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3030 South 48th Court

3030 South 48th Court, Cicero, IL 60804
Property in Cicero
Local assessors in Cicero, IL have categorized 3030 South 48th Court as a commercial type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 109,873 square feet. If we look only at the heated or air conditioned part of the building, then 3030 South 48th Court has a total of 47,578 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Mar 12, 2015 for $9,510,000. That's $199.88 per sqft. Prior to that sales transaction, the property was also sold in Jul 2, 2004 for $1,065,000. 3030 South 48th Court was last assessed in 2023. The total value of the property was assessed at $1,239,081. Specifically, the land the property is located on was valued at $466,965. While improvements on the property were assessed at a total of $772,116. 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 $559,070. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 109,873
  • Total Building Area: 47,578
  • Gross Building Area: 47,578
  • Building Area: 47,578
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 47,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: HAWTHORNE
  • Land Acres: 2.522
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : MR CICERO PLAZA LLC
  • Previous Owner : PLAZA INN CICERO LLC
  • Owner Before Previous Owner: D B J CORP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 814100

Geography

  • District: 15
  • Parcel: 16-28-434-031-0000
  • Block: 24
  • Lot: 1-6
  • Municipality: CICERO
  • Latitude: 41.8376
  • Longitude: -87.7444

    Address

  • Full Address: 3030 S Cicero Ave
  • Address - House Number: 3030
  • Street Direction: S
  • Address - Street Name: Cicero
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Cicero
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $559,070
  • Tax Rate Code Area: 15005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,250,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 23, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $9,250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 11, 2049

    Market Valuation

  • Market Total Value: $4,956,324
  • Market Land Value: $1,867,860
  • Market Improvement Value: $3,088,464

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,239,081
  • Assessed Land Value: $466,965
  • Assessed Improvements Value: $772,116

    Sales

  • Current Sale Contract Date: Mar 12, 2015
  • Current Sale Recording Date: Mar 25, 2015
  • Current Sale Transaction ID: 1096414376
  • Current Sale Price: $9,510,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1508450007
  • Previous Sale Recording Date: Jul 13, 2004
  • Previous Sale Contract Date: Jul 02, 2004
  • Previous Sale Amount: $1,065,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Mar 25, 2015
  • First Mortgage Loan Amount: $10,000,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: MUTUAL BANK
  • Previous Mortgage Transaction Date: Jul 13, 2004
  • Previous Mortgage Loan Amount: $1,150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Cicero



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Frequently Asked Questions

What neighborhood is 3030 South 48th Court located in?
The 3030 South 48th Court is a located in the neighborhood of Cicero in Cicero, Cicero.
What is the average sales price for listings in 3030 South 48th Court?
The average sales price for units in 3030 South 48th Court is $0 currently.

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