NOT LISTED FOR SALE

850 W Adams St Unit 3F Chicago, IL 60607

Greektown Neighborhood

Estimated Value: $775,000 - $802,037

2 Beds
2 Baths
2,200 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 850 W Adams St Unit 3F, Chicago, IL 60607 and is currently estimated at $790,679, approximately $359 per square foot. 850 W Adams St Unit 3F is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Frances Xavier Warde School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2025
Sold by
Gorbien Martin J
Bought by
Martin J Gorbien Trust and Gorbien
Current Estimated Value
$790,679

Purchase Details

Closed on
Apr 25, 2013
Sold by
Malone Mark M
Bought by
Gorbien Martin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 2009
Sold by
Malone Mark M and Malone Tracy J
Bought by
Malone Mark M

Purchase Details

Closed on
Feb 6, 2007
Sold by
Roberts Gay H
Bought by
Malone Mark M and Malone Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Martin J Gorbien Trust -- None Listed On Document
Gorbien Martin J $557,500 None Available
Malone Mark M -- None Available
Malone Mark M $700,000 Baird & Warner Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorbien Martin J $417,000
Previous Owner Malone Mark M $500,000
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 $12,134 $84,845 $2,470 $82,375
2023 $11,790 $63,283 $1,355 $61,928
2022 $11,790 $63,283 $1,355 $61,928
2021 $14,789 $79,300 $1,354 $77,946
2020 $14,773 $69,199 $1,354 $67,845
2019 $14,578 $75,745 $1,354 $74,391
2018 $14,330 $75,745 $1,354 $74,391
2017 $8,794 $44,088 $1,195 $42,893
2016 $8,330 $44,088 $1,195 $42,893
2015 $7,598 $44,088 $1,195 $42,893
2014 $8,263 $47,106 $1,015 $46,091
2013 $8,567 $47,106 $1,015 $46,091
Source: Public Records

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