NOT LISTED FOR SALE

7548 Banks St Unit 1 Justice, IL 60458

Estimated Value: $371,000 - $404,000

3 Beds
2 Baths
1,818 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 7548 Banks St Unit 1, Justice, IL 60458 and is currently estimated at $393,338, approximately $216 per square foot. 7548 Banks St Unit 1 is a home located in Cook County with nearby schools including Frank A Brodnicki Elementary School, Argo Community High School, and St. Patricia School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Arroyo Araceli
Bought by
Araceli Arroyo Revocable Living Trust and Arroyo
Current Estimated Value
$393,338

Purchase Details

Closed on
Sep 29, 2017
Sold by
Erazmus Nikolaos
Bought by
Arroyo Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2016
Sold by
Chowaniec Michael and Chowaniec Colleen
Bought by
Erazmus Nikolaos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Chowaniec Anna and Wilk Anna
Bought by
Chowaniec Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 1999
Sold by
Dwyer Danny A and Dwyer Brenda M
Bought by
Wilk Tadeusz and Chowaniec Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
7.7%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Dwyer Danny A and Dwyer Brenda M
Bought by
Dwyer Danny A and Dwyer Brendam

Purchase Details

Closed on
Sep 10, 1996
Sold by
Mraz Anthony M and Mraz Holly S
Bought by
Dwyer Danny A and Dwyer Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.93%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Araceli Arroyo Revocable Living Trust -- None Listed On Document
Arroyo Araceli $265,000 Attorney
Erazmus Nikolaos $245,000 First American Title
Chowaniec Michael $315,000 --
Wilk Tadeusz $196,000 --
Dwyer Danny A -- --
Dwyer Danny A $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arroyo Araceli $260,200
Previous Owner Erazmus Nikolaos $220,000
Previous Owner Chowaniec Michael $236,000
Previous Owner Chowaniec Michael $245,000
Previous Owner Chowaniec Michael $42,000
Previous Owner Chowaniec Michael $252,000
Previous Owner Wilk Tadeusz $220,000
Previous Owner Wilk Tadeusz $156,800
Previous Owner Dwyer Danny A $118,000
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 $8,972 $29,000 $5,158 $23,842
2023 $8,948 $29,000 $5,158 $23,842
2022 $8,948 $24,885 $4,485 $20,400
2021 $8,512 $24,885 $4,485 $20,400
2020 $8,220 $24,885 $4,485 $20,400
2019 $8,835 $24,395 $4,036 $20,359
2018 $8,443 $24,395 $4,036 $20,359
2017 $8,369 $24,395 $4,036 $20,359
2016 $7,467 $22,340 $3,588 $18,752
2015 $7,305 $22,340 $3,588 $18,752
2014 $7,544 $23,536 $3,588 $19,948
2013 $7,387 $25,059 $3,588 $21,471
Source: Public Records

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