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2844 Pearl Street

2844 Pearl Street, Franklin Park, IL 60131
Multifamily in Franklin Park
2844 Pearl Street in Franklin Park, IL was first built in 1904 and is 120 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2844 Pearl Street has 1,728 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,300 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2844 Pearl Street was last sold in Oct 28, 2019 for $245,000. According to our calculations, that's $141.78 per sqft. Prior to that sales transaction, the property was sold for $107,500 in Mar 1, 2012. Current property owners are expected to pay $8,873 in taxes per year. The property on 2844 Pearl Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,000. To break that down further, the land itself was valued at $5,670. While improvements to the property were assessed at a total of $22,330. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181106
11/06/2018
3 Bed
-
-
$299,900
bedrooms
3 Bed
bathrooms
-
$245,000 -18.31%
10/30/2019
Christopher Demos

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANKLIN PARK
  • Land Acres: 0.145
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (FRANKLIN)(PARK) BEING SUB EX RW C M& STP RR EX 2ACS AS FOLLOWS POINT S LINE WH NW 158.8FT W OF SE COR WH NW N TO E LINE WH N

Ownership

  • Current Owner : RODRIGUEZ JOSE E CORTES
  • Current Owner 2: HUERTA ROSA MARIA MERINO
  • Previous Owner : CUTURIC SENAD
  • Previous Owner 2: CUTURIC HAJRA
  • Owner Before Previous Owner: RUGGIE NEAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811401

Geography

  • District: 20
  • Parcel: 12-27-120-015-0000
  • Block: 16
  • Lot: 4,3
  • Meridian: SEC 27 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9311
  • Longitude: -87.8645

    Address

  • Full Address: 2844 Pearl St
  • Address - House Number: 2844
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C016
  • 4-Digit Zip Code: 2975
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,873
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 326,500
  • High Value: 409,927
  • Low Value: 243,072

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,562
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Oct 30, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $240,562
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $56,700
  • Market Improvement Value: $223,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,670
  • Assessed Improvements Value: $22,330

    Sales

  • Current Sale Contract Date: Oct 28, 2019
  • Current Sale Recording Date: Oct 30, 2019
  • Current Sale Transaction ID: 11671958148
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1930349181
  • Previous Sale Recording Date: Apr 05, 2012
  • Previous Sale Contract Date: Mar 01, 2012
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Oct 30, 2019
  • First Mortgage Loan Amount: $240,562
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Apr 05, 2012
  • Previous Mortgage Loan Amount: $80,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 01, 2042

About Franklin Park



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Frequently Asked Questions

What neighborhood is 2844 Pearl Street located in?
The 2844 Pearl Street is a multifamily located in the neighborhood of Franklin Park in Franklin Park, Franklin Park.
What is the average sales price for listings in 2844 Pearl Street?
The average sales price for units in 2844 Pearl Street is $299,900 currently.

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