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
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

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

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11217631

Midwest Real Estate Data (MRED)

APN: 18-24-200-022-0000

Your Personal Tour Guide

Ask me questions while you tour the home.