NOT LISTED FOR SALE

7511 W 63rd Place Summit, IL 60501

Estimated Value: $11,440 - $368,000

0.71 Acre
$267,211 Price per Acre
30,928 Sq Ft Lot

Last Sold April 06, 2016

Last sale price $7,000

Est. 2,608% increase in value since last sale

Current estimated payment $1,109/month

80 Days on Market

About This Lot

As of April 2016

Cleared and flat buildable lot zoned R-2. Many new building in the area. 7509 (2-flat) is also for sale and seller would like to do a package deal. Buyer of 7509 has first option on lot. Must be separate contracts as lot has to be purchased for cash.

Last Agent to Sell the Property

Michael Kaput

First United Realtors, Inc. License #471000295 Listed on: 01/08/2016

Last Buyer's Agent

Peter Hernandez

Re/Max Premier License #475151371

Re/Max Premier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $850

Lot Details

Property Details

Property Type

Land

Est. Annual Taxes

$850

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby, Water-Municipal, Water-Nearby
  • Zoning Type: MULTI
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Level
  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Frontage Access: City Street
  • Front Footage: 25

Schools

  • School District: 217
  • Elementary School: OTIS P GRAVES ELEMENTARY SCHOOL
  • High School: ARGO COMMUNITY HIGH SCHOOL
  • Junior High Dist: 104

Lot Info

  • Lot Dimensions: 25 X 123 X 25 X 123
  • Estimated Land Sq Ft: 3075
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 18242040180000

Tax Info

  • Taxes: 705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
Apr 6, 2016
Sold by
Dowd Elmo B
Bought by
Garcia Socorro
Seller's Agent
Michael Kaput
First United Realtors, Inc.
Buyer's Agent
Peter Hernandez
Re/Max Premier
List Price
$19,900
Sold Price
$7,000
Premium/Discount to List
-$12,900
-64.82%
Current Estimated Value
$189,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,586
Avg. Annual Appreciation
35.75%

Purchase Details

Closed on
Jun 22, 2015
Sold by
Standard Bank & Trust Company
Bought by
Dowd Elmo B
Source: Public Records

Range of Values:

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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
Garcia Socorro $7,000 None Available
Dowd Elmo B $5,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $7,000 -64.8% --
03/28/2016 03/28/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $19,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $850 $2,427 $2,248 $179
2023 $846 $2,427 $2,248 $179
2022 $846 $1,962 $1,783 $179
2021 $823 $1,961 $1,782 $179
2020 $843 $1,961 $1,782 $179
2019 $830 $1,806 $1,627 $179
2018 $803 $1,806 $1,627 $179
2017 $802 $1,806 $1,627 $179
2016 $743 $1,574 $1,395 $179
2015 $720 $1,574 $1,395 $179
2014 $705 $1,574 $1,395 $179
2013 $633 $1,574 $1,395 $179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09112572

Midwest Real Estate Data (MRED)

APN: 18-24-204-018-0000