NOT LISTED FOR SALE

8037 S Champlain Ave Chicago, IL 60619

Chatham Neighborhood
9 Beds
3 Baths
3,528 Sq Ft
1920 Built

Last Sold June 22, 2018

Last sale price $314,000 $89 Per Sq Ft

257 Days on Market

Highlights

  • Fenced Yard
  • Heating System Uses Steam
  • Senior Tax Exemptions
  • 3 Car Detached Garage

About This Home

As of June 2018

A jewel in Chatham. A brick three flat recently rehabbed with a basement apartment. Roof, electrical system, pipes, boiler, back porch, windows, hardwood floors and water heater all recently replaced (2014-15). Great opportunity to live rent free or maximize your return on investment. Features include a brick three car garage, underground sprinkler system,intercom, updated kitchens and bath rooms.

Last Agent to Sell the Property

Kevin Russell

Coldwell Banker Realty License #475160787 Listed on: 05/25/2017

Coldwell Banker Realty

Last Buyer's Agent

Walter Rice

WTR Family Realty, LLC License #471019798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $851

Year Built

  • Built in 1920 | Remodeled in 2015

Lot Details

  • Lot Dimensions are 30 x 124
  • Fenced Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $38,703
  • Net Operating Income $27,131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$851

Year Built

Built in 1920 | Remodeled in 2015

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 11572

Lot Info

  • Lot Dimensions: 30 X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 27131
  • GrossIncome: 38703
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 851
  • Tax Year: 2015
  • Tax Exemptions: Senior
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $314,000 -3.4% $89 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $325,000 +3.5% $92 / Sq Ft
07/16/2017 07/16/17 Off Market $314,000 -- --
05/25/2017 05/25/17 For Sale $325,000 -- $92 / 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
2025 $4,428 $23,000 $2,790 $20,210
2024 $4,428 $23,000 $2,790 $20,210
2023 $4,731 $20,985 $4,650 $16,335
2022 $4,731 $23,000 $4,650 $18,350
2021 $4,625 $23,000 $4,650 $18,350
2020 $3,485 $15,642 $3,348 $12,294
2019 $3,571 $17,775 $3,348 $14,427
2018 $3,511 $17,775 $3,348 $14,427
2017 $1,001 $4,649 $2,976 $1,673
2016 $931 $4,649 $2,976 $1,673
2015 $852 $4,649 $2,976 $1,673
2014 $2,663 $14,352 $2,604 $11,748
2013 $2,905 $15,975 $2,604 $13,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09638160

Midwest Real Estate Data (MRED)

APN: 20342130100000