NOT LISTED FOR SALE

801 E 87th Place Unit 8012A Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $61,000 - $72,329

2 Beds
1 Bath
921 Sq Ft
$308/mo HOA Fee

Last Sold March 29, 2024

Last sale price $62,000 $67 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $710/month

56 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Heating Available
  • 3-minute walk to Lorraine L. Dixon Park
  • Dogs and Cats Allowed

About This Home

As of March 2024

We can't wait for you to see the investors special in the Chatham area, two bed one bath with a nice size living room and eat In kitchen, unit was updated in 2019, and is awaiting your finishing touches, unit is currently being leased on a month to month lease, close to trains and buses... 20 mins from Chicago downtown and 10 mins from the new Obama library... schedule a tour today don't miss this great opportunity

Last Agent to Sell the Property

John Holmes

Realty of America, LLC License #475200797 Listed on: 11/06/2023

Realty of America, LLC

Last Buyer's Agent

Craig Lane

RE/MAX Premier License #475197015

RE/MAX Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $205

Year Built

  • Built in 1967 | Remodeled in 2019

Lot Details

  • 7,492

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 921 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Chicago Vocational Career Acad S High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, parking, exterior maintenance, lawn care, snow removal
  • 6 Units

Pet Policy

  • Pets up to 150 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$205

Year Built

Built in 1967 | Remodeled in 2019

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2019
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 921
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 65000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Off Street
  • ParkingTotal: 1
  • Driveway: Concrete
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 308
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Parking, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • High School: Chicago Vocational Career Acad S
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 921
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 205.3
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jan 30, 2024
Sold by
Essentially Esthers Corp
Bought by
Brown Margaret
Seller's Agent
John Holmes
Realty of America, LLC
Buyer's Agent
Craig Lane
RE/MAX Premier
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Views
256
Current Estimated Value
$66,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,832
Avg. Annual Appreciation
4.85%
Original Mortgage
$60,140
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2019
Sold by
Searcy John B
Bought by
Essentially Ester S Corp

Purchase Details

Closed on
Nov 16, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Searcy John B

Purchase Details

Closed on
Jun 8, 2009
Sold by
Vaughn
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
May 9, 2006
Sold by
Weathers Delorise and Burton Renee
Bought by
Vaughn Freddia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
10.7%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Brown Margaret $62,000 None Listed On Document
Essentially Ester S Corp $29,000 First American Title
Searcy John B $16,000 Servicelink
Hsbc Bank Usa National Association -- None Available
Vaughn Freddia $72,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Margaret $60,140
Previous Owner Vaughn Freddia $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $62,000 0.0% $67 / Sq Ft
02/09/2024 02/09/24 Off Market $62,000 -- --
01/02/2024 01/02/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $65,000 0.0% $71 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/12/2023 12/12/23 Price Changed $65,000 -9.1% $71 / Sq Ft
12/06/2023 12/06/23 Price Changed $71,500 -0.7% $78 / Sq Ft
12/01/2023 12/01/23 Price Changed $72,000 -0.7% $78 / Sq Ft
11/13/2023 11/13/23 Price Changed $72,500 -3.3% $79 / Sq Ft
11/06/2023 11/06/23 For Sale $75,000 -- $81 / 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 $392 $5,325 $675 $4,650
2023 $379 $1,500 $750 $750
2022 $379 $1,500 $750 $750
2021 $373 $1,499 $749 $750
2020 $2,040 $7,569 $720 $6,849
2019 $2,042 $8,417 $720 $7,697
2018 $2,015 $8,417 $720 $7,697
2017 $2,027 $7,913 $630 $7,283
2016 $1,894 $7,913 $630 $7,283
2015 $1,753 $7,913 $630 $7,283
2014 $1,490 $6,630 $540 $6,090
2013 $1,460 $6,630 $540 $6,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11924867

Midwest Real Estate Data (MRED)

APN: 25-02-103-045-1005