NOT LISTED FOR SALE

8028 S Phillips Ave Chicago, IL 60617

South Chicago Neighborhood

8 Beds

7 Baths

-- Sq Ft

1928 Built

Date Sold: March 16, 2022

Last sale price $371,000

12 Days on Market

Highlights

3 Car Detached Garage
Paved or Partially Paved Lot
3-minute walk to Eckersall (Walter Herbert) Park
Forced Air Heating System

About This Home

As of March 2022

AMAZING INVESTMENT OPPORTUNITY IN THIS WELL MAINTAINED, BRICK 4-FLAT W/ 3 CAR GARAGE & STORAGE AREA IN BASEMENT. READY FOR RENTAL! BUILDING FEATURES 8 BEDROOMS, 4 BATHS & 3 HALF BATHS - BASEMENT UNIT: 1 BDRM, 1 BATH UNIT W/ FULL KITCHEN & BATH. HUGE 1ST FLR UNIT (OCCUPIED): 2 BDRM, 1.1 BATH UNIT W/ LIVING ROOM & DINING ROOM. HUGE 2ND FLR UNIT: 3 BEDRM (TANDEM), 1.1 BATH UNIT W/ LIVING ROOM & DINING ROOM. HUGE 3RD FLR UNIT: 2 BDRM, 1.1 BATH UNIT W/ DINING ROOM & LIVING ROOM. NEWLY REFINISHED HARDWOOD FLOORS THROUGHOUT. NEW GARAGE ROOF TO BE INSTALLED. PROPERTY IS IN GOOD CONDITION W/ MANY UPDATES. BOILER SYSTEM SERVICED BY LICENSED HVAC CONTRACTOR. AS SUCH, PROPERTY IS TO BE CONVEYED IN "AS-IS" CONDITION. 1ST FLR UNIT LONG TERM SECTION 8 TENANT. WELL MAINTAINED UNITS WILL COMMAND TOP RENTS FOR THE AREA TO SAVVY INVESTORS OR LIVE IN ONE UNIT & RENT THE OTHERS.

Last Agent to Sell the Property

Rachel Frenzel

HomeSmart Realty Group License #475178663 Listed on: 01/21/2022

Co-Listed By

James Kolar

HomeSmart Realty Group License #471004472

Last Buyer's Agent

Eric Garza

Coldwell Banker Realty License #475197269

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Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,251

Year Built

Built in 1928

Parking

3 Car Detached Garage
Parking Included in Price

Home Design

Brick Exterior Construction

Bedrooms and Bathrooms

8 Bedrooms
8 Potential Bedrooms
7 Bathrooms

Finished Basement

Basement Fills Entire Space Under The House
Exterior Basement Entry
Basement Storage

Lot Details

Lot Dimensions are 35 x 125
Paved or Partially Paved Lot

Utilities

Forced Air Heating System
Heating System Uses Natural Gas
Lake Michigan Water

Community Details

4 Units

Listing and Financial Details

Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,251

Year Built

Built in 1928

Parking

Listing Details

Property Type: Residential Income
Property Type: Two to Four Units
Ownership: Fee Simple
New Construction: No
Year Built: 1928
Age: 91-100 Years
Built Before 1978 (Y/N): Yes
General Information: Commuter Bus,Commuter Train
Rebuilt (Y/N): No
Rehab (Y/N): No
Actual Status: Closed
ResoPropertyType: ResidentialIncome
MRD_AP1: Stove,Refrigerator
MRD_AP2: Stove,Refrigerator
MRD_AP3: Stove,Refrigerator,Dishwasher
MRD_AP4: Stove,Refrigerator,Microwave
Special Features: None
Property Sub Type: MultiFamily

Interior Features

Basement: Full
Total Bathrooms: 7
Total Bedrooms: 8
Basement Description: Finished,Exterior Access,Storage Space
Below Grade Bedrooms: 0

Exterior Features

Waterfront: No
Exterior Building Type: Brick

Garage/Parking

Garage Spaces: 3
Number of Cars: 3
Garage On-Site: Yes
Garage Ownership: Owned
Garage Type: Detached
Parking: Garage

Utilities

Sewer: Public Sewer
Heating: Natural Gas, Forced Air
Water Source: Lake Michigan

Condo/Co-op/Association

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

Additional Parcels: No
Lot Dimensions: 35 X 125
Lot Size: Less Than .25 Acre
Special Assessments: N

Rental Info

Board Number: 10
Is Parking Included in Price: Yes

Tax Info

Tax Annual Amount: 3251.28
Tax Year: 2020
Tax Exemptions: Homeowner

Multi Family

Units in Building: 4
Three Bedroom Number of Units: Yes
Type-Multi: 4 Flat

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.

Mar 2022 - Present 4 Years and 6 Months

Private Individual

Purchase Details

Listed on

Jan 21, 2022

Closed on

Mar 14, 2022

Sold by

S & J Kolar Llc

Bought by

Seller's Agent

Rachel Frenzel

HomeSmart Realty Group

Buyer's Agent

Eric Garza

Coldwell Banker Realty

Sold Price

$371,000

Original Mortgage

$364,280

Outstanding Balance

$334,788

Interest Rate

3.92%

May 2021 - Mar 2022 S & J Kolar Llc 10 Months

Company

Purchase Details

Closed on

May 25, 2021

Sold by

Wilder Sandra D and Wells Fargo Bank Na

Bought by

S & J Kolar Llc

Jun 1996 - May 2021 Wilder Sandra D 24 Years and 11 Months

Private Individual

Purchase Details

Closed on

Jun 26, 1996

Sold by

Davis Suzanne J

Bought by

Wilder Sandra D

Nov 1995 - Jun 1996 Davis Suzanne J 7 Months

Private Individual

Purchase Details

Closed on

Nov 25, 1995

Sold by

Davis David Lee

Bought by

Davis Suzanne J

Source: Public Records

Agents Specializing in South Chicago, IL

Jennifer Upshaw

L. Upshaw Realty

(224) 287-9910

52 Total Sales

1 in South Chicago

$195,000 Price

Jennifer Upshaw
Lonzetta McKennie

@properties Christie's International Real Estate

(331) 241-6916

32 Total Sales

1 in South Chicago

$60,000 Price

Lonzetta McKennie
Helen Paredes

@properties Christies International Real Estate

(877) 801-0624

48 Total Sales

1 in South Chicago

$120,000 Price

Helen Paredes
Rafay Qamar

Real Broker LLC

(833) 359-9113

1,072 Total Sales

4 in South Chicago

$45K - $270K Price Range

Rafay Qamar
Vikky Kaufman

Coldwell Banker Realty

(866) 693-4166

42 Total Sales

1 in South Chicago

$305,000 Price

Vikky Kaufman
Autoria Morrow

A Morrow Properties

(855) 724-1809

44 Total Sales

2 in South Chicago

$256K - $404K Price Range

Autoria Morrow

See All Agents

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.

Buyer	Sale Price	Title Company
	$371,000	--
S & J Kolar Llc	$118,500	Attorney
Wilder Sandra D	$163,500	Attorneys Natl Title Network
Davis Suzanne J	--	--

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		$364,280

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
03/16/2022 03/16/22	Sold	$371,000	+6.0%	--
02/02/2022 02/02/22	Pending	--	--	--
02/02/2022 02/02/22	For Sale	--	--	--
01/24/2022 01/24/22	Pending	--	--	--
01/21/2022 01/21/22	For Sale	$349,900	--	--

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	$824	$84,728	$26,070	$58,658
2024	$824	$83,067	$25,559	$57,508
2023	$822	$81,439	$25,058	$56,381
2022	$795	$79,843	$24,567	$55,276
2021	$784	$78,277	$24,085	$54,192
2020	$775	$77,474	$23,838	$53,636
2019	$760	$75,955	$23,371	$52,584
2018	$744	$74,466	$22,913	$51,553
2017	$725	$73,006	$22,464	$50,542
2016	$694	$71,575	$22,024	$49,551
2015	$665	$70,500	$21,693	$48,807
2014	$665	$69,119	$21,268	$47,851

Source: Public Records

Agents Affiliated with this Home

RF

Seller's Agent in 2022

Rachel Frenzel

HomeSmart Realty Group

(312) 804-2905

1 in this area

69 Total Sales

Rachel Frenzel
JK

Seller Co-Listing Agent in 2022

James Kolar

HomeSmart Realty Group

(773) 988-9308

1 in this area

69 Total Sales

James Kolar
Buyer's Agent in 2022

Eric Garza

Coldwell Banker Realty

(708) 524-1100

4 in this area

32 Total Sales

Eric Garza

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11308998

Illinois Cook County Chicago 60617 South Chicago

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.

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

Nearby Homes

8028 S Phillips Ave Chicago, IL 60617

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

Parking

Home Design

Bedrooms and Bathrooms

Finished Basement

Lot Details

Utilities

Community Details

Listing and Financial Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Lot Info

Rental Info

Tax Info

Multi Family

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Home Values in the Area

Average Home Value in this Area

Agents Specializing in South Chicago, IL

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map