NOT LISTED FOR SALE

Estimated Value: $114,000 - $125,000

4 Beds
1.5 Baths
1,248 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $75,000 $60 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $890/month

59 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Dining Room
  • Living Room
  • Bungalow
  • 2-minute walk to Foster (J. Frank) Park

About This Home

As of October 2023

ATTENTION INVESTORS AND REHABBERS! INCREDIBLE POTENTIAL IN THIS OCTAGON BRICK BUNGALOW LOCATED AT 8358 S. ADA ST, CHICAGO! PROPERTY FEATURES 5 BEDROOMS, 2 BATHS, AND A SPACIOUS 1248 SQUARE FEET. THE HOUSE COMES WITH AN UNFINISHED BASEMENT AND ATTIC, PROVIDING AMPLE ROOM FOR EXPANSION. NO GARAGE AVAILABLE. THIS PROPERTY IS IN NEED OF A GUT REHAB, OFFERING AN OPPORTUNITY FOR THE SAVVY INVESTOR OR HANDY BUYER TO CREATE THEIR DREAM HOME. DON'T MISS OUT ON THIS DIAMOND IN THE ROUGH! CASH OR REHAB LOAN ONLY.

Last Agent to Sell the Property

Randall Glenn

Grandview Realty, LLC License #475151589 Listed on: 06/16/2023

Grandview Realty, LLC

Last Buyer's Agent

Hayra Caudillo

GMC Realty LTD License #475187858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 1926

Lot Details

  • 4,051 Sq Ft Lot

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms

Unfinished Basement

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

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1248
  • Other Equipment: CO Detectors
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.093
  • Lot Dimensions: 4050
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 859.56
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 28, 2023
Sold by
Modeliste-Collins Loretta and Modeliste Marva
Bought by
Urpm Llc
Seller's Agent
Randall Glenn
Grandview Realty, LLC
Buyer's Agent
Hayra Caudillo
GMC Realty LTD
List Price
$114,900
Sold Price
$75,000
Premium/Discount to List
-$39,900
-34.73%
Views
133
Current Estimated Value
$117,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,260
Avg. Annual Appreciation
21.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Urpm Llc $75,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $75,000 -16.6% $60 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/08/2023 08/08/23 Price Changed $89,900 -10.0% $72 / Sq Ft
07/19/2023 07/19/23 Price Changed $99,900 -9.1% $80 / Sq Ft
06/30/2023 06/30/23 Price Changed $109,900 -4.4% $88 / Sq Ft
06/16/2023 06/16/23 For Sale $114,900 -- $92 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,376 $13,000 $2,025 $10,975
2024 $3,376 $13,000 $2,025 $10,975
2023 $3,291 $16,001 $2,633 $13,368
2022 $3,291 $16,001 $2,633 $13,368
2021 $860 $15,999 $2,632 $13,367
2020 $2,319 $10,409 $2,632 $7,777
2019 $2,298 $11,439 $2,632 $8,807
2018 $2,260 $11,439 $2,632 $8,807
2017 $915 $11,000 $2,430 $8,570
2016 $1,703 $11,000 $2,430 $8,570
2015 $1,535 $11,000 $2,430 $8,570
2014 $1,517 $10,746 $2,227 $8,519
2013 $1,476 $10,746 $2,227 $8,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11810103

Midwest Real Estate Data (MRED)

APN: 20-32-303-040-0000