$110,000
SOLD SEP 11, 2024

5802 W 87th Place Oak Lawn, IL 60453

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

Recently Sold

$64 Per Sq Ft

51% Below List Price

109 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Dry Bar
  • Wood Flooring
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of October 2024

This large corner lot home with a fenced in yard has many unique features. There is an oversized two car garage and off street parking with a side driveway. The side driveway is large enough for almost any size vehicle. There is a large deck. Huge attic space accessible through the upstairs. This 4/5 bedroom, 2 bath home with updated main level bathroom has a walk in shower. There is a family room, living room and bar room for relaxing and entertaining. Come see and make your offer today! * CASH ONLY TERMS" HOME IS BEING SOLD "AS IS"-PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER*

Last Agent to Sell the Property

Michael Cerf

Real People Realty License #475147903 Listed on: 04/30/2024

Real People Realty

Last Buyer's Agent

Logan McAreavy

HOMETRADE REALTY LLC License #475208727

HOMETRADE REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,045

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 90x121
  • Additional Parcels

Parking

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

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

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

Laundry

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

Outdoor Features

  • Deck

Utilities

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

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
  • 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), Water Heater-Gas
  • Room Type: Tandem Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 199500
  • 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
  • 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 Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 123

Lot Info

  • Additional Parcels Description: 24052010430000,24052010440000
  • Additional Parcels: Yes
  • Lot Dimensions: 90X121
  • 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: 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%
Total Days on Market
109
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

Range of Values:

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Average Value
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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 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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12021452

Midwest Real Estate Data (MRED)

APN: 24-05-201-042-0000