$360,000

Estimated payment $2,115/month

Total Views 20,094
3 Beds
3 Baths
1,450 Sq Ft
$248 Price per Sq Ft

Highlights

  • Hot Property
  • 3-minute walk to 79Th Street Station
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Central Air

About This Home

Located in Chatham, 40 W 81st St offers a completely rehabbed, move-in ready home sitting on a rare double lot with two PINs. This beautifully updated property features 2 spacious bedrooms, an additional bedroom in the full basement, and 3 modern full bathrooms, providing the perfect living space. The home boasts an inviting eat-in kitchen, generous bedroom sizes, and all-new mechanicals including new electrical, new plumbing, new furnace, and new HVAC, giving buyers ultimate peace of mind. It also includes a 2-car garage along with a driveway that provides two additional exterior parking spaces, offering ample parking for residents and guests. Located in a quiet, well-kept neighborhood just moments from the expressway, this home offers easy commuting and close proximity to shopping, restaurants, parks, and everyday amenities. With its oversized yard, thoughtful layout, and full renovation, this property delivers exceptional comfort, convenience, and value in one of Chicago's classic residential communities.

Listing Agent

Vikky Kaufman

Coldwell Banker Realty License #475184237 Listed on: 11/17/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,725

Year Built

  • Built in 1939 | Remodeled in 2025

Lot Details

  • Lot Dimensions are 50 x 125
  • Additional Parcels

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,450 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Basement

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,725

Year Built

Built in 1939 | Remodeled in 2025

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1939
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2025

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1450
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Side Driveway, Yes, Detached, Driveway, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 x 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2725.09
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $672 $12,001 $1,563 $10,438
2023 $633 $6,500 $2,344 $4,156
2022 $633 $6,500 $2,344 $4,156
2021 $637 $6,499 $2,343 $4,156
2020 $2,079 $12,436 $2,343 $10,093
2019 $2,027 $13,518 $2,343 $11,175
2018 $1,992 $13,518 $2,343 $11,175
2017 $2,342 $14,254 $2,031 $12,223
2016 $2,355 $14,254 $2,031 $12,223
2015 $2,131 $14,254 $2,031 $12,223
2014 $1,867 $12,631 $1,875 $10,756
2013 $1,819 $12,631 $1,875 $10,756
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $360,000 +166.7% $248 / Sq Ft
12/28/2023 12/28/23 Sold $135,000 -3.6% $104 / Sq Ft View Prior Sale
12/11/2023 12/11/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $140,000 -- $108 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 Chicago Title
Warranty Deed $135,000 Chicago Title
Source: Public Records

About the Listing Agent

Vikky Kaufman

Coldwell Banker Realty

(773) 364-6643

Section Image

Realtor Vikky Kaufman, a Chicagoland native, has always been passionate about helping others. She worked in the behavioral health industry for several years after completing her psychology degree in 2005. Having graduated from dental hygiene school in 2012, she has been practicing for more than a decade and is widely known for her friendly demeanor and exceptional patient care.

In 2019, Vikky became an Illinois licensed realtor, adding a new role to her career path. Drawing on her deep

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    Calling all investors! Property sold AS-IS, cash offers only. Proof of funds required with all offers. Buyer is responsible for back taxes, village/city inspections, and compliance. Seller will not provide a survey or termite inspection. Property is currently occupied-please do not disturb the occupants.

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  • 6212 S Bishop St Unit 1, Chicago, IL 60636

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  • 4609 S Vincennes Ave Unit 2, Chicago, IL 60653

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12518730

Midwest Real Estate Data (MRED)

APN: 20-33-214-035-0000