629 E 87th Place Chicago, IL 60619
Chatham Neighborhood
5
Beds
2
Baths
2,126
Sq Ft
1932
Built
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Laundry Room
- Formal Dining Room
- Living Room
- Bungalow
About This Home
As of November 2024Instant equity in this huge Chatham Bungalow. Priced below recent appraisal. Five bedrooms above grade plus the possibility of a sixth in the basement. Side entrance. Large living room and formal dining room. Hardwood floors beneath carpeting. Beautiful, untouched wooden doors and mouldings. Second level features two spacious bedrooms, a full bath and two additional areas for expansion. Basement is partially finished. Home sits on an oversized lot and features 2 1/2 car garage plus an exterior space. This is an ideal renovation project, for an investor or owner occupant. Due to broken radiator pipes, water has been shut off. Seller will not activate gas or water.
Last Agent to Sell the Property
Sound Realty, LLC License #471010072 Listed on: 08/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,743
Year Built
- Built in 1932
Lot Details
- Lot Dimensions are 37 x 125
Parking
- 2 Car Detached Garage
- Off Alley Parking
- Parking Included in Price
Home Design
- Bungalow
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,126 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2024
Closed on
Oct 14, 2024
Sold by
Trust Number 21528 and Chicago Title Land Trust Company
Bought by
Jtt Investment Corp
Seller's Agent
Jason Powell
Sound Realty, LLC
Buyer's Agent
LaToya McDaniel
Coldwell Banker Realty
List Price
$149,900
Sold Price
$85,000
Premium/Discount to List
-$64,900
-43.3%
Views
117
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.61%
Original Mortgage
$459,000
Outstanding Balance
$233,002
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
-$112,068
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 |
|---|---|---|---|
| Deed | $85,000 | Chicago Title | |
| Deed | $85,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $459,000 | Construction | |
| Closed | $459,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $399,999 | -2.4% | $143 / Sq Ft |
| 06/23/2025 06/23/25 | For Sale | $409,999 | +382.4% | $147 / Sq Ft |
| 11/11/2024 11/11/24 | Sold | $85,000 | -39.2% | $40 / Sq Ft |
| 09/18/2024 09/18/24 | Pending | -- | -- | -- |
| 09/16/2024 09/16/24 | Price Changed | $139,900 | -6.7% | $66 / Sq Ft |
| 08/26/2024 08/26/24 | For Sale | $149,900 | -- | $71 / 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 | $2,743 | $11,200 | $3,515 | $7,685 |
| 2023 | $2,674 | $13,000 | $5,859 | $7,141 |
| 2022 | $2,674 | $13,000 | $5,859 | $7,141 |
| 2021 | $2,614 | $12,999 | $5,858 | $7,141 |
| 2020 | $2,704 | $12,139 | $4,218 | $7,921 |
| 2019 | $2,710 | $13,488 | $4,218 | $9,270 |
| 2018 | $2,664 | $13,488 | $4,218 | $9,270 |
| 2017 | $2,892 | $13,434 | $3,749 | $9,685 |
| 2016 | $2,691 | $13,434 | $3,749 | $9,685 |
| 2015 | $2,462 | $13,434 | $3,749 | $9,685 |
| 2014 | $2,155 | $11,613 | $3,280 | $8,333 |
| 2013 | $2,112 | $11,613 | $3,280 | $8,333 |
Source: Public Records
Agents Affiliated with this Home
-
LaToya McDaniel
Seller's Agent in 2025
LaToya McDaniel
Coldwell Banker Realty
(773) 387-4011
1 in this area
13 Total Sales
-
Jason Powell
J
Seller's Agent in 2024
Jason Powell
Sound Realty, LLC
(708) 259-9645
2 in this area
26 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12123372
APN: 25-03-206-045-0000
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