NOT LISTED FOR SALE

8508 S Marquette Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $143,000 - $277,000

3 Beds
1 Bath
1,040 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 8508 S Marquette Ave, Chicago, IL 60617 and is currently estimated at $196,646, approximately $189 per square foot. 8508 S Marquette Ave is a home located in Cook County with nearby schools including Coles Elementary Language Academy, Great Lakes Academy, and Epic Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2019
Sold by
Community Initiatives Inc
Bought by
Good Homes Unlimited Inc
Current Estimated Value
$196,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,752
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 3, 2019
Sold by
Fannie Mae
Bought by
Community Initiatives Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,752
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 25, 2018
Sold by
Gaines John L
Bought by
Federal Natonal Mortgage Assn and Fannie Mae

Purchase Details

Closed on
Sep 10, 1993
Sold by
Lipowski John and Lipowski Harriet
Bought by
Gaines John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,450
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Good Homes Unlimited Inc $36,000 First American Title
Community Initiatives Inc $50,000 First American Title
Federal Natonal Mortgage Assn -- None Available
Gaines John L $47,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Good Homes Unlimited Inc $134,752
Previous Owner Gaines John L $71,450
Source: Public Records

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 $2,321 $11,400 $2,344 $9,056
2023 $2,263 $11,000 $3,125 $7,875
2022 $2,263 $11,000 $3,125 $7,875
2021 $2,212 $11,000 $3,125 $7,875
2020 $2,087 $9,367 $3,125 $6,242
2019 $2,091 $10,408 $3,125 $7,283
2018 $2,056 $10,408 $3,125 $7,283
2017 $2,702 $12,552 $2,812 $9,740
2016 $1,142 $12,552 $2,812 $9,740
2015 $1,098 $12,552 $2,812 $9,740
2014 $1,088 $10,512 $2,187 $8,325
2013 $1,092 $10,512 $2,187 $8,325
Source: Public Records

Map

Illinois Cook County Chicago 60617 South Chicago

8508 S Marquette Ave, Chicago, IL

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