NOT LISTED FOR SALE

8222 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $198,000 - $218,807

4 Beds
2 Baths
1,000 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $175,000 $175 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,276/month

173 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Senior Freeze Tax Exemptions
  • 2 Car Detached Garage
  • Central Air

About This Home

As of March 2023

Welcome home! Don't pass up on the opportunity to live in this well-kept, tree-lined neighborhood in Chatham. Lovingly maintained property with a large, welcoming backyard! Must-see spacious 4bd / 2bth multilevel single-family home with front porch and a detached two-car garage. The property features original hardwood flooring, a bedroom with a full ensuite bathroom, two bonus rooms in the basement perfect for more storage, office or recreational space, and a separate laundry area. The floor plan has a spacious, welcoming living room flooded with natural lighting and a large kitchen. The seller is offering credit for NEW APPLIANCES. Take advantage of the opportunity and make your offer. The home is ready for the new buyers to add their personal touch & make it their own. Property as-is. Don't miss out!

Last Agent to Sell the Property

John Warren

Forte Properties, Inc. License #471020680 Listed on: 08/24/2022

Co-Listed By

Veronica Gutierrez

Forte Properties, Inc. License #475186154

Last Buyer's Agent

Elena Maria Aristide

Baird & Warner License #475170594

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 40x100

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Multi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Multi-Level
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1000
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1000
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 189900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Year: 2020
  • Tax Exemptions: Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Mar 17, 2023
Sold by
Holmes Dennis and Holmes Sherry Neal
Bought by
Hannah Alicia
Seller's Agent
John Warren
Forte Properties, Inc.
Buyer's Agent
Elena Maria Aristide
Baird & Warner
List Price
$220,000
Sold Price
$175,000
Premium/Discount to List
-$45,000
-20.45%
Views
31
Current Estimated Value
$208,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,702
Avg. Annual Appreciation
6.39%
Original Mortgage
$155,200
Outstanding Balance
$151,624
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$51,677

Purchase Details

Closed on
Feb 26, 2008
Sold by
Holmes Tressie and Holmes Dennis B
Bought by
Holmes Tressie and Holmes Dennis

Purchase Details

Closed on
Sep 1, 2005
Sold by
Holmas Tressie
Bought by
Holmes Dennis B and Holmes Tressie
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
Hannah Alicia $175,000 None Listed On Document
Holmes Tressie -- First American Title Ins Co
Holmes Dennis B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannah Alicia $155,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $175,000 -7.8% $175 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
10/12/2022 10/12/22 Price Changed $189,900 -5.1% $190 / Sq Ft
09/23/2022 09/23/22 Price Changed $200,000 -7.2% $200 / Sq Ft
09/10/2022 09/10/22 Price Changed $215,500 -2.0% $216 / Sq Ft
08/24/2022 08/24/22 For Sale $220,000 -- $220 / 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 $1,695 $17,900 $3,019 $14,881
2023 $1,613 $14,000 $4,025 $9,975
2022 $1,613 $14,000 $4,025 $9,975
2021 $2,710 $14,000 $4,025 $9,975
2020 $2,710 $12,484 $3,220 $9,264
2019 $0 $13,719 $3,220 $10,499
2018 $2,710 $13,719 $3,220 $10,499
2017 $2,054 $15,617 $2,817 $12,800
2016 $2,271 $15,617 $2,817 $12,800
2015 $2,862 $15,617 $2,817 $12,800
2014 $225 $13,246 $2,415 $10,831
2013 $226 $13,246 $2,415 $10,831
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11612633

Midwest Real Estate Data (MRED)

APN: 20-34-119-033-0000