NOT LISTED FOR SALE

842 E 40th St Unit P2 Chicago, IL 60653

Oakland Neighborhood

Estimated Value: $299,000

-- Bed
-- Bath
11,782 Sq Ft
$25/Sq Ft Est. Value

About This Home

This home is located at 842 E 40th St Unit P2, Chicago, IL 60653 and is currently estimated at $299,000, approximately $25 per square foot. 842 E 40th St Unit P2 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
$299,000

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
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

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
Pereda Nicholas $260,000 Chicago Title
Alva Thomas $155,000 Chicago Title
Ayanbule Olufunmilayo $45,000 Fidelity National Title
Jpmorgan Chase Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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
2025 $151 $596 $64 $532
2024 $151 $596 $64 $532
2023 $147 $714 $64 $650
2022 $147 $714 $64 $650
2021 $202 $999 $64 $935
2020 $95 $425 $31 $394
2019 $94 $468 $31 $437
2018 $92 $468 $31 $437
2017 $83 $384 $25 $359
2016 $77 $384 $25 $359
2015 $70 $384 $25 $359
2014 $80 $433 $22 $411
2013 $79 $433 $22 $411
Source: Public Records

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