NOT LISTED FOR SALE

6850 S Ridgeland Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $514,000

63 Beds
-- Bath
22,818 Sq Ft
$23/Sq Ft Est. Value

About This Home

This home is located at 6850 S Ridgeland Ave, Chicago, IL 60649 and is currently estimated at $514,000, approximately $22 per square foot. 6850 S Ridgeland Ave is a home located in Cook County with nearby schools including Parkside Elementary Community Academy, Hyde Park Academy High School, and Muhammad University.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
South Shore Hhdc Lihtc Llc
Bought by
Keybank National Association
Current Estimated Value
$514,000

Purchase Details

Closed on
May 13, 2021
Sold by
Ridgeland Yates Llc
Bought by
South Shore Redgeland Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,067,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 31, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Ridgeland/Yates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,390,000
Interest Rate
6.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Keybank National Association -- None Listed On Document
Housing And Human Development Corporation -- None Listed On Document
South Shore Redgeland Apartments Llc $3,088,500 Attorney
Ridgeland/Yates Llc $963,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner South Shore Redgeland Apartments Llc $5,067,000
Previous Owner Ridgeland/Yates Llc $1,390,000
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 $20,843 $173,100 $30,750 $142,350
2023 $20,246 $98,436 $9,884 $88,552
2022 $20,246 $98,436 $9,884 $88,552
2021 $19,794 $98,434 $9,883 $88,551
2020 $27,418 $123,077 $9,883 $113,194
2019 $24,728 $123,077 $9,883 $113,194
2018 $24,312 $123,077 $9,883 $113,194
2017 $24,560 $114,089 $8,236 $105,853
2016 $22,851 $114,089 $8,236 $105,853
2015 $20,906 $114,089 $8,236 $105,853
2014 $21,168 $114,089 $8,236 $105,853
2013 $20,750 $114,089 $8,236 $105,853
Source: Public Records

Map

Illinois Cook County Chicago 60649 South Shore

6850 S Ridgeland Ave, Chicago, IL

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