NOT LISTED FOR SALE

643 E 87th Place Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $184,000 - $250,000

3 Beds
1.5 Baths
1,040 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2016

Last sale price $53,000 $51 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $1,309 / mo

87 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of June 2016

LOVELY BRICK RAISED RANCH, HAS THREE BEDROOMS, 1.5 BATHS AND A FULL BASEMENT AND MORE. IT IS LOCATED ON A BEAUTIFUL BLOCK. THE HOME NEEDS EXTENSIVE REHAB. THIS IS A REVERSE MORTGAGE FORECLOSURE. BUYER IS RESPONSIBLE FOR ANY AND ALL VILLAGE REQUIREMENTS, INSPECTIONS. PROPERTY IS BEING SOLD "AS IS". PROPERTY IS BEING SOLD SUBJECT TO 24 CFR 206.125 SELLER DOES NOT PROVIDE SURVEY OR TERMITE INSPECTION.

Last Agent to Sell the Property

Gary Weglarz

Applebrook Realty Inc License #471004755 Listed on: 02/28/2016

Last Buyer's Agent

Megan Oswald

Coldwell Banker Realty License #471010557

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 1961

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,040 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,163

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

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: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1040
  • Room Type: No additional rooms
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 3125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2163
  • Tax Year: 2014

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2017
Sold by
Bought by
Current Estimated Value
$216,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,393
Outstanding Balance
$142,149
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$74,490

Purchase Details

Listed on
Feb 28, 2016
Closed on
Jun 9, 2016
Sold by
Bought by
Seller's Agent
Gary Weglarz
Applebrook Realty Inc
Buyer's Agent
Megan Oswald
Coldwell Banker Realty
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Jul 17, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
3.75%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
$171,500 Chicago Title Insurance Comp
$53,000 Attorneys Title Guaranty Fun
-- Attorney
-- First American Els
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
Open $168,393
Previous Owner $277,500
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $53,000 0.0% $51 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $53,000 0.0% $51 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
04/25/2016 04/25/16 Price Changed $53,000 +17.8% $51 / Sq Ft
04/06/2016 04/06/16 For Sale $45,000 0.0% $43 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $45,000 0.0% $43 / Sq Ft
03/25/2016 03/25/16 Price Changed $45,000 -15.1% $43 / Sq Ft
03/23/2016 03/23/16 Off Market $53,000 -- --
02/28/2016 02/28/16 For Sale $51,500 -- $50 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax 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.

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 $1,617 $17,500 $2,344 $15,156
2024 $1,617 $17,500 $2,344 $15,156
2023 $2,230 $13,630 $3,906 $9,724
2022 $2,230 $17,000 $3,906 $13,094
2021 $2,213 $16,999 $3,906 $13,093
2020 $1,476 $12,211 $2,812 $9,399
2019 $1,486 $13,568 $2,812 $10,756
2018 $1,459 $13,568 $2,812 $10,756
2017 $2,831 $13,153 $2,500 $10,653
2016 $2,634 $13,153 $2,500 $10,653
2015 $2,410 $13,153 $2,500 $10,653
2014 $2,163 $11,656 $2,187 $9,469
2013 $2,120 $11,656 $2,187 $9,469
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Weglarz

    Applebrook Realty Inc

    (773) 779-8500

    6 in this area

    348 Total Sales

    Gary Weglarz
    Section Image
  • Megan Oswald

    Buyer's Agent in 2016

    Megan Oswald

    Coldwell Banker Realty

    (773) 870-0894

    45 Total Sales

    Megan Oswald
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09150713

Midwest Real Estate Data (MRED)

APN: 25-03-206-018-0000

Illinois Cook County Chicago 60619 Chatham

643 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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