NOT LISTED FOR SALE

8508 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $206,000 - $244,000

3 Beds
2.5 Baths
1,305 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $197,000 $151 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,445/month

1 Day on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Sun or Florida Room
  • 2.5 Car Detached Garage
  • Home Security System

About This Home

As of August 2023

Great 4 bed 2.5 bath bungalow in the Chatham neighborhood. Nice hardwood flooring throughout the living, dining room & bedrooms. Bright kitchen with enough room for a small breakfast table. Enclosed sunporch off the back of the house. Full finished basement equipped to run as a daycare. Separate laundry room & plenty of storage as well. Fenced in yard with 2 car detached garage with front & back doors for easy access. Call & scheduled your showing today.

Last Agent to Sell the Property

Frank Montro

Keller Williams Preferred Rlty License #475128449 Listed on: 06/06/2023

Keller Williams Preferred Rlty

Co-Listed By

Aaron Gaines

Keller Williams Preferred Realty License #475177288

Last Buyer's Agent

Vincent Roofe

Exit Strategy Realty License #475196957

Exit Strategy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1955

Lot Details

  • 5,140

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Home Security System
  • Range
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,815

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1305
  • Other Equipment: Security System, Ceiling Fan(s), Sump Pump
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • 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

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2815.28
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 13, 2023
Sold by
Grey Jessica D
Bought by
Smith Toure
Seller's Agent
Frank Montro
Keller Williams Preferred Rlty
Buyer's Agent
Vincent Roofe
Exit Strategy Realty
List Price
$224,999
Sold Price
$197,000
Premium/Discount to List
-$27,999
-12.44%
Views
141
Current Estimated Value
$227,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,908
Avg. Annual Appreciation
6.79%
Original Mortgage
$162,902
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2012
Sold by
Webb Clarence Michael and Bush Patricia Elease
Bought by
Hinton Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,045
Interest Rate
4.25%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Toure $197,000 Fidelity National Title
Hinton Jessica $156,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Toure $162,902
Previous Owner Hinton Jessica $152,045
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2023 08/09/23 Sold $197,000 -12.4% $151 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $224,999 -- $172 / 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 $2,954 $13,400 $3,840 $9,560
2023 $2,880 $14,000 $5,120 $8,880
2022 $2,880 $14,000 $5,120 $8,880
2021 $2,815 $14,000 $5,120 $8,880
2020 $2,701 $12,125 $4,096 $8,029
2019 $2,677 $13,325 $4,096 $9,229
2018 $2,632 $13,325 $4,096 $9,229
2017 $3,264 $15,163 $3,584 $11,579
2016 $3,037 $15,163 $3,584 $11,579
2015 $2,779 $15,163 $3,584 $11,579
2014 $2,300 $12,396 $3,072 $9,324
2013 $2,254 $12,396 $3,072 $9,324
Source: Public Records

Agents Affiliated with this Home

  • Frank Montro

    Seller's Agent in 2023

    Frank Montro

    Keller Williams Preferred Rlty

    (708) 479-3300

    29 in this area

    1,074 Total Sales

    Frank Montro
    Section Image
  • Aaron Gaines

    Seller Co-Listing Agent in 2023

    Aaron Gaines

    Keller Williams Preferred Realty

    (708) 479-3300

    6 in this area

    183 Total Sales

    Aaron Gaines
    Section Image

  • V

    Buyer's Agent in 2023

    Vincent Roofe

    Exit Strategy Realty

    (773) 369-1120

    3 in this area

    10 Total Sales

    Vincent Roofe
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11801267

Midwest Real Estate Data (MRED)

APN: 20-34-313-031-0000

Illinois Cook County Chicago 60619 Chatham

8508 S Michigan Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes