NOT LISTED FOR SALE

3806 S Michigan Ave Chicago, IL 60653

Stateway Gardens Neighborhood

Estimated Value: $715,000 - $1,808,000

7 Beds
6 Baths
8,000 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $200,000 $25 Per Sq Ft

Est. 471% increase in value since last sale

Current estimated payment $7,695/month

129 Days on Market

About This Home

As of March 2014

Massive historic mansion of famed Chicago artist, Dr. Margaret T. Burroughs; landmark status & original home of Dusable Museum of African American History. Over 8000 sq ft, constructed of grey limestone, basement, & 24 rooms has endless possibilities! Sitting on 10,000 sq ft lot including a 2 story coach house. Complete gut rehab is required to restore it back to its grandeur. Room counts & dimensions not guaranteed.

Last Agent to Sell the Property

Sheila Dantzler

Jameson Sotheby's Intl Realty License #475149239 Listed on: 05/29/2013

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Sheila Dantzler

Jameson Sotheby's Intl Realty License #475149239 Listed on: 05/29/2013

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $17,327

Year Built

  • 1876

Lot Details

  • 9,583

Home Design

  • Stone Siding

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • No Cooling
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$17,327

Year Built

1876

Lot Details

0

Interior Features

  • Total # Of Rooms: 12
  • Attic: Full
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X20
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X15
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 15X15
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 15X15
  • Living Room Level: Main Level
  • Living Room Size: 20X15
  • Dining Room Level: Main Level
  • Dining Room Size: 15X15
  • Family Room Level: 2nd Level
  • Family Room Size: 15X15
  • Kitchen Level: Main Level
  • Kitchen Size: 15X12

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Stone

Utilities

  • Air Conditioner: None
  • Water: Lake Michigan
  • Heat/Fuel: Hot Water/Steam

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 10,000 SQ FEET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
Steed Christina Crawford
Bought by
Steed Munson Wallace and Steed Christina Crawford
Current Estimated Value
$1,141,546

Purchase Details

Closed on
Jul 14, 2017
Sold by
Tbc Industries Inc
Bought by
Steed Christina Crawford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$369,298
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$696,478

Purchase Details

Listed on
May 29, 2013
Closed on
Mar 17, 2014
Sold by
Burroughs Toller Eric James
Bought by
Tbc Industries Inc
Seller's Agent
Sheila Dantzler
Jameson Sotheby's Intl Realty
Buyer's Agent
Sheila Dantzler
Jameson Sotheby's Intl Realty
List Price
$580,000
Sold Price
$200,000
Premium/Discount to List
-$380,000
-65.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Burroughs Margaret G and Burroughs Margaret T C
Bought by
Burroughs Toller Eric James and Margaret Taylor Goss Burroughs 2010 Trus
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Steed Munson Wallace -- Attorney
Steed Christina Crawford $200,000 Chicago Title
Tbc Industries Inc $200,000 Stewart Title Company
Burroughs Toller Eric James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steed Christina Crawford $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2014 03/17/14 Sold $200,000 -65.5% $25 / Sq Ft
10/05/2013 10/05/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $580,000 -- $73 / 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 $17,327 $110,000 $43,500 $66,500
2023 $16,888 $81,852 $32,620 $49,232
2022 $16,888 $81,852 $32,620 $49,232
2021 $26,180 $129,801 $32,620 $97,181
2020 $8,305 $37,280 $30,000 $7,280
2019 $7,490 $37,280 $30,000 $7,280
2018 $20,310 $102,816 $30,000 $72,816
2017 $17,318 $80,446 $25,000 $55,446
2016 $16,112 $80,446 $25,000 $55,446
2015 $14,741 $80,446 $25,000 $55,446
2014 $12,663 $70,817 $20,000 $50,817
2013 $12,402 $70,817 $20,000 $50,817
Source: Public Records

Agents Affiliated with this Home

  • Sheila Dantzler

    Seller's Agent in 2014

    Sheila Dantzler

    Jameson Sotheby's Intl Realty

    (312) 399-9056

    133 Total Sales

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08355921

Midwest Real Estate Data (MRED)

APN: 17-34-322-035-0000

Illinois Cook County Chicago 60653 Stateway Gardens

3806 S Michigan Ave, Chicago, IL

This home is located at 3806 S Michigan Ave, Chicago, IL 60653 since 29 May 2013 and is currently estimated at $1,141,546, approximately $142 per square foot. This property was built in 1876. 3806 S Michigan Ave is a home located in Cook County with nearby schools including Wells Preparatory Elementary Academy, Wendell Phillips Academy High School, and Perspectives/IIT Math & Science Academy.

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