NOT LISTED FOR SALE

8129 S Phillips Ave Unit 1N Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $72,000 - $264,000

2 Beds
2 Baths
1,584 Sq Ft
$450/mo HOA Fee

Last Sold March 02, 2020

Last sale price $35,000 $22 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,186/month

70 Days on Market

Highlights

  • Home Office
  • Dining Room
  • Dogs and Cats Allowed
  • Living Room
  • Heating System Uses Steam
  • 2-minute walk to Eckersall (Walter Herbert) Park

About This Home

As of March 2020

Great Opportunity to own your own condo unit. Better than renting this is a traditional 3 story Brick building. Very spacious condo unit with 6 rooms, 2 bedrooms and 2 bathrooms. 1 car parking space included. Seller Will Not Turn Utilities On. Offers Must Have Proof of Funds or Pre approval Attached. Cash Offers Must have 10% Earnest Money. Property Subject to 3 Days First Look Period. A Must Buy!!!

Last Agent to Sell the Property

Gaspar Flores

Su Familia Real Estate Inc License #471004257 Listed on: 11/22/2019

Last Buyer's Agent

James Dixon

Dixon Realty License #471005842

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1934

Lot Details

  • 8,756

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Home Office

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, lawn care, snow removal
  • 6 Units
  • Jeff Association, Phone Number (312) 919-3777
  • Property managed by 33 Phillips Condo Association

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1934

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1934
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1584
  • Room Type: Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 36500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: 33 Phillips Condo Association
  • Management Contact Name: Jeff
  • Management Phone: 312-919-3777
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 1971.4
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Feb 10, 2020
Sold by
Bank Of America Na
Bought by
Steele Adriana and Jones Steele Doris
Seller's Agent
Gaspar Flores
Su Familia Real Estate Inc
Buyer's Agent
James Dixon
Dixon Realty
List Price
$36,500
Sold Price
$35,000
Premium/Discount to List
-$1,500
-4.11%
Current Estimated Value
$130,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,848
Avg. Annual Appreciation
26.34%

Purchase Details

Closed on
Oct 10, 2019
Sold by
Woods Ella L
Bought by
Bank Of America N A

Purchase Details

Closed on
Oct 31, 1994
Sold by
Arnold Mary
Bought by
Woods Ella L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
9.06%

Purchase Details

Closed on
Feb 15, 1994
Sold by
Cosmopolitan Bank & Trust
Bought by
Arnold Mary
Source: Public Records

Range of Values:

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Average Value
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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
Steele Adriana $35,000 Attorneys Ttl Guaranty Fund
Bank Of America N A -- Attorney
Woods Ella L $43,000 Attorneys Natl Title Network
Arnold Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woods Ella L $38,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $35,000 -4.1% $22 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $36,500 -- $23 / 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 $527 $6,006 $1,116 $4,890
2023 $514 $2,500 $1,250 $1,250
2022 $514 $2,500 $1,250 $1,250
2021 $502 $2,498 $1,249 $1,249
2020 $1,996 $8,959 $1,487 $7,472
2019 $2,005 $9,980 $1,487 $8,493
2018 $1,971 $9,980 $1,487 $8,493
2017 $1,955 $9,082 $1,338 $7,744
2016 $0 $9,082 $1,338 $7,744
2015 $0 $9,082 $1,338 $7,744
2014 -- $7,595 $1,004 $6,591
2013 -- $7,595 $1,004 $6,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10579317

Midwest Real Estate Data (MRED)

APN: 21-31-117-041-1001