NOT LISTED FOR SALE

8040 S Eberhart Ave Chicago, IL 60619

Chatham Neighborhood
9 Beds
7 Baths
-- Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: August 21, 2020

Last sale price $330,000

67 Days on Market

Highlights

  • Fenced Yard
  • 3 Car Detached Garage
  • Paved or Partially Paved Lot

About This Home

As of August 2020

All 3 units in this beautiful property feature 3 bedrooms, 1.5 bathrooms, large living and dining room. located on a quiet block close to public transit and shopping. There is also a large 3 car garage and coin operated washer & dryer in large basement. Fully occupied so you can start collecting income immediately

Last Agent to Sell the Property

Derrick Strickland

Real People Realty License #475160172 Listed on: 04/05/2020

Real People Realty

Last Buyer's Agent

Michelle Browne

@properties Christie's International Real Estate License #475095287

@properties Christie's International Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,083

Year Built

  • Built in 1920 | Remodeled in 2015

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 7 Bathrooms

Unfinished Basement

  • Walk-Out Basement

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units
  • 3 Flat

Building Details

  • Gross Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,083

Year Built

Built in 1920 | Remodeled in 2015

Lot Details

3,485 Sq Ft Lot

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: Walkout
  • Total Bathrooms: 7
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 3720
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 43800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4082.57
  • 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
Apr 5, 2020
Closed on
Aug 6, 2020
Sold by
Bought by
Seller's Agent
Derrick Strickland
Real People Realty
Buyer's Agent
Michelle Browne
@properties Christie's International Real Estate
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,460
Outstanding Balance
$273,682
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jan 26, 2018
Sold by
Bought by
Seller's Agent
Cedrick Hunter
Hunter's Realty, Inc.
Buyer's Agent
Derrick Strickland
Real People Realty
List Price
$279,900
Sold Price
$273,000
Premium/Discount to List
-$6,900
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$268,055
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jun 17, 2016
Sold by
Bought by
Seller's Agent
Lynne Harris
Coldwell Banker Realty
Buyer's Agent
Arthur Allen III
Continental Estates LLC
List Price
$219,900
Sold Price
$219,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$215,916
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chatham, IL

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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
$330,000 Attorney
$273,000 Old Republic Title
$220,000 Chicago Title Land Trust Com
-- Chicago Title Land Trust Co
$155,000 --
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 $317,460
Previous Owner $268,055
Previous Owner $215,916
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
08/21/2020 08/21/20 Sold $330,000 0.0% --
06/11/2020 06/11/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $330,000 0.0% --
04/25/2020 04/25/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $330,000 +20.9% --
01/29/2018 01/29/18 Sold $273,000 -2.5% -- View Prior Sale
12/18/2017 12/18/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $279,900 0.0% --
11/10/2017 11/10/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $279,900 +27.3% --
07/25/2016 07/25/16 Sold $219,900 0.0% -- View Prior Sale
04/04/2016 04/04/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $219,900 -- --
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 $4,364 $30,000 $2,790 $27,210
2024 $4,364 $30,000 $2,790 $27,210
2023 $4,233 $24,000 $4,650 $19,350
2022 $4,233 $24,000 $4,650 $19,350
2021 $4,826 $24,000 $4,650 $19,350
2020 $4,149 $18,625 $3,348 $15,277
2019 $4,252 $21,165 $3,348 $17,817
2018 $4,181 $21,165 $3,348 $17,817
2017 $4,301 $19,979 $2,976 $17,003
2016 $4,002 $19,979 $2,976 $17,003
2015 $4,083 $22,279 $2,976 $19,303
2014 $3,735 $20,132 $2,604 $17,528
2013 $3,661 $20,132 $2,604 $17,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10684117

Midwest Real Estate Data (MRED)
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