NOT LISTED FOR SALE

640 E 87th Place Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $168,000

0.07 Acres
$2,400,000 Price per Acre
3,049 Sq Ft Lot

Sale Details

Date Sold: July 22, 2016

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

Est. 3,260% increase in value since last sale

Current estimated payment $971 / mo

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

3,049 Sq Ft Lot

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
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,000
Avg. Annual Appreciation
43.03%

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
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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
2025 $896 $2,780 $2,344 $436
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

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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