NOT LISTED FOR SALE

842 E 40th St Unit A2 Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $245,636 - $314,000

3 Beds
2 Baths
1,450 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 842 E 40th St Unit A2, Chicago, IL 60653 and is currently estimated at $279,659, approximately $192 per square foot. 842 E 40th St Unit A2 is a home located in Cook County with nearby schools including Robinson Elementary School, Fuller Elementary School, and Wendell Phillips Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Alva Thomas
Bought by
Pereda Nicholas
Current Estimated Value
$284,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$231,590
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$48,069

Purchase Details

Closed on
Mar 19, 2021
Sold by
Alva Arthur and Alva Elizabeth
Bought by
Alva Thomas

Purchase Details

Closed on
May 27, 2016
Sold by
Ayanbule Olufunmilayo and Durojaiye Segun
Bought by
Alva Thomas and Alva Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Ayanbule Olufunmilayo

Purchase Details

Closed on
Jun 3, 2013
Sold by
Eggers Christopher and Eggers Christopher Michael
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jan 31, 2006
Sold by
Eggers Christopher Michael and Eggers Lori Manby
Bought by
Eggers Christopher Michael

Purchase Details

Closed on
Apr 22, 2004
Sold by
Cole Taylor Bank
Bought by
Eggers Christopher and Eggers Lori
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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Quantarium

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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
Pereda Nicholas $260,000 Chicago Title
Alva Thomas -- First American Title
Alva Thomas $155,000 Chicago Title
Ayanbule Olufunmilayo $45,000 Fidelity National Title
Jpmorgan Chase Bank Na -- None Available
Eggers Christopher Michael -- None Available
Eggers Christopher $187,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereda Nicholas $232,000
Previous Owner Alva Thomas $124,000
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 $3,228 $21,496 $2,318 $19,178
2023 $3,124 $18,564 $2,318 $16,246
2022 $3,124 $18,564 $2,318 $16,246
2021 $5,244 $25,999 $2,317 $23,682
2020 $3,414 $15,326 $1,125 $14,201
2019 $3,395 $16,899 $1,125 $15,774
2018 $3,338 $16,899 $1,125 $15,774
2017 $2,987 $13,878 $927 $12,951
2016 $2,780 $13,878 $927 $12,951
2015 $2,543 $13,878 $927 $12,951
2014 $2,425 $15,636 $794 $14,842
2013 $2,366 $15,636 $794 $14,842
Source: Public Records

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