7002 W Archer Ave Chicago, IL 60638
Garfield Ridge Neighborhood
Studio
--
Bath
2,400
Sq Ft
3,049
Sq Ft Lot Lot
About This Home
This home is located at 7002 W Archer Ave, Chicago, IL 60638. 7002 W Archer Ave is a home located in Cook County with nearby schools including Byrne Elementary School and Kennedy High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 2023
Sold by
Chicago Title Land Trust Co
Bought by
Heirs Property Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$490,940
Interest Rate
7.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 18, 1998
Sold by
Standard Bank & Trust Company
Bought by
Prairie Bank & Trust Company and Trust #98025
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.09%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heirs Property Group Llc | $330,000 | Saturn Title | |
| Prairie Bank & Trust Company | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heirs Property Group Llc | $500,000 | |
| Previous Owner | Prairie Bank & Trust Company | $168,000 |
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 |
|---|---|---|---|---|
| 2025 | $13,800 | $79,250 | $11,719 | $67,531 |
| 2024 | $13,800 | $79,250 | $11,719 | $67,531 |
| 2023 | $13,452 | $65,407 | $11,133 | $54,274 |
| 2022 | $13,452 | $65,407 | $11,133 | $54,274 |
| 2021 | $12,497 | $62,147 | $11,132 | $51,015 |
| 2020 | $17,208 | $77,248 | $11,132 | $66,116 |
| 2019 | $15,520 | $77,248 | $11,132 | $66,116 |
| 2018 | $9,069 | $45,909 | $11,132 | $34,777 |
| 2017 | $12,333 | $57,291 | $10,156 | $47,135 |
| 2016 | $14,827 | $74,026 | $10,156 | $63,870 |
| 2015 | $13,565 | $74,026 | $10,156 | $63,870 |
| 2014 | $11,605 | $62,545 | $10,156 | $52,389 |
| 2013 | $11,375 | $62,545 | $10,156 | $52,389 |
Source: Public Records
Map
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