$181,000
SOLD OCT 18, 2024

5802 W 87th Place Oak Lawn, IL 60453

4 Beds
2 Baths
1,726 Sq Ft
3,615 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

13% Above List Price

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Deck
  • Main Floor Bedroom
  • Bar

About This Home

As of October 2024

Spacious Corner Lot Home with Endless Potential! This charming 4-bedroom, 2-bath home is situated on a large corner lot with a fenced-in yard, offering privacy and space. Featuring an oversized 2-car garage and an expansive side driveway, you'll have plenty of room for off-street parking-even for larger vehicles. Enjoy outdoor living on the large deck, perfect for entertaining. Inside, the home offers multiple living spaces, including a family room, living room, and a bar room, providing ample room for relaxing and gathering with friends and family. Porperty is being sold AS-IS. Licensed agent has ownership interest in the porperty.

Last Agent to Sell the Property

Steve Budzik

ICandy Realty LLC License #471018356 Listed on: 09/13/2024

Last Buyer's Agent

Luis Trejo Martinez

RE/MAX MI CASA License #475187102

RE/MAX MI CASA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,045

Year Built

  • Built in 1941

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,726 Sq Ft Home
  • 1.5-Story Property
  • Bar
  • Dry Bar
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Tandem Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Gas Dryer Hookup

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 90x121

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,045

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1941
  • 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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Bar-Dry, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Some Carpeting, Some Wood Floors, Pantry
  • LivingArea: 1726
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Tandem Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 159900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete,Gravel
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 123

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 90X121
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 6044.75
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Sep 30, 2024
Sold by
Lux Rentals Llc
Bought by
Castanon Gabriel and Castanon Jose L
Seller's Agent
Steve Budzik
ICandy Realty LLC
Buyer's Agent
Luis Trejo Martinez
RE/MAX MI CASA
List Price
$159,900
Sold Price
$181,000
Premium/Discount to List
$21,100
13.2%
Views
254
Current Estimated Value
$222,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,525
Avg. Annual Appreciation
30.32%
Original Mortgage
$162,900
Outstanding Balance
$161,931
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$60,594

Purchase Details

Listed on
Sep 13, 2024
Closed on
Sep 11, 2024
Sold by
Markowski Kathleen
Bought by
Lux Rentals Llc
Seller's Agent
Steve Budzik
ICandy Realty LLC
Buyer's Agent
Luis Trejo Martinez
RE/MAX MI CASA
List Price
$159,900
Sold Price
$181,000
Premium/Discount to List
$21,100
13.2%
Views
254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,900
Outstanding Balance
$161,931
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$60,594
Source: Public Records

Similar Homes in Oak Lawn, IL

  • 6733 W 88th St, Oak Lawn, IL 60453

    $190,000

    • 3 Beds
    • 1 Bath
    • 1,166 Sq Ft
    • 6733 W 88th St
    • Oak Lawn, IL

    Brick Home for Sale - Ideal Rehab Opportunity! This charming 3-bedroom, 1-bath brick home offers solid potential for investors or DIY enthusiasts. Featuring a full basement and a spacious backyard, it's the perfect canvas for a renovation project. Solid brick construction, Full basement for added space or storage, Wonderful backyard - great for outdoor entertaining, Prime location - convenient

    Rebecca Parise Sav-More Realty, Inc.

    Section Image
  • 9208 S Monitor Ave, Oak Lawn, IL 60453

    $199,900

    • 4 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • 9208 S Monitor Ave
    • Oak Lawn, IL

    Good size 4 bedroom, 2 full bath 2 Story with larger Kitchen open to dining area. There is a family room on the back for extra space. 1 bedroom on the 1st floor and also a full bath with large whirlpool tub and separate shower. 3 bedrooms, full bath and Laundry on the 2nd floor. Fenced yard, in-ground pool, needs work, potential leak in the circulation system. This is a short sale with Cash

    Laura Bugos-Komperda eXp Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $181,000 None Listed On Document
Executors Deed $110,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $162,900 New Conventional
Previous Owner $120,000 Construction
Previous Owner $8,275 Unknown
Previous Owner $10,000 Unknown
Previous Owner $19,979 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $181,000 +13.2% $105 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $159,900 +45.4% $93 / Sq Ft
09/11/2024 09/11/24 Sold $110,000 -44.9% $64 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $199,500 -11.3% $116 / Sq Ft
06/27/2024 06/27/24 Price Changed $224,900 0.0% $130 / Sq Ft
06/27/2024 06/27/24 For Sale $224,900 0.0% $130 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $225,000 0.0% $130 / Sq Ft
06/13/2024 06/13/24 For Sale $225,000 -10.0% $130 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $250,000 0.0% $145 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $250,000 -10.4% $145 / Sq Ft
04/30/2024 04/30/24 For Sale $279,000 -- $162 / 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 $2,620 $12,000 $2,632 $9,368
2023 $1,128 $12,000 $2,632 $9,368
2022 $1,128 $8,481 $2,269 $6,212
2021 $1,064 $8,479 $2,268 $6,211
2020 $971 $8,479 $2,268 $6,211
2019 $1,045 $8,065 $2,087 $5,978
2018 $1,003 $8,065 $2,087 $5,978
2017 $1,000 $8,065 $2,087 $5,978
2016 $1,484 $6,953 $1,724 $5,229
2015 $1,547 $6,953 $1,724 $5,229
2014 $1,501 $6,953 $1,724 $5,229
2013 $1,400 $7,960 $1,724 $6,236
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12161903

Midwest Real Estate Data (MRED)

APN: 24-05-201-042-0000