NOT LISTED FOR SALE

Estimated Value: $387,000 - $397,907

3 Beds
1.5 Baths
1,360 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $329,000 $242 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,862/month

1 Day on Market

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • Oliver Mccracken Middle School Rated A-
  • Central Air
  • 3-minute walk to Harbert Payne Park

About This Home

As of April 2022

This home is located at 8416 Mccormick Blvd, Skokie, IL 60076 since 07 March 2022 and is currently estimated at $393,727, approximately $289 per square foot. This property was built in 1963. 8416 Mccormick Blvd is a home located in Cook County with nearby schools including Elizabeth Meyer School, John Middleton Elementary School, and Oliver Mccracken Middle School.

Last Agent to Sell the Property

Asim Chaudhry

Magnum Realty License #475193944 Listed on: 03/07/2022

Last Buyer's Agent

Jerald Kost

Jerald Kost License #471013813

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,677

Year Built

  • Built in 1963 | Remodeled in 2021

Lot Details

  • 3,180

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Oliver Mccracken Middle School
  • Niles North High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • 2 Units

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,677

Year Built

Built in 1963 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2021
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1360
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1360
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 329000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Niles North High School
  • Middle/Junior School: Oliver Mccracken Middle School
  • Middle/Junior School District: 73.5

Lot Info

  • Lot Dimensions: 3192
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 6677.26
  • Tax Year: 2020
  • Tax Exemptions: Senior

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 25, 2022
Sold by
Lakhani Johnny N and Lakhani Kalliope
Bought by
Basil Ortal
Seller's Agent
Asim Chaudhry
Magnum Realty
Buyer's Agent
Jerald Kost
Jerald Kost
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$393,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,727
Avg. Annual Appreciation
5.41%
Original Mortgage
$312,550
Outstanding Balance
$294,588
Interest Rate
4.42%
Estimated Equity
$99,139

Purchase Details

Listed on
Mar 7, 2022
Closed on
Apr 20, 2022
Sold by
Lakhani Johnny N and Lakhani Kalliope
Bought by
Basil Ortal
Seller's Agent
Asim Chaudhry
Magnum Realty
Buyer's Agent
Jerald Kost
Jerald Kost
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,550
Outstanding Balance
$294,588
Interest Rate
4.42%
Estimated Equity
$99,139

Purchase Details

Closed on
Feb 27, 2004
Sold by
Lakhani Navroz S and Lakhani Jacqueline
Bought by
Lakhani Johnny N and Lakhani Kalliope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 1994
Sold by
Lakhani Navroz S and Lakhani Jacquline
Bought by
Lakhani Navroz S and Lakhani Jacquline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
7.27%
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
Basil Ortal $329,000 --
Basil Ortal $329,000 None Listed On Document
Basil Ortal $329,000 --
Lakhani Johnny N $235,000 Chicago Title Insurance Comp
Lakhani Navroz S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basil Ortal $312,550
Closed Basil Ortal $312,550
Previous Owner Lakhani Johnny N $175,000
Previous Owner Lakhani Johnny N $135,000
Previous Owner Lakhani Navroz $1,000,000
Previous Owner Lakhani Navroz S $255,000
Previous Owner Lakhani Navroz S $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $329,000 0.0% $242 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $329,000 -- $242 / 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 $9,165 $30,000 $4,000 $26,000
2023 $7,997 $30,000 $4,000 $26,000
2022 $7,997 $30,000 $4,000 $26,000
2021 $6,899 $22,542 $3,032 $19,510
2020 $6,677 $22,542 $3,032 $19,510
2019 $6,623 $25,047 $3,032 $22,015
2018 $6,369 $21,436 $2,633 $18,803
2017 $6,424 $21,436 $2,633 $18,803
2016 $6,330 $21,436 $2,633 $18,803
2015 $5,935 $18,843 $2,234 $16,609
2014 $5,824 $18,843 $2,234 $16,609
2013 $5,778 $18,843 $2,234 $16,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11340601

Midwest Real Estate Data (MRED)

APN: 10-23-224-063-0000