Seller's Agent in 2025
Denise Raines
Keller Williams Preferred Rlty
(312) 944-8900
1 in this area
60 Total Sales
8318 S Bennett Ave Chicago, IL 60617
Calumet Heights NeighborhoodEstimated Value: $137,000 - $147,998
3
Beds
2
Baths
1,078
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- Georgian Architecture
- Laundry Room
- Dining Room
- Living Room
- Forced Air Heating System
- Family Room
About This Home
As of May 2025Charming Home with Incredible Potential - Rehab Opportunity! This spacious 3 bedroom, 2 bathroom home offers a fantastic opportunity for the right buyer with a vision. While the property is in need of rehab, its original charm and brick structure are solid, making it an ideal project for someone looking to put their personal touch on a home. The house features primary bedroom w/full bath on the 1st floor, with separate dining room, 2nd floor consists of 2 large bedrooms and full bath. The basement is partially finished as a family room w/dry bar. The furnace and hot water heater are 5 years old; 1st floor bath is approx. 6-7 years old; Roof is 11 years old; and the incoming water service has been changed to copper piping. The property does require electrical work, new windows and soffits but it is priced accordingly to allow for these necessary updates. There is a newer large 2-car garage and spacious back yard. Whether you're an investor or a homeowner looking for a project, this property offers tremendous value and an opportunity to create a beautiful, customized home. With a little TLC, this house can be transformed into a stunning residence that blends the best of both modern comfort and classic charm. Schedule a showing today and see the potential for yourself! This property will not be approved for an FHA loan, but may be elligible for an FHA 203K rehab loan.
Last Agent to Sell the Property
Keller Williams Preferred Rlty License #471018566 Listed on: 03/20/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1943
Lot Details
- 3,790
Parking
- 2 Car Garage
Home Design
- Georgian Architecture
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Georgian
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2025
Closed on
Apr 23, 2025
Sold by
Mitchell Denise
Bought by
Abubakar-Akobi Faridah O
Seller's Agent
Denise Raines
Keller Williams Preferred Rlty
Buyer's Agent
Ifelanwa Osundolire
Keller Williams Infinity
List Price
$150,050
Sold Price
$135,000
Premium/Discount to List
-$15,050
-10.03%
Views
60
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
$7,250
Avg. Annual Appreciation
8.25%
Original Mortgage
$10,000
Outstanding Balance
$3,058
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$139,192
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abubakar-Akobi Faridah O | $135,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abubakar-Akobi Faridah O | $10,000 | |
| Open | Abubakar-Akobi Faridah O | $128,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2025 05/05/25 | Sold | $135,000 | -10.0% | $125 / Sq Ft |
| 03/29/2025 03/29/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | For Sale | $150,050 | -- | $139 / 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 |
|---|---|---|---|---|
| 2025 | -- | $10,100 | $2,835 | $7,265 |
| 2024 | -- | $10,100 | $2,835 | $7,265 |
| 2023 | -- | $10,000 | $4,725 | $5,275 |
| 2022 | $0 | $10,000 | $4,725 | $5,275 |
| 2021 | $315 | $10,000 | $4,725 | $5,275 |
| 2020 | $315 | $10,517 | $3,402 | $7,115 |
| 2019 | $315 | $11,686 | $3,402 | $8,284 |
| 2018 | $0 | $11,686 | $3,402 | $8,284 |
| 2017 | $0 | $13,846 | $3,024 | $10,822 |
| 2016 | $315 | $13,846 | $3,024 | $10,822 |
| 2015 | $302 | $13,846 | $3,024 | $10,822 |
| 2014 | $300 | $13,012 | $2,646 | $10,366 |
| 2013 | $2,367 | $13,012 | $2,646 | $10,366 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Raines
-
LaDenna Washington
Seller Co-Listing Agent in 2025
LaDenna Washington
Keller Williams Preferred Rlty
(708) 365-8571
1 in this area
20 Total Sales
-
Ifelanwa Osundolire
Buyer's Agent in 2025
Ifelanwa Osundolire
Keller Williams Infinity
(630) 870-5595
4 in this area
23 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12317246
APN: 20-36-305-081-0000
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