NOT LISTED FOR SALE

640 E 87th Place Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $213,000

0.07 Acre
$3,042,857 Price per Acre
3,049 Sq Ft Lot

Last Sold July 22, 2016

Last sale price $5,000 $5 Per Sq Ft

Est. 4,160% increase in value since last sale

Current estimated payment $1,191/month

99 Days on Market

About This Lot

As of July 2016

3125 sf rectangular vacant residential lot with a 2 car garage on the rear of the property. Seller provides no survey. Lot size is approximate and based off tax record.

Last Agent to Sell the Property

James Morris

JMRI Corp License #471010383 Listed on: 04/11/2016

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned SINGL

Outdoor Features

  • Electricity Available at Street

Utilities

  • No Cooling
  • No Utilities
  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Concrete
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: None
  • Utilities: Electric Nearby, Gas Nearby, Water Nearby, None

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 3125 SQ FT
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 469.21
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jul 22, 2016
Sold by
Chris Home Remodeling Inc
Bought by
Muhammad S Holy Temple Of Islam
Seller's Agent
James Morris
JMRI Corp
Buyer's Agent
Non Member
NON MEMBER
List Price
$10,000
Sold Price
$5,000
Premium/Discount to List
-$5,000
-50%
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,000
Avg. Annual Appreciation
48.80%

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 2, 2015
Sold by
Seaway Bank & Trust Company
Bought by
Chris Home Remodeling Inc
Seller's Agent
James Morris
JMRI Corp
Buyer's Agent
James Morris
JMRI Corp
List Price
$2,500
Sold Price
$3,000
Premium/Discount to List
$500
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.98%

Purchase Details

Closed on
Sep 3, 2015
Sold by
Seaway Community Development Corporation
Bought by
Seaway Bank & Trust Company

Purchase Details

Closed on
Mar 18, 1994
Sold by
Seaway Bancshares Inc
Bought by
Seaway Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Muhammad S Holy Temple Of Islam -- First American Title Insuran
Chris Home Remodeling Inc $3,000 Fidelity National Title
Seaway Bank & Trust Company $300,000 Attorney
Seaway Community Development Corp $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seaway Community Development Corp $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2016 07/22/16 Sold $5,000 -50.0% $5 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $10,000 +233.3% $10 / Sq Ft
12/04/2015 12/04/15 Sold $3,000 +20.0% $3 / Sq Ft View Prior Sale
11/12/2015 11/12/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $2,500 -- $2 / 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 $896 $2,780 $2,344 $436
2023 $874 $4,249 $3,906 $343
2022 $874 $4,249 $3,906 $343
2021 $854 $4,248 $3,906 $342
2020 $703 $3,154 $2,812 $342
2019 $634 $3,154 $2,812 $342
2018 $623 $3,154 $2,812 $342
2017 $612 $2,842 $2,500 $342
2016 $569 $2,842 $2,500 $342
2015 $521 $2,842 $2,500 $342
2014 $469 $2,529 $2,187 $342
2013 $460 $2,529 $2,187 $342
Source: Public Records

Agents Affiliated with this Home

  • James Morris

    Seller's Agent in 2016

    James Morris

    JMRI Corp

    (312) 330-6911

    1 in this area

    68 Total Sales

    James Morris
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09191539

Midwest Real Estate Data (MRED)

APN: 25-03-202-038-0000

Illinois Cook County Chicago 60619 Chatham

640 E 87th Place, Chicago, IL

Not Listed for Sale

Lots

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.

Midwest Real Estate Data (MRED) 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