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Updated over 7 years ago on . Most recent reply

User Stats

75
Posts
24
Votes
Eugene Rogachevsky
  • Investor
  • Long Beach, CA
24
Votes |
75
Posts

Property Valuation Needed-Chicago

Eugene Rogachevsky
  • Investor
  • Long Beach, CA
Posted

Hello,

I own a triplex in Dolton, IL that I purchased for $155,000 in 2017. The Cook County Assessor has it valued at $230,000. I don’t know if that’s the true value or if some inflated number assessor drummed up to collect higher tax.

My thought is if it really is worth $230,000+, I’d do a cash-out refi and pull out some equity. I’m having trouble finding comps for this property as Zillow, Redfin, etc haven’t been too helpful.

I was wondering if any real estate agents licensed in IL (and is familiar with the Dolton, IL area) can give me a quick comp of the property. DM for address.

Any help would be greatly appreciated!

Thank you

Eugene

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