NOT LISTED FOR SALE

8029 S Champlain Ave Chicago, IL 60619

Chatham Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: April 16, 2020

Last sale price $265,000

19 Days on Market

Highlights

  • Gated Community
  • Traditional Architecture
  • Fenced Yard
  • Property is near park
  • Sitting Room
  • 3 Car Detached Garage

About This Home

As of April 2020

Be your own landlord and live rent free. Why pay rent, collect it! Invest in this brick 2-flat with related living located in the heart of Chatham. Unit features include living room, separate dining room, 2 bedrooms plus office on each floor with a 3 car garage. Additional amenities include wrought iron secured fencing, gleaming hardwood floor throughout, decorative fireplaces with built-in shelves, updated kitchen and baths, newer windows, convenient laundry facility and new back porch. Conveniently located near stores, public transportation and minutes from downtown. Ideal opportunity coupled with reasonable price & exceptional quality equals real estate.

Last Agent to Sell the Property

Sybil Martin

Coldwell Banker Realty License #471008659 Listed on: 01/29/2020

Coldwell Banker Realty

Co-Listed By

Paulette Edwards

Coldwell Banker Realty License #471011238

Coldwell Banker Realty

Last Buyer's Agent

Paulette Edwards

Coldwell Banker Realty License #471011238

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1925 | Remodeled in 2018

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x124
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • American Four Square Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Sitting Room
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near park

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Fuel Expense $2,083
  • Insurance Expense $1,158
  • Water Sewer Expense $754
  • Gross Income $33,528
  • Net Operating Income $26,434

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,100

Year Built

Built in 1925 | Remodeled in 2018

Lot Details

3,485 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq., Traditional
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Intercom, Ceiling Fan(s), Sprinkler-Lawn
  • Room Type: Enclosed Porch, Sitting Room
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Fireplace-Artificial,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Fireplace-Artificial,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 754

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X124
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 26434
  • Fuel Expense: 2083
  • Insurance Expense: 1158
  • GrossIncome: 33528
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3099.51
  • Tax Year: 2018
  • Tax Exemptions: None

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.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 31, 2020
Sold by
Bought by
Seller's Agent
Sybil Martin
Coldwell Banker Realty
Buyer's Agent
Paulette Edwards
Coldwell Banker Realty
List Price
$255,000
Sold Price
$265,000
Premium/Discount to List
$10,000
3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,057
Interest Rate
0.0387%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,325
Interest Rate
0.0487%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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.

Date Buyer Sale Price Title Company
$265,000 Chicago Title
$163,500 Citywide Title Corporation
$115,000 First American
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
Closed $260,057
Closed $155,325
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 Prior Sale
04/16/2020 04/16/20 Sold $265,000 +3.9% --
02/17/2020 02/17/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $255,000 +56.0% --
06/22/2018 06/22/18 Sold $163,500 -3.8% -- View Prior Sale
05/18/2018 05/18/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $170,000 0.0% --
05/03/2018 05/03/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $170,000 0.0% --
04/13/2018 04/13/18 Pending -- -- --
03/29/2018 03/29/18 Price Changed $170,000 +6.3% --
03/24/2018 03/24/18 For Sale $160,000 0.0% --
12/18/2017 12/18/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $160,000 -- --
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 $4,853 $18,000 $2,790 $15,210
2024 $4,853 $18,000 $2,790 $15,210
2023 $4,731 $23,000 $4,650 $18,350
2022 $4,731 $23,000 $4,650 $18,350
2021 $4,625 $23,000 $4,650 $18,350
2020 $3,076 $13,808 $3,348 $10,460
2019 $3,153 $15,691 $3,348 $12,343
2018 $3,100 $15,691 $3,348 $12,343
2017 $3,913 $18,179 $2,976 $15,203
2016 $3,641 $18,179 $2,976 $15,203
2015 $3,331 $18,179 $2,976 $15,203
2014 $2,777 $14,966 $2,604 $12,362
2013 $2,722 $14,966 $2,604 $12,362
Source: Public Records

Agents Affiliated with this Home

  • Sybil Martin

    Seller's Agent in 2020

    Sybil Martin

    Coldwell Banker Realty

    (773) 491-7217

    7 in this area

    162 Total Sales

    Sybil Martin
    Section Image
  • Paulette Edwards

    Seller Co-Listing Agent in 2020

    Paulette Edwards

    Coldwell Banker Realty

    (773) 837-0383

    7 in this area

    147 Total Sales

    Paulette Edwards
    Section Image
  • Carol Moore

    Seller's Agent in 2018

    Carol Moore

    Keller Williams Preferred Rlty

    (708) 339-1000

    2 in this area

    159 Total Sales

    Carol Moore
    Section Image
  • Sheila Barney-Shannon

    Buyer's Agent in 2018

    Sheila Barney-Shannon

    26.2 Realty, Inc

    (773) 491-8812

    2 in this area

    117 Total Sales

    Sheila Barney-Shannon
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10622427

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60619 Chatham

8029 S Champlain Ave, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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

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