424 E 87th Place Chicago, IL 60619
Chatham NeighborhoodEstimated payment $1,428/month
Total Views
3,583
4
Beds
2
Baths
1,501
Sq Ft
$133
Price per Sq Ft
Highlights
- Wood Flooring
- Formal Dining Room
- Living Room
- Lower Floor Utility Room
- 2 Car Detached Garage
- Laundry Room
About This Home
Your dream investment awaits in the heart of the historic Chatham community! This spacious 4-bedroom 2 bathroom bungalow offers room to grow and endless possibilities for your family with a finished basement. With a recently upgraded full bathroom on the first floor and a dormered second floor ready to shine, this home has incredible potential. This i home would make the perfect candidate for a 2023k rehab loan. I have the perfect lender team to help with making this your dream home. Imagine the value you can unlock-with some updates, the After Repair Value is projected at 400K+! The property is currently occupied and in habitable condition, making it the perfect opportunity for investors or owner-occupiers ready to create something extraordinary. Don't miss your chance to own a piece of Chatham history with the space, charm, and upside you've been looking for! Sold As-Is Home is eligible for the Chase Homebuyer Grant.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,702
Year Built
- Built in 1926
Lot Details
- Lot Dimensions are 125x25
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
Interior Spaces
- 1,501 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Lower Floor Utility Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,702 | $14,900 | $2,906 | $11,994 |
| 2023 | $3,702 | $18,000 | $4,844 | $13,156 |
| 2022 | $3,702 | $18,000 | $4,844 | $13,156 |
| 2021 | $3,619 | $17,999 | $4,843 | $13,156 |
| 2020 | $1,215 | $15,079 | $3,487 | $11,592 |
| 2019 | $1,212 | $16,755 | $3,487 | $13,268 |
| 2018 | $1,193 | $16,755 | $3,487 | $13,268 |
| 2017 | $1,278 | $14,619 | $3,100 | $11,519 |
| 2016 | $2,928 | $14,619 | $3,100 | $11,519 |
| 2015 | $2,679 | $14,619 | $3,100 | $11,519 |
| 2014 | $1,946 | $13,057 | $2,712 | $10,345 |
| 2013 | $1,896 | $13,057 | $2,712 | $10,345 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Pending | -- | -- | -- |
| 03/03/2025 03/03/25 | For Sale | $199,900 | +65.9% | $133 / Sq Ft |
| 05/22/2014 05/22/14 | Sold | $120,500 | -9.7% | $80 / Sq Ft |
| 04/05/2014 04/05/14 | Pending | -- | -- | -- |
| 04/01/2014 04/01/14 | For Sale | $133,500 | 0.0% | $89 / Sq Ft |
| 02/13/2014 02/13/14 | Pending | -- | -- | -- |
| 01/26/2014 01/26/14 | For Sale | $133,500 | +122.5% | $89 / Sq Ft |
| 09/09/2013 09/09/13 | Sold | $60,000 | +5.3% | $40 / Sq Ft |
| 05/15/2013 05/15/13 | Pending | -- | -- | -- |
| 05/02/2013 05/02/13 | For Sale | $57,000 | -- | $38 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $120,500 | None Available | |
| Warranty Deed | $60,000 | None Available | |
| Warranty Deed | $210,000 | Agtf Inc | |
| Special Warranty Deed | $100,000 | Fatic | |
| Legal Action Court Order | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Executors Deed | $73,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,917 | FHA | |
| Closed | $114,977 | FHA | |
| Previous Owner | $224,000 | Unknown | |
| Previous Owner | $220,500 | Unknown | |
| Previous Owner | $199,500 | Unknown | |
| Previous Owner | $113,459 | Construction | |
| Previous Owner | $140,042 | No Value Available | |
| Previous Owner | $2,479 | Unknown | |
| Previous Owner | $73,450 | FHA |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12303034
APN: 25-03-200-033-0000
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