NOT LISTED FOR SALE

7501 W 63rd Place Summit, IL 60501

0.72 Acre
-- Price per Acre
31,363 Sq Ft Lot

Sale Details

Date Sold: August 12, 2022

Last sale price $50,000

266 Days on Market

About This Lot

As of August 2022

Calling all Investors!!! Vacant corner lot on busy intersection. Zoned C1 Corridor Commercial 3 parcels

Last Agent to Sell the Property

Desiree Peralta

HomeSmart Realty Group License #475178983 Listed on: 09/13/2021

HomeSmart Realty Group

Last Buyer's Agent

Mary Borowski

Better Homes and Gardens License #475123815

Better Homes and Gardens

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,532

Lot Details

  • Dirt Road
  • Additional Parcels

Utilities

  • No Utilities

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$2,532

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Dirt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Laundry Features: None
  • Utilities: None

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: LESS THAN .25 ACRES
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2531.85
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Aug 12, 2022
Sold by
7501-05 W 63Rd Street Llc
Bought by
Board Of Education Cook County School Distric
Seller's Agent
Desiree Peralta
HomeSmart Realty Group
Buyer's Agent
Mary Borowski
Better Homes and Gardens
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%

Purchase Details

Closed on
Dec 21, 2020
Sold by
Abujameela Inc
Bought by
7501 05 W 63Rd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Abujameela Inc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Board Of Education Cook County School Distric $50,000 None Listed On Document
7501 05 W 63Rd Street Llc $75,000 Old Republic Title
Abujameela Inc $40,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner 7501 05 W 63Rd Street Llc $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $50,000 -33.3% --
06/07/2022 06/07/22 Pending -- -- --
09/13/2021 09/13/21 For Sale $75,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $1,079 -- -- --
2024 $1,079 -- -- --
2023 $1,079 -- -- --
2022 $1,079 $2,500 $2,500 $0
2021 $1,050 $2,500 $2,500 $0
2020 $1,075 $2,500 $2,500 $0
2019 $934 $2,031 $2,031 $0
2018 $903 $2,031 $2,031 $0
2017 $902 $2,031 $2,031 $0
2016 $811 $1,718 $1,718 $0
2015 $786 $1,718 $1,718 $0
2014 $770 $1,718 $1,718 $0
2013 $691 $1,718 $1,718 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11217631

Midwest Real Estate Data (MRED)

APN: 18-24-200-022-0000

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