Only
  • Potential Use: Residential-Multi-Family
  • Total Listed Lots Avail: 1
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby, Water-Nearby
  • Zoning Type: MULTI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.05
  • Frontage Access: City Street
  • Front Footage: 21.25

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 21.25 X 115
  • Estimated Land Sq Ft: 2,444
  • Parcel Identification Number: 20032070070000

Tax Info

  • Taxes: 684.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Rayland Development Ltd
Bought by
Ray Keith
Current Estimated Value
$905,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$452,095
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$453,225

Purchase Details

Listed on
Mar 30, 2018
Closed on
Aug 28, 2018
Sold by
Cymbals Llc
Bought by
Rayland Development Ltd
Seller's Agent
Hasani Steele
RE/MAX Premier
Buyer's Agent
Brittney Ray
Coldwell Banker Realty
List Price
$84,900
Sold Price
$82,500
Premium/Discount to List
-$2,400
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.81%

Purchase Details

Closed on
Nov 3, 2016
Sold by
Steele Hasani
Bought by
Cymbals Llc

Purchase Details

Closed on
Jun 22, 2016
Sold by
Innovative Design Partners Llc
Bought by
Steele Hasani

Purchase Details

Closed on
Aug 29, 2013
Sold by
The Budman Building Llc
Bought by
Innovative Design Partners Llc

Purchase Details

Closed on
Aug 22, 2013
Sold by
North Community Bank
Bought by
The Budman Building Llc

Purchase Details

Closed on
May 2, 2012
Sold by
Olszowka Andrzej
Bought by
North Community Bank

Purchase Details

Closed on
Mar 21, 2005
Sold by
Gruszka John
Bought by
Olszowka Andrzej

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.71%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2004
Sold by
Veasley Vera
Bought by
Gruszka John

Purchase Details

Closed on
Oct 23, 2002
Sold by
Angevin Robert
Bought by
Starbuck Capital Llc

Purchase Details

Closed on
Apr 3, 1995
Sold by
The City Of Chicago
Bought by
Veasley Vera
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

Date Buyer Sale Price Title Company
Ray Keith -- Ravenswood Title Company Llc
Rayland Development Ltd $82,500 Proper Title Llc
Cymbals Llc $60,000 Attorney
Steele Hasani -- Attorney
Innovative Design Partners Llc -- None Available
The Budman Building Llc -- None Available
North Community Bank -- None Available
Olszowka Andrzej $100,000 Lawyers
Gruszka John $60,000 Git
Starbuck Capital Llc -- --
Veasley Vera -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Keith $510,400
Previous Owner Olszowka Andrzej $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $82,500 -2.8% --
05/11/2018 05/11/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $84,900 -- --
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 $11,854 $84,001 $8,551 $75,450
2024 $11,854 $84,001 $8,551 $75,450
2023 $11,554 $56,001 $8,551 $47,450
2022 $11,554 $56,001 $8,551 $47,450
2021 $11,295 $55,999 $8,550 $47,449
2020 $6,672 $29,951 $4,153 $25,798
2019 $834 $4,153 $4,153 $0
2018 $820 $4,153 $4,153 $0
2017 $736 $3,420 $3,420 $0
2016 $685 $3,420 $3,420 $0
2015 $627 $3,420 $3,420 $0
2014 $544 $2,931 $2,931 $0
2013 $533 $2,931 $2,931 $0
Source: Public Records

Agents Affiliated with this Home

  • Hasani Steele

    Seller's Agent in 2018

    Hasani Steele

    RE/MAX

    (312) 735-9971

    9 in this area

    74 Total Sales

    Hasani Steele
    Section Image
  • Brittney Ray

    Buyer's Agent in 2018

    Brittney Ray

    Coldwell Banker Realty

    (630) 453-2864

    15 Total Sales

    Brittney Ray
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09899996

Midwest Real Estate Data (MRED)

APN: 20-03-207-007-0000

Illinois Cook County Chicago 60653 Bronzeville

625 E Oakwood Blvd, Chicago, IL

Not Listed for Sale

Lots

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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