NOT LISTED FOR SALE

7227 W 127th St Unit 1 Palos Heights, IL 60463

Downtown Palos Heights Neighborhood

Estimated Value: $423,115

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

About This Home

This home is located at 7227 W 127th St Unit 1, Palos Heights, IL 60463 and is currently estimated at $423,115. 7227 W 127th St Unit 1 is a home located in Cook County with nearby schools including Palos East Elementary School, Palos South Middle School, and Amos Alonzo Stagg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Law Offices Of Nicholas W Karas Llc
Bought by
7227 W 127Th Llc
Current Estimated Value
$423,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$176,172
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$246,943

Purchase Details

Closed on
Sep 3, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Nicholas W Karas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1999
Sold by
State Bank Of Countryside
Bought by
The Demosthenes Georgopulos Revocable Li

Purchase Details

Closed on
Feb 26, 1997
Sold by
Brennan Thomas E and Brennan Bernadine M
Bought by
First National Bank Of Evergreen Park and Trust #15311

Purchase Details

Closed on
Jan 9, 1997
Sold by
Heritage Trust Company
Bought by
Brennan Thomas E
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

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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
7227 W 127Th Llc $325,000 Chicago Title
7227 W 127Th Llc $325,000 Chicago Title
Nicholas W Karas Llc $235,000 Attorneys Ttl Guaranty Fund
The Demosthenes Georgopulos Revocable Li -- --
First National Bank Of Evergreen Park -- --
Brennan Thomas E $218,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7227 W 127Th Llc $243,750
Closed 7227 W 127Th Llc $243,750
Previous Owner Nicholas W Karas Llc $188,000
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 $22,547 $82,487 $22,500 $59,987
2023 $22,762 $82,487 $22,500 $59,987
2022 $22,762 $68,569 $22,500 $46,069
2021 $21,349 $68,568 $22,500 $46,068
2020 $20,659 $68,568 $22,500 $46,068
2019 $14,169 $48,629 $18,750 $29,879
2018 $11,233 $39,875 $18,750 $21,125
2017 $10,649 $39,696 $18,750 $20,946
2016 $10,225 $35,444 $16,875 $18,569
2015 $9,639 $34,037 $16,875 $17,162
2014 $9,972 $35,976 $16,875 $19,101
2013 $7,619 $29,483 $16,875 $12,608
Source: Public Records

Map

Illinois Cook County Palos Heights 60463 Downtown Palos Heights

7227 W 127th St Unit 1, Palos Heights, IL

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