NOT LISTED FOR SALE

Estimated Value: $235,162

5 Beds
2 Baths
2,131 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $168,500 $79 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,461/month

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Ceiling Fan
  • 3-minute walk to Nat King Cole Park

About This Home

As of June 2023

OPPORTUNITY AWAITS WITH THIS CHATHAM BRICK 2-UNIT! ACT NOW TO CAPITALIZE ON THIS RARE OPPORTUNITY TO OWN IN THIS GREAT CHICAGO NEIGHBORHOOD. UNIT 1 IS CURRENTLY OCCUPIED, AND UNIT 2 IS VACANT. THIS PROPERTY ALSO FEATURES A DETACHED 2-CAR GARAGE, SEPERATE HEAT AND ELECTRIC, AND A PRIVATE DRIVEWAY! CASH, CONVENTIONAL, OR REHAB FINANCING ONLY. SELLING AS-IS.

Last Agent to Sell the Property

Randall Glenn

Grandview Realty, LLC License #475151589 Listed on: 03/25/2023

Grandview Realty, LLC

Last Buyer's Agent

Tiffany Burrell

Compass License #475145130

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1960

Lot Details

  • 5,009

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Walk-Out Basement
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,419

Year Built

Built in 1960

Lot Details

5,009 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Dimensions: 5000
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 3418.55
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
May 19, 2023
Sold by
Miller Michael D
Bought by
318 E 87Th St Llc
Seller's Agent
Randall Glenn
Grandview Realty, LLC
Buyer's Agent
Tiffany Burrell
Compass
List Price
$174,900
Sold Price
$168,500
Premium/Discount to List
-$6,400
-3.66%
Views
93
Current Estimated Value
$235,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,662
Avg. Annual Appreciation
13.39%
Original Mortgage
$247,500
Interest Rate
5.76%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2000
Sold by
Henderson Nassey Winona Sonya
Bought by
Miller Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,775
Interest Rate
7.77%

Purchase Details

Closed on
Mar 15, 1998
Sold by
Henderson Sonya Winona
Bought by
Henderson Nassey Winona Sonya
Source: Public Records
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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
318 E 87Th St Llc $168,500 None Listed On Document
Miller Michael D $154,500 --
Henderson Nassey Winona Sonya -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 318 E 87Th St Llc $247,500
Previous Owner Miller Michael D $146,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $168,500 -3.7% $79 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/25/2023 03/25/23 For Sale $174,900 -- $82 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $3,011 $17,500 $3,750 $13,750
2024 $3,011 $17,500 $3,750 $13,750
2023 $2,935 $14,270 $5,000 $9,270
2022 $2,935 $14,270 $5,000 $9,270
2021 $3,419 $17,000 $5,000 $12,000
2020 $3,269 $14,673 $4,000 $10,673
2019 $3,240 $16,125 $4,000 $12,125
2018 $3,690 $18,681 $4,000 $14,681
2017 $4,040 $18,769 $3,500 $15,269
2016 $3,759 $18,769 $3,500 $15,269
2015 $3,439 $18,769 $3,500 $15,269
2014 $3,110 $16,762 $3,000 $13,762
2013 $3,049 $16,762 $3,000 $13,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11745007

Midwest Real Estate Data (MRED)

APN: 20-34-322-049-0000

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