NOT LISTED FOR SALE

8118 S Exchange Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $131,000 - $285,000

3 Beds
2 Baths
1,066 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $120,000 $113 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,163/month

21 Days on Market

Highlights

  • Ranch Style House
  • 5-minute walk to 83Rd Street Station
  • Skylights
  • Wood Flooring
  • Detached Garage
  • Dry Bar

About This Home

As of June 2016

Lovely rehabbed ranch in South Shore; minutes from Rainbow Beach and Lake Shore Drive. Home boasts new kitchen, bathrooms and a finished basement (pool table stays!) 2.5 car garage, shed as well a secured back drive. Close to train and buses. Do not overlook this gem!

Last Agent to Sell the Property

Kristin Collins

Exit Strategy Realty / EMA Management License #475132570 Listed on: 03/11/2016

Last Buyer's Agent

Ullisses Alonzo

Zerillo Realty Inc. License #475166126

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • 1951

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Carport
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bathroom on Main Level
  • Dry Bar
  • Skylights
  • Wood Flooring

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Interior Property Features: Skylight(s), Bar-Dry, Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 12X16, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 12X17, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1066

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.0926

Garage/Parking

  • Parking: Garage, Space/s
  • Parking Details: Driveway
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Carport
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X125
  • Parcel Identification Number: 21312180520000

Tax Info

  • Taxes: 1546.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2017
Sold by
Jones Valvenia and Montgomery Kion
Bought by
Montgomery Kion
Current Estimated Value
$195,886

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jun 6, 2016
Sold by
Thomton J C and Thomton Gerline
Bought by
Montgomery Kion and Jones Calvenia C
Seller's Agent
Kristin Collins
Exit Strategy Realty / EMA Management
Buyer's Agent
Ullisses Alonzo
Zerillo Realty Inc.
List Price
$119,000
Sold Price
$120,000
Premium/Discount to List
$1,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$117,826
Outstanding Balance
$95,421
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$100,465
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montgomery Kion -- None Available
Montgomery Kion $120,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Kion $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2016 06/06/16 Sold $120,000 +0.8% $113 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $119,000 -- $112 / 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
2024 $1,621 $9,701 $3,026 $6,675
2023 $1,559 $11,000 $4,034 $6,966
2022 $1,559 $11,000 $4,034 $6,966
2021 $1,542 $11,000 $4,034 $6,966
2020 $1,419 $9,474 $4,034 $5,440
2019 $1,426 $10,527 $4,034 $6,493
2018 $1,401 $10,527 $4,034 $6,493
2017 $1,722 $11,373 $3,630 $7,743
2016 $2,278 $11,373 $3,630 $7,743
2015 $2,084 $11,373 $3,630 $7,743
2014 $1,546 $8,334 $2,823 $5,511
2013 $1,516 $8,334 $2,823 $5,511
Source: Public Records

Agents Affiliated with this Home

  • Kristin Collins

    Seller's Agent in 2016

    Kristin Collins

    Exit Strategy Realty / EMA Management

    (773) 206-7927

    7 Total Sales

    Kristin Collins
    Section Image

  • U

    Buyer's Agent in 2016

    Ullisses Alonzo

    Zerillo Realty Inc.

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09163486

Midwest Real Estate Data (MRED)

APN: 21-31-218-052-0000

Illinois Cook County Chicago 60617 South Chicago

8118 S Exchange Ave, Chicago, IL

This home is located at 8118 S Exchange Ave, Chicago, IL 60617 since 11 March 2016 and is currently estimated at $195,886, approximately $183 per square foot. This property was built in 1951. 8118 S Exchange Ave is a home located in Cook County with nearby schools including Ninos Heroes Elementary Academic Center, Great Lakes Academy, and Epic Academy High School.

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