NOT LISTED FOR SALE

316 E 87th St Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $181,000 - $221,000

4 Beds
2 Baths
2,130 Sq Ft
$97/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $140,000 $66 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,465/month

5 Days on Market

Highlights

  • Detached Garage
  • 1-Story Property
  • 3-minute walk to Nat King Cole Park

About This Home

As of February 2022

Calling all investors! Your next flipping project is here. This 4 bedroom 2 bath single family home has so much space and potential to turn it around and profit. The main floor has the living room, dining room and kitchen. Up the stairs you will find two large bedrooms with a full bathroom. The basement has 2 more bedrooms and a full bath. There is a sub basement with a separate laundry room and mechanical room and a huge space for a family room or add more bedrooms. New Sump Pump was just installed.

Last Agent to Sell the Property

Hugo Araujo

Coldwell Banker Realty License #475175528 Listed on: 01/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Raphael Brundidge

Real People Realty License #475192506

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,009

Year Built

  • 1963

Lot Details

  • 4,356

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,130 Sq Ft Home
  • 1-Story Property

Finished Basement

  • Sub-Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,009

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Architectural Style: Ranch
  • Directions: From downtown Chicago, Take I-90 E/I-94 E, I-94 Express and I-94 E to S Lafayette Ave. Take exit 61B from I-94 E, Take W 87th St and S King Dr/S Martin Luther King Dr to S Eberhart Ave, Turn left onto S Eberhart Ave, Destination will be on the left
  • Lot Size: 35 X 124.9
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Has Basement: Full, Walkout
  • Estimated Total Finished Sq Ft: 2130
  • Basement Description: Finished,Sub-Basement
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 1065
  • Basement Sq Ft: 1065
  • Total Sq Ft: 2130
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1065
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1065
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: None
  • Heating: Radiant
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Neil Elementary School
  • High School: Simeon Career Academy High Schoo
  • Junior High Dist: 299
  • Middle Or Junior School: Harlan Community Academy Senior

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2851.69
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Brundidge Raphael
Bought by
Dixon Tiajuana
Current Estimated Value
$207,588

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 21, 2022
Sold by
Valme George H and Guerrier Gilberte M
Bought by
Brundidge Raphael D
Seller's Agent
Hugo Araujo
Coldwell Banker Realty
Buyer's Agent
Raphael Brundidge
Real People Realty
List Price
$130,000
Sold Price
$140,000
Premium/Discount to List
$10,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$105,000
Interest Rate
3.69%

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 10, 2022
Sold by
Valme George H and Guerrier Gilberte M
Bought by
Brundidge Raphael D
Seller's Agent
Hugo Araujo
Coldwell Banker Realty
Buyer's Agent
Raphael Brundidge
Real People Realty
List Price
$130,000
Sold Price
$140,000
Premium/Discount to List
$10,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.69%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dixon Tiajuana -- None Listed On Document
Brundidge Raphael D $140,000 --
Brundidge Raphael D $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brundidge Raphael D $43,462
Previous Owner Brundidge Raphael D $105,000
Previous Owner Guerrier Gilberte M $80,000
Previous Owner Guerrier Gilberte M $45,000
Previous Owner Guerrier Gilberte $30,000
Previous Owner Guerrier Gilberte $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $140,000 +7.7% $66 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $130,000 -- $61 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,009 $15,800 $3,281 $12,519
2023 $3,908 $19,000 $4,375 $14,625
2022 $3,908 $19,000 $4,375 $14,625
2021 $3,821 $19,000 $4,375 $14,625
2020 $2,852 $12,801 $3,500 $9,301
2019 $2,826 $14,067 $3,500 $10,567
2018 $2,779 $14,067 $3,500 $10,567
2017 $2,109 $15,872 $3,062 $12,810
2016 $2,679 $15,872 $3,062 $12,810
2015 $2,428 $15,872 $3,062 $12,810
2014 $1,970 $13,186 $2,625 $10,561
2013 $1,920 $13,186 $2,625 $10,561
Source: Public Records

Agents Affiliated with this Home

  • Hugo Araujo

    Seller's Agent in 2022

    Hugo Araujo

    Coldwell Banker Realty

    (773) 550-4846

    4 in this area

    177 Total Sales

    Hugo Araujo
    Section Image

  • R

    Buyer's Agent in 2022

    Raphael Brundidge

    Real People Realty

    (773) 882-0579

    1 in this area

    7 Total Sales

    Raphael Brundidge
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11302445

Midwest Real Estate Data (MRED)

APN: 20-34-322-048-0000

Illinois Cook County Chicago 60619 Chatham

316 E 87th St, Chicago, IL

This home is located at 316 E 87th St, Chicago, IL 60619 since 19 January 2022 and is currently estimated at $207,588, approximately $97 per square foot. This property was built in 1963. 316 E 87th St is a home located in Cook County with nearby schools including Neil Elementary School, Harlan Community Academy High School, and Rescue Missionary Christian School.

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