See Home Value
$624,307*
House - Off Market

2450 W ERIE Street

Chicago, IL 60612
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1007 Sqft
$518,000 - $632,000
Reference Base Price*
8.58%
Since Jan 1, 2023
IL-Chicago
Primary Model
Sold Dec 22, 2022
$500,000
$375,000 by Bmo Harris Bank Na
Mortgage Due Jan 01, 2053
Sold May 11, 2011
$256,500
$204,889 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2041

About This Property

Beautifully rehabbed split level 3 bed and 2 bath home.  New open concept design on main level.  Lower level has family room and 3rd bedroom or office. Hardwood  floors on main upper floors.Terrazzo flooring on lower level and garage      11/2 car garage with two garage doors. Perfect for hosting a party. Beautiful well maintained lawn with patio brick in the backyard   Steps away from Smith Park and the Metra          NOTE: Lower level is only four steps down from main level. This is the finished area where the family room, bed/office are located. (An additional 500sq ft., not able to be in total sq ft.)

The manager has listed the unit size as 1007 square feet.
Unit Size
1,007Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$571
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1974

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold to Arun Mathew, Sandhya Mathew $500,000
Sold to Arun Mathew, Sandhya Mathew
Dec 20, 2022 No longer available -
No longer available
Nov 14, 2022 In contract -
In contract
Oct 20, 2022 Price Decreased $575,000
↓ $24K (4%)
Price Decreased
Sep 22, 2022 Price Decreased $599,000
↓ $26K (4.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,007
  • Gross Building Area: 1,007
  • Building Area: 1,007
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,007
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BAYLEYS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARY ANN (BAYLEYS) SUB BLK 8 IN WRIGHT & WEBSTERS SUB NE SEC 12-39-13

Ownership

  • Current Owner : MATHEW ARUN
  • Current Owner 2: MATHEW SANDHYA
  • Previous Owner : SERWA NICOLE MARIE
  • Owner Before Previous Owner: BANK OF AMERICA NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-12-213-023-0000
  • Block: 8
  • Lot: 34
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8932
  • Longitude: -87.6888

    Address

  • Full Address: 2450 W Erie St
  • Address - House Number: 2450
  • Street Direction: W
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 1248
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,581
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2349
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 538,096
  • High Value: 664,528
  • Low Value: 411,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Dec 22, 2022
  • First Open Lien Mortgage Loan Amount: $375,000
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $186,000
  • Market Improvement Value: $314,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,000
  • Assessed Land Value: $18,600
  • Assessed Improvements Value: $31,400

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Transaction ID: 11900027628
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16017
  • Previous Sale Recording Date: May 11, 2011
  • Previous Sale Contract Date: Mar 23, 2011
  • Previous Sale Amount: $256,500
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Dec 22, 2022
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: May 11, 2011
  • Previous Mortgage Loan Amount: $204,889
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,700 ft²
$405/ft²
$689,000 Jul 6, 2023
-
$175/mo
House
2 Beds
2 Baths
1,383 ft²
$423/ft²
$585,000 Jul 21, 2023
-
$925/mo
House
3 Beds
3 Baths
2,000 ft²
$250/ft²
$499,000 Jun 23, 2023
-
$1,439/mo
House
3 Beds
2.5 Baths
2,000 ft²
$245/ft²
$489,999 May 9, 2023
-
$1,061/mo
House
4 Beds
2 Baths
1,550 ft²
$387/ft²
$599,900 Jul 20, 2023
-
$599/mo
Townhouse
3 Beds
2 Baths
1,850 ft²
$257/ft²
$475,000 Jul 1, 2023
-
$759/mo
House
2 Beds
2 Baths
-
$474,999 Jul 24, 2023
-
$790/mo
House
3 Beds
3.5 Baths
2,728 ft²
$202/ft²
$550,000 Jun 19, 2023
-
$667/mo
Multifamily
3 Beds
2.5 Baths
2,500 ft²
$220/ft²
$549,900 Jul 22, 2023
-
$827/mo
Multifamily
4 Beds
-
-
$629,000 Jul 18, 2023
-
$645/mo
Land
Loft
-
-
$575,000 Jul 5, 2023
-
-
Land
Loft
-
-
$575,000 Jul 5, 2023
-
-

About West Side


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Frequently Asked Questions

When was property at 2450 West Erie Street built and last sold?
The property at 2450 West Erie Street was built in 1974 and last sold on Dec 9, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 2450 West Erie Street is $568,708.
What are some comparable homes to 2450 West Erie Street?
There are currently no comparable homes to 2450 West Erie Street.

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