NOT LISTED FOR SALE

7935 S 88th Ave Justice, IL 60458

Estimated Value: $262,829 - $371,000

0.23 Acre
$1,267,204 Price per Acre
10,019 Sq Ft Lot

Last Sold October 26, 2018

Last sale price $175,000 $200 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,088/month

4 Days on Market

About This Lot

As of October 2018

Great Commercial Lot with fantastic exposure! Already zoned B-1. A great opportunity to invest and build in a prime location on 88th/Cork Ave with I-294 project in the works which includes new I-294 southbound entrance and northbound exit ramps. This land is suitable for a variety of users. Imagine the potential. Please contact listing agent for more information.

Last Agent to Sell the Property

Renee Sutor

Coldwell Banker Real Estate Group License #475175780 Listed on: 08/06/2018

Co-Listed By

Bonnie Willis

Coldwell Banker Real Estate Group License #475157605

Last Buyer's Agent

Jim Pontrelli

James Pontrelli License #471006609

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,569

Lot Details

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$5,569

Lot Details

0

Listing Details

  • Property Type: Land
  • General Information: Interstate Access
  • Ownership: Fee Simple
  • Current Use: Residential-Single Family
  • Potential Use: Commercial
  • Utilities To Site: Electric to Site, Gas to Site
  • Zoning Type: COMMR
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.23
  • Frontage Access: City Street
  • Front Footage: 81

Schools

  • School District: 217
  • Junior High Dist: 109

Lot Info

  • Lot Dimensions: 10,125SQ FT
  • Parcel Identification Number: 18351000060000

Building Info

  • Buildings On Land: Yes

Tax Info

  • Taxes: 4227.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 6, 2018
Sold by
Cole David and Cole Kimberly
Bought by
Beahan William and Beahan Cynthia
Seller's Agent
Renee Sutor
Coldwell Banker Real Estate Group
Buyer's Agent
Jim Pontrelli
James Pontrelli
List Price
$197,500
Sold Price
$175,000
Premium/Discount to List
-$22,500
-11.39%
Current Estimated Value
$296,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,543
Avg. Annual Appreciation
7.84%
Original Mortgage
$140,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2009
Sold by
Federal National Mortgage Association
Bought by
Cole David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2008
Sold by
Pach Krzysztof
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2006
Sold by
Gasparas Michael J and Stimatz Barbara
Bought by
Pach Krzysztof

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 1998
Sold by
Bridgeview Bank & Trust
Bought by
Gasparas Michael J and Gasparas Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
10.89%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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

Date Buyer Sale Price Title Company
Beahan William $175,000 Chicago Title
Cole David $110,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- None Available
Pach Krzysztof $216,000 Atgf Inc
Gasparas Michael J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beahan William $140,000
Previous Owner Cole David $108,007
Previous Owner Pach Krzysztof $172,800
Previous Owner Stimatz Barbara J $47,000
Previous Owner Gasparas Michael J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $175,000 -11.4% $200 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $197,500 -- $225 / 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 $5,569 $18,000 $4,520 $13,480
2023 $5,128 $18,000 $4,520 $13,480
2022 $5,128 $14,262 $4,018 $10,244
2021 $4,878 $14,261 $4,017 $10,244
2020 $4,711 $14,261 $4,017 $10,244
2019 $5,231 $14,443 $3,766 $10,677
2018 $4,998 $14,443 $3,766 $10,677
2017 $4,955 $14,443 $3,766 $10,677
2016 $4,227 $12,647 $3,264 $9,383
2015 $4,136 $12,647 $3,264 $9,383
2014 $4,054 $12,647 $3,264 $9,383
2013 $3,890 $13,196 $3,264 $9,932
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Renee Sutor

    Coldwell Banker Real Estate Group

    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Bonnie Willis

    Coldwell Banker Real Estate Group

    Section Image

  • J

    Buyer's Agent in 2018

    Jim Pontrelli

    James Pontrelli

    (708) 227-0446

    6 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10043744

Midwest Real Estate Data (MRED)

APN: 18-35-100-006-0000

Illinois Cook County Justice 60458

7935 S 88th Ave, Justice, IL

This home is located at 7935 S 88th Ave, Justice, IL 60458 since 06 August 2018 and is currently estimated at $291,457, approximately $332 per square foot. 7935 S 88th Ave is a home located in Cook County with nearby schools including Frank A Brodnicki Elementary School, Argo Community High School, and St. Patricia School.

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