NOT LISTED FOR SALE

8024 S Constance Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $123,000 - $247,000

3 Beds
2 Baths
2,000 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $85,000 $42 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,157/month

6 Days on Market

About This Home

As of September 2021

Great opportunity for developer to complete the project at this lender-owner SFH in the southwest corner of the South Shore neighborhood. The Subject property consists of a frame-built, single family home located in the South Shore neighborhood on Chicago's south side, located approximately 11 miles south of the downtown area. It consists of 3 bedrooms and 2 bathrooms and measures approximately 1,000 SF (above grade and 2,000 SF total). The home sits on a large lot, measuring 7,200 SF and contains a large, grassy rear yard. The home is currently in the middle of a gut rehab. The home's interior was fully demolished, Some electrical work was completed on the main level. The ceiling (and possibly the roof) has been rebuilt and 90% of the main level has been drywalled. The bathrooms have not yet been started (just demo'd).

Last Agent to Sell the Property

Edward Bluemel

Atlas Asset Management Realty LLC License #475159969 Listed on: 07/28/2021

Last Buyer's Agent

Kathleen Collins

Nest Equity Realty License #475186141

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1915 | 2020

Lot Details

  • 6,970

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Year Built | Renovated

1915 | 2020

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Directions: 79th Street to Constance South to Property
  • Lot Size: 40X180
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1915
  • Year Renovated: 2020

Interior Features

  • Has Basement: English
  • Estimated Total Finished Sq Ft: 2000
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Square Footage Comments: 2,000 SF, including lower level space.
  • Total Sq Ft: 2000
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding,Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1390.56
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 23, 2021
Sold by
Ftf Reo Llc
Bought by
8611 S Yates Llc
Seller's Agent
Edward Bluemel
Atlas Asset Management Realty LLC
Buyer's Agent
Kathleen Collins
Nest Equity Realty
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%
Current Estimated Value
$178,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,622
Avg. Annual Appreciation
18.43%
Original Mortgage
$140,250
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 11, 2021
Sold by
Wrecking Ball Industrustires Inc
Bought by
Ftf Reo Llc
Seller's Agent
Edward Bluemel
Atlas Asset Management Realty LLC
Buyer's Agent
Kathleen Collins
Nest Equity Realty
List Price
$84,900
Sold Price
$85,000
Premium/Discount to List
$100
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 2021
Sold by
Howard Angela and Shuta Mike
Bought by
Ftf Lending Llc

Purchase Details

Closed on
Jul 23, 2018
Sold by
U S Bank National Association
Bought by
Wrecking Ball Industries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2018
Sold by
Temple Linda A
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 19, 2002
Sold by
Shuford Patricia A and Shuford Donell
Bought by
Temple Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,863
Interest Rate
6.3%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
8611 S Yates Llc $85,000 Old Republic Title
Ftf Reo Llc -- Old Republic Title
Ftf Lending Llc $57,124 Attorney
Wrecking Ball Industries Inc $42,500 Fidelity National Title
U S Bank National Association -- None Available
Temple Linda A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 8611 S Yates Llc $140,250
Previous Owner Wrecking Ball Industries Inc $105,000
Previous Owner Temple Linda A $88,863
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $85,000 +0.1% $43 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $84,900 -- $42 / 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 $2,743 $14,000 $6,994 $7,006
2024 $2,743 $14,000 $6,994 $7,006
2023 $2,674 $13,848 $9,050 $4,798
2022 $2,674 $13,848 $9,050 $4,798
2021 $2,614 $13,000 $9,050 $3,950
2020 $2,523 $11,325 $6,516 $4,809
2019 $2,528 $12,584 $6,516 $6,068
2018 $1,807 $12,584 $6,516 $6,068
2017 $2,671 $15,784 $5,792 $9,992
2016 $2,661 $15,784 $5,792 $9,992
2015 $2,412 $15,784 $5,792 $9,992
2014 $1,964 $13,152 $5,068 $8,084
2013 $1,914 $13,152 $5,068 $8,084
Source: Public Records

Agents Affiliated with this Home

  • Edward Bluemel

    Seller's Agent in 2021

    Edward Bluemel

    Atlas Asset Management Realty LLC

    (630) 709-3581

    1 in this area

    15 Total Sales

    Edward Bluemel
    Section Image
  • Kathleen Collins

    Buyer's Agent in 2021

    Kathleen Collins

    Nest Equity Realty

    (708) 370-7740

    1 in this area

    74 Total Sales

    Kathleen Collins
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11171595

Midwest Real Estate Data (MRED)

APN: 20-36-107-019-0000

Illinois Cook County Chicago 60617 South Chicago

8024 S Constance Ave, Chicago, IL

Not Listed for Sale

Detached

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