724 Union Dr University Park, IL 60484
3
Beds
2
Baths
1,820
Sq Ft
7,405
Sq Ft Lot
Highlights
- Raised Ranch Architecture
- Living Room
- 4-minute walk to Craig Park
- 2 Car Attached Garage
- Dining Room
About This Home
As of July 2014SPACIOUS 3 BEDROOM, 2 BATHROOM HOME WITH A TON OF POTENTIAL / OVER 1800 SQ FT OF LIVING SPACE / BASEMENT, 2 CAR ATTACHED GARAGE. GREAT OPPORTUNITY TO PURCHASE TOTALLY REDEVELOPED HOME.
Last Agent to Sell the Property
Gutman Real Estate License #471018492 Listed on: 04/01/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,803
Year Built
- Built in 1970
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 55x135
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Raised Ranch Architecture
Interior Spaces
- 1,820 Sq Ft Home
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2017
Sold by
Sfr Chi I Llc
Bought by
Cerberus Sfr Holdings Lp
Purchase Details
Listed on
Apr 1, 2014
Closed on
Jul 28, 2014
Sold by
Mack Investments 1 Llc
Bought by
Sfr Chi I Llc
Seller's Agent
John Gutman
Gutman Real Estate
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$132,000
Sold Price
$111,000
Premium/Discount to List
-$21,000
-15.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Purchase Details
Listed on
Feb 12, 2014
Closed on
May 20, 2014
Sold by
Mack Industries Ii Llc
Bought by
Mack Investments I Llc
Seller's Agent
Jim Kennedy
Kennedy Connection Realtors
Buyer's Agent
Kevin Kennedy
Crosstown Realtors Inc
List Price
$39,900
Sold Price
$32,200
Premium/Discount to List
-$7,700
-19.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4152.93%
Original Mortgage
$6,000,000
Interest Rate
4.41%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Feb 12, 2014
Closed on
Mar 25, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mack Industries Ii Llc
Seller's Agent
Jim Kennedy
Kennedy Connection Realtors
Buyer's Agent
Kevin Kennedy
Crosstown Realtors Inc
List Price
$39,900
Sold Price
$32,200
Premium/Discount to List
-$7,700
-19.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.41%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 18, 2013
Sold by
Hunter Michael and Jpmorgan Chase Bank National A
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Oct 17, 2013
Sold by
Hunter Michael and Hunter Michael L
Bought by
Jpmorgn Chase Bank Na
Purchase Details
Closed on
Jun 16, 2003
Sold by
Hud
Bought by
Hunter Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 10, 2002
Sold by
Andrews Arvin J and Andrews Kimberly
Bought by
Hud
Purchase Details
Closed on
Mar 15, 2002
Sold by
Andrews Arvin J and Andrews Kimberly
Bought by
Homeside Lending Inc
Purchase Details
Closed on
Oct 17, 1997
Sold by
Coleman James E
Bought by
Andrews Arvin J and Andrews Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,812
Interest Rate
7.65%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 1, 1996
Sold by
Hud
Bought by
Coleman James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
7.74%
Purchase Details
Closed on
Aug 7, 1996
Sold by
Ward Brendan B
Bought by
Hud
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $123,709 | Attorney | |
| Warranty Deed | $111,000 | Fidelity National Title | |
| Quit Claim Deed | -- | Greater Illinois Title Co | |
| Special Warranty Deed | $32,200 | Attorneys Title Guaranty Fun | |
| Sheriffs Deed | -- | None Available | |
| Sheriffs Deed | $52,000 | None Available | |
| Warranty Deed | -- | Stewart Title Company | |
| Sheriffs Deed | -- | -- | |
| Sheriffs Deed | $92,155 | -- | |
| Warranty Deed | $78,000 | Standard Title | |
| Warranty Deed | -- | -- | |
| Sheriffs Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $249,930,700 | Loan Amount Between One & Nine Billion | |
| Previous Owner | $175,524,452 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $6,000,000 | Credit Line Revolving | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $81,600 | Unknown | |
| Previous Owner | $560,000 | Purchase Money Mortgage | |
| Previous Owner | $12,000 | Unknown | |
| Previous Owner | $77,812 | FHA | |
| Previous Owner | $31,000 | No Value Available | |
| Closed | $11,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $210,000 | -2.8% | $115 / Sq Ft |
| 07/18/2025 07/18/25 | Price Changed | $216,000 | -3.1% | $119 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $223,000 | -3.9% | $123 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $232,000 | -4.1% | $127 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $242,000 | -5.1% | $133 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $255,000 | 0.0% | $140 / Sq Ft |
| 11/13/2019 11/13/19 | Rented | $1,565 | 0.0% | -- |
| 11/13/2019 11/13/19 | Under Contract | -- | -- | -- |
| 11/01/2019 11/01/19 | For Rent | $1,565 | +12.2% | -- |
| 02/22/2016 02/22/16 | Rented | $1,395 | +2.2% | -- |
| 02/04/2016 02/04/16 | Off Market | $1,365 | -- | -- |
| 01/08/2016 01/08/16 | For Rent | $1,395 | 0.0% | -- |
| 07/28/2014 07/28/14 | Sold | $111,000 | -15.9% | $61 / Sq Ft |
| 06/10/2014 06/10/14 | Pending | -- | -- | -- |
| 04/01/2014 04/01/14 | For Sale | $132,000 | +309.9% | $73 / Sq Ft |
| 03/28/2014 03/28/14 | Sold | $32,200 | -19.3% | $18 / Sq Ft |
| 03/18/2014 03/18/14 | Pending | -- | -- | -- |
| 02/12/2014 02/12/14 | For Sale | $39,900 | -- | $22 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $7,280 | $51,060 | $7,243 | $43,817 |
| 2022 | $6,330 | $44,915 | $6,371 | $38,544 |
| 2021 | $6,032 | $40,902 | $5,852 | $35,050 |
| 2020 | $5,982 | $39,576 | $5,662 | $33,914 |
| 2019 | $6,086 | $37,530 | $5,369 | $32,161 |
| 2018 | $5,969 | $36,071 | $5,255 | $30,816 |
| 2017 | $5,830 | $34,462 | $5,138 | $29,324 |
| 2016 | $5,529 | $32,629 | $4,941 | $27,688 |
| 2015 | $4,748 | $29,778 | $4,503 | $25,275 |
| 2014 | $4,748 | $29,367 | $4,441 | $24,926 |
| 2013 | $4,748 | $30,750 | $4,650 | $26,100 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Michael Scanlon
eXp Realty
-
T
Seller Co-Listing Agent in 2025
Thomas Cubit
eXp Realty
-
D
Seller's Agent in 2019
Debra Price
First Key Homes of Illinois LLC
-
Z
Seller's Agent in 2016
Zeeshan Bhimji
Real Property Management Group Chicago
-
J
Seller's Agent in 2014
John Gutman
Gutman Real Estate
-
J
Seller's Agent in 2014
Jim Kennedy
Kennedy Connection Realtors
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08573071
APN: 21-14-12-405-031
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