NOT LISTED FOR SALE

7040 Cermak Rd Berwyn, IL 60402

-- Bed
-- Bath
-- Sq Ft
0.75 Acres

About This Home

This home is located at 7040 Cermak Rd, Berwyn, IL 60402. 7040 Cermak Rd is a home located in Cook County with nearby schools including Jefferson Elementary School, Lincoln Middle School, and J Sterling Morton West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2015
Sold by
Forest Park National Bank & Trust Compan
Bought by
Berwyn Gateway Partners Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 9, 2003
Sold by
Richards Thomas R
Bought by
Hiranandani Rajiv and Hiranandani Bhagwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Berwyn Gateway Partners Iii Llc $225,000 Chicago Title Insurance Co
Hiranandani Rajiv $163,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bwerwyn Gateway Partners Iii Llc $3,950,000
Closed Berwyn Gateway Partners Iii Llc $300,000
Closed Berwyn Gateway Partners Iii Llc $3,950,883
Closed Berwyn Gateway Partners Iii Llc $424,117
Closed Berwyn Gateway Partners Iii Llc $157,500
Previous Owner Hiranandani Rajiv $122,500
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 $38,839 $123,528 $13,813 $109,715
2023 $32,457 $123,528 $13,813 $109,715
2022 $32,457 $80,985 $13,203 $67,782
2021 $30,912 $80,984 $13,203 $67,781
2020 $30,104 $80,984 $13,203 $67,781
2019 $31,263 $75,801 $10,359 $65,442
2018 $1,641 $4,143 $4,143 $0
2017 $1,591 $4,143 $4,143 $0
2016 $9,374 $22,162 $9,546 $12,616
2015 $6,580 $15,854 $9,546 $6,308
2014 $6,371 $15,791 $9,546 $6,245
2013 $5,632 $15,701 $9,546 $6,155
Source: Public Records

Map

Illinois Cook County Berwyn 60402

7040 Cermak Rd, Berwyn, IL

This home is located at 7040 Cermak Rd, Berwyn, IL 60402. 7040 Cermak Rd is a home located in Cook County with nearby schools including Jefferson Elementary School, Lincoln Middle School, and J Sterling Morton West High School.

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