Seller's Agent in 2020
Wayne Beals
Exit Strategy Realty / EMA Management
(312) 772-3257
2 in this area
139 Total Sales
6818 S Bennett Ave Chicago, IL 60649
Jackson Park Highlands NeighborhoodEstimated Value: $733,000 - $1,062,308
7
Beds
4
Baths
4,706
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Sun or Florida Room
- Walk-In Pantry
- Property is near park and bus stop
- Gallery
- Detached Garage
About This Home
As of March 2020Incredible opportunity to restore a breathtaking Jackson Park Highlands home. Expansive in every way, from it's 100 foot wide double lot, to the 4500+ square foot, three story, brick home. The home is located in the very center of the Jackson Park Highlands and is surrounded by large stately neighbors. The Jackson Park Historic District is located on Chicago's Lakefront, and is just minutes from Hyde Park and the University of Chicago & steps from Jackson Park Golf Course, Jackson Park Harbor, the Presidential Library site & 63rd Street Beach. The double lot gives the property a combined 100 feet of Frontage, allowing for a gracious amount of yard space, rarely seen in the city and very rare for the Highlands Community. The main level was designed for large gatherings with large parlors off a central entry hall. The second level features 4 large bedrooms, two baths and two sunrooms located off the front and rear bedrooms. The third level is an intimate family space with a central family room and two additional bedrooms. The home is in fair condition but has some deferred maintenance and will need significant restoration, repairs and remodeling. Lots of room to add value with comparable renovated homes selling for nearly $1M in the district. Loads of original hardwood details like oak beamed ceilings, large scale built-in cabinetry and millwork, all in great condition throughout the home as well as art glass in the entry hall and stairwell. Outbuilding in rear is the original garage structure and offers plenty of space for a workshop or hobbyist garage. Don't miss out on this opportunity to restore and live in a prestigious Manor home with plenty of land and equity.
Last Agent to Sell the Property
Exit Strategy Realty / EMA Management License #471018068 Listed on: 01/08/2020
Last Buyer's Agent
Exit Strategy Realty / EMA Management License #471018068 Listed on: 01/08/2020
Home Details
Home Type
- Single Family
Year Built
- 1906
Lot Details
- Southern Exposure
- East or West Exposure
Parking
- Detached Garage
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Built-In Features
- Entrance Foyer
- Library
- Sun or Florida Room
- Gallery
- Unfinished Basement
Kitchen
- Walk-In Pantry
- Butlers Pantry
Location
- Property is near park and bus stop
- The property is located in a historic district
Additional Features
- North or South Exposure
- Heating System Uses Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 28, 2022
Sold by
Walvoord Derek and Walvoord Cynthia D
Bought by
Foster Eric T
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Outstanding Balance
$592,574
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$302,253
Purchase Details
Listed on
Jan 8, 2020
Closed on
Mar 17, 2020
Sold by
Smallwood Jeffrey
Bought by
Walvoord Derek and Hillman Cynthia D
Seller's Agent
Wayne Beals
Exit Strategy Realty / EMA Management
Buyer's Agent
Wayne Beals
Exit Strategy Realty / EMA Management
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$332,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2007
Sold by
Smallwood Jeffrey
Bought by
Smallwood Jeffrey
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Foster Eric T | $770,000 | None Listed On Document | |
| Walvoord Derek | $350,000 | Heritage Title | |
| Smallwood Jeffrey | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Foster Eric T | $616,000 | |
| Previous Owner | Walvoord Derek | $332,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2020 03/17/20 | Sold | $425,000 | -10.5% | $90 / Sq Ft |
| 01/26/2020 01/26/20 | Pending | -- | -- | -- |
| 01/08/2020 01/08/20 | For Sale | $475,000 | -- | $101 / 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 |
|---|---|---|---|---|
| 2025 | $8,999 | $62,000 | $18,760 | $43,240 |
| 2024 | $8,999 | $62,000 | $18,760 | $43,240 |
| 2023 | $8,741 | $42,500 | $15,075 | $27,425 |
| 2022 | $8,741 | $42,500 | $15,075 | $27,425 |
| 2021 | $8,546 | $42,500 | $15,075 | $27,425 |
| 2020 | $7,797 | $35,000 | $9,045 | $25,955 |
| 2019 | $9,949 | $49,518 | $9,045 | $40,473 |
| 2018 | $9,781 | $49,518 | $9,045 | $40,473 |
| 2017 | $10,423 | $48,419 | $8,040 | $40,379 |
| 2016 | $9,698 | $48,419 | $8,040 | $40,379 |
| 2015 | $8,873 | $48,419 | $8,040 | $40,379 |
| 2014 | $9,283 | $50,030 | $6,700 | $43,330 |
| 2013 | $9,099 | $50,030 | $6,700 | $43,330 |
Source: Public Records
Agents Affiliated with this Home
-
Wayne Beals
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10606801
APN: 20-24-313-012-0000
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