The following residential sales were reported for the week of September 3-9, 2017. The median sale price and twelve-months property tax bill were $50,000 and $2,814, respectively.
8720 S. MacKinaw Ave.$165,000Property Tax (2015): $2,323.42Effective Property Tax Rate: 1.41%Buyer: R M M Renovation Restoration LLCSeller: H & H Fast Prop Inc.
8132 S. Exchange Ave.$50,000Property Tax (2015): $2,814.44Effective Property Tax Rate: 5.63%Buyer: Community Initiatives Inc.Seller: Fannie Mae and Federal National Mortgage Association
8637 S. Saginaw Ave.$50,000Property Tax (2015): $3,461.52Effective Property Tax Rate: 6.92%Buyer: Cnec Employee Benefits & Corporate Law Inc.Seller: Chicago Title Land Trust Co. (trustee)