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101 South Chicago Avenue

101 South Chicago Avenue, Elwood, IL 60421
Property in Jackson
Sold Jun 30, 2021
$225,000
$180,000 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
Sold Oct 26, 1995
$140,000
$100,000 by Countrywide Fund
Mortgage Due Nov 01, 2025
This has been categorized as a residential property type. In total, the area measurement of the land is 18,404 square feet.

Learn more about the property and building on this page. The property was last sold in May 28, 2021 for $225,000. Prior to that sales transaction, the property was also sold in Oct 24, 1995 for $140,000. 101 South Chicago Avenue was last assessed in 2022. The total value of the property was assessed at $89,123. Specifically, the land the property is located on was valued at $18,341. While improvements on the property were assessed at a total of $70,782. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,314. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,404
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN ELWOOD
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 1, 2 3 (EX THE W 25 FT) IN BLK 27 IN THE VILLAGE (TOWN) OF ELWOOD, A SUB OF THE W1/2 NW1/4 OF SEC 29, T34N-R10E.

Ownership

  • Current Owner : MAJERUS KAMRON
  • Current Owner 2: MAJERUS JESSICA
  • Previous Owner : AYERS MICHAEL A
  • Owner Before Previous Owner: JOHNSON CLAY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Elwood Community Consolidated School District 203
  • Census Tract: 883307

Geography

  • Parcel: 10-11-29-120-007
  • Block: 27
  • Lot: 1,2,3
  • Meridian: SEC 29 TWN 34N RNG 10E
  • Municipality: JACKSON
  • Latitude: 41.4037
  • Longitude: -88.112

    Address

  • Full Address: 101 S Chicago Ave
  • Address - House Number: 101
  • Street Direction: S
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elwood
  • Carrier Code: R003
  • 4-Digit Zip Code: 9324
  • Zip Code: 60421

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,314
  • Tax Rate Code Area: 1010

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 303,344
  • High Value: 351,142
  • Low Value: 255,546

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $267,369
  • Market Land Value: $55,023
  • Market Improvement Value: $212,346

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,123
  • Assessed Land Value: $18,341
  • Assessed Improvements Value: $70,782

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841452614
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021072169
  • Previous Sale Recording Date: Oct 26, 1995
  • Previous Sale Contract Date: Oct 24, 1995
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE FUND
  • Previous Mortgage Transaction Date: Oct 26, 1995
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2025

About Elwood



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Frequently Asked Questions

What neighborhood is 101 South Chicago Avenue located in?
The 101 South Chicago Avenue is a located in the neighborhood of Jackson in Elwood, Elwood.
What is the average sales price for listings in 101 South Chicago Avenue?
The average sales price for units in 101 South Chicago Avenue is $0 currently.

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