8117 S Commercial Ave Chicago, IL 60617
South Chicago Neighborhood
4
Beds
2
Baths
1,322
Sq Ft
3,790
Sq Ft Lot
About This Home
As of March 2025Nestled in South Chicago with convenient access to Lakeshore, this two-unit brick building presents a fantastic opportunity for owner occupancy with the possibility of generating extra income through leasing or Airbnb. Each unit boasts 2 bedrooms, 1 bath, and stylish neutral decor, enhanced by hardwood flooring throughout. Additionally, each unit has its own gas heating and hot water tank, ensuring efficiency. The spacious backyard is perfect for relaxation and entertainment. Complete with a 2 car garage. Whether you're looking to move in right away or explore rental opportunities, don't miss out on this incredible chance!
Last Agent to Sell the Property
North Clybourn Group, Inc. License #471003309 Listed on: 01/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,160
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2025
Closed on
Mar 21, 2025
Sold by
Eagle Sfr I Llc
Bought by
Rockett Tyrone
Seller's Agent
Karen Biazar
North Clybourn Group, Inc.
Buyer's Agent
Toni Dortch
Realty of America, LLC
List Price
$250,000
Sold Price
$257,500
Premium/Discount to List
$7,500
3%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,884
Avg. Annual Appreciation
-3.64%
Original Mortgage
$252,828
Outstanding Balance
$251,837
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$1,779
Purchase Details
Closed on
Mar 12, 2021
Sold by
Ohs Properties Lp
Bought by
Eagle Sfr I Llc
Purchase Details
Closed on
Feb 11, 2019
Sold by
Mallett Darrell J
Bought by
Ohs Properties Lp
Purchase Details
Closed on
Jan 24, 2003
Sold by
Mallett Darrell
Bought by
Mallett Darrell and Mallett Tunya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,988
Interest Rate
6.01%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 13, 2001
Sold by
Jimenez Alicia P
Bought by
Mallett Darrell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,050
Interest Rate
7.07%
Mortgage Type
FHA
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $257,500 | First American Title | |
| Special Warranty Deed | -- | Os National Llc | |
| Sheriffs Deed | $25,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $123,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $252,828 | FHA | |
| Previous Owner | $165,500 | Unknown | |
| Previous Owner | $157,500 | Negative Amortization | |
| Previous Owner | $120,988 | FHA | |
| Previous Owner | $121,050 | FHA | |
| Previous Owner | $76,085 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | For Sale | $250,000 | -2.9% | $189 / Sq Ft |
| 03/28/2025 03/28/25 | Sold | $257,500 | -- | $195 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,160 | $10,101 | $2,837 | $7,264 |
| 2023 | $1,131 | $5,500 | $3,782 | $1,718 |
| 2022 | $1,131 | $5,500 | $3,782 | $1,718 |
| 2021 | $1,106 | $5,500 | $3,782 | $1,718 |
| 2020 | $2,275 | $10,214 | $3,782 | $6,432 |
| 2019 | $1,591 | $11,349 | $3,782 | $7,567 |
| 2018 | $1,563 | $11,349 | $3,782 | $7,567 |
| 2017 | $2,031 | $12,808 | $3,403 | $9,405 |
| 2016 | $2,065 | $12,808 | $3,403 | $9,405 |
| 2015 | $1,866 | $12,808 | $3,403 | $9,405 |
| 2014 | $1,538 | $10,856 | $2,647 | $8,209 |
| 2013 | $1,496 | $10,856 | $2,647 | $8,209 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Biazar
Seller's Agent in 2025
Karen Biazar
North Clybourn Group, Inc.
(773) 645-7900
4 in this area
859 Total Sales
-
Staci Slattery
Seller Co-Listing Agent in 2025
Staci Slattery
North Clybourn Group, Inc.
(773) 645-7907
2 in this area
494 Total Sales
-
Toni Dortch
Buyer's Agent in 2025
Toni Dortch
Realty of America, LLC
(708) 692-3492
1 in this area
26 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12329918
APN: 21-31-221-037-0000
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 8047 S Houston Ave
- 8035 S Houston Ave
- 8125 S Exchange Ave
- 3011 E 80th St
- 3019 E 80th St
- 8112 S Exchange Ave
- 8001 S Exchange Ave
- 2948 E 82nd St
- 8127 S Coles Ave
- 8205 S Houston Ave
- 8105 S Muskegon Ave
- 8227 S Commercial Ave
- 8135 S Muskegon Ave
- 3038-3040 E 79th Place
- 7935 S Coles Ave
- 8239 S Commercial Ave
- 7959 S Muskegon Ave
- 7934 S Escanaba Ave
- 7951 S Muskegon Ave
- 7918 S Escanaba Ave