424 E 87th Place Chicago, IL 60619
Chatham Neighborhood
4
Beds
2
Baths
1,501
Sq Ft
1926
Built
Highlights
- Wood Flooring
- Formal Dining Room
- Laundry Room
- Lower Floor Utility Room
- Living Room
- Bungalow
About This Home
As of June 2025Your 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 Garage
- 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
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2025
Closed on
May 8, 2025
Sold by
Anderson Sharon O and Darby Mildred
Bought by
Taylor Gabriel
Seller's Agent
Sanina Ellison
Re-CHRG Inc
Buyer's Agent
Newell Broadway
Coldwell Banker Realty
List Price
$199,900
Sold Price
$199,900
Views
79
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.03%
Original Mortgage
$225,121
Outstanding Balance
$224,564
Interest Rate
7%
Mortgage Type
FHA
Estimated Equity
-$14,227
Purchase Details
Closed on
Jul 24, 2021
Sold by
Darby Mildred
Bought by
Darby Mildred and Anderson Sharon O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,917
Interest Rate
2.1%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 26, 2014
Closed on
May 14, 2014
Sold by
Duarte Maria E
Bought by
Darby Mildred
Seller's Agent
Pedro Ferrel
A.R.E. Partners Inc.
Buyer's Agent
Sanina Ellison
Re-CHRG Inc
List Price
$133,500
Sold Price
$120,500
Premium/Discount to List
-$13,000
-9.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$114,977
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Listed on
May 2, 2013
Closed on
Sep 9, 2013
Sold by
Mcgee Jayvonne C
Bought by
Duarte Maria E
Seller's Agent
Pedro Ferrel
A.R.E. Partners Inc.
Buyer's Agent
Pedro Ferrel
A.R.E. Partners Inc.
List Price
$57,000
Sold Price
$60,000
Premium/Discount to List
$3,000
5.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.78%
Purchase Details
Closed on
Jul 1, 2003
Sold by
Re2 Investments Llc
Bought by
Mcgee Jayvonne C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.3%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 10, 2003
Sold by
Citifinancial Mortgage Co Inc
Bought by
Re 2 Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,459
Interest Rate
6.01%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 20, 2002
Sold by
Anthony Mozella
Bought by
Citifinancial Mtg Company Inc and Associates Home Equity Services Inc
Purchase Details
Closed on
Nov 29, 2000
Sold by
Palms Slayton and Palms Anthony Mozella
Bought by
Anthony Mozella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,042
Interest Rate
12.11%
Purchase Details
Closed on
May 21, 1996
Sold by
Deshazor Mildred and Luker Catherine R
Bought by
Palms Slayton and Palms Anthony Mozella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,450
Interest Rate
8.1%
Mortgage Type
FHA
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| 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 | $225,121 | FHA | |
| Previous Owner | $100,917 | FHA | |
| Previous Owner | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $199,900 | 0.0% | $133 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $199,900 | 0.0% | $133 / Sq Ft |
| 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)
Tax History Compared to Growth
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 | $3,798 | $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
Agents Affiliated with this Home
-
Sanina Ellison
Seller's Agent in 2025
Sanina Ellison
Re-CHRG Inc
(773) 495-2144
1 in this area
59 Total Sales
-
Newell Broadway
Buyer's Agent in 2025
Newell Broadway
Coldwell Banker Realty
(815) 325-2866
1 in this area
57 Total Sales
-
P
Seller's Agent in 2014
Pedro Ferrel
A.R.E. Partners Inc.
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12303034
APN: 25-03-200-033-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 432 E 88th St
- 448 E 88th St
- 513 E 87th St
- 508 E 87th St
- 430 E 88th Place
- 525 E 87th Place
- 8623 S Vernon Ave
- 323 E 87th St
- 8605 S Calumet Ave
- 9411 S Calumet Ave
- 8617 S Prairie Ave
- 555 E 88th Place
- 8858 S Calumet Ave
- 629 E 87th Place
- 8533 S Rhodes Ave
- 8539 S Saint Lawrence Ave
- 654 E 87th Place
- 8458 S Vernon Ave
- 224 E 86th St
- 523 E 89th Place