NOT LISTED FOR SALE

8539 S Burnham Ave Chicago, IL 60617

South Chicago Neighborhood
10 Beds
5 Baths
2,710 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: January 19, 2018

Last sale price $40,000 $15 Per Sq Ft

156 Days on Market

About This Home

As of January 2018

BRING YOUR BUYER TO TAKE A LOOK AT THIS LARGE BRICK BUILDING. FRONT BUILDING HAS 2 LARGE APARTMENTS AND THE REAR HAS 2 ADDITIONAL APARTMENTS.

Last Agent to Sell the Property

Joe Castillo

RE/MAX Mi Casa License #471000216 Listed on: 06/28/2017

RE/MAX Mi Casa

Co-Listed By

Oscar Campos

RE/MAX Mi Casa License #471002087

Last Buyer's Agent

Olawale Babatunde

Exit Strategy Realty / EMA Management License #475169171

Exit Strategy Realty / EMA Management
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 4,356

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,356 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1918
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

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

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Dimensions: 4687
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 3058.49
  • Tax Year: 2015
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Babatunde Olawale and Babatunde Olufunmilayo
Bought by

Purchase Details

Listed on
Jun 28, 2017
Closed on
Dec 14, 2017
Sold by
Reverse Mortgage Solutions Inc
Bought by
Babatunde Olawale
Seller's Agent
Joe Castillo
RE/MAX Mi Casa
Buyer's Agent
Olawale Babatunde
Exit Strategy Realty / EMA Management
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Purchase Details

Closed on
Jan 7, 2016
Sold by
Jackson Eloise
Bought by
Reverse Mortgage Solutions Inc

Purchase Details

Closed on
Nov 19, 2009
Sold by
Chicago Title Land Trust Company
Bought by
Foster Mattie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
5.3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Chicago, IL

  • Lisa Foster Real Estate Agent - @properties Christie's International Real Estate

    Lisa Foster

    @properties Christie's International Real Estate

    (312) 313-5956

    120 Total Sales

    1 in South Chicago

    $160,000 Price

    Lisa Foster
     Section Image
  • Laura Catrambone-Gerace Real Estate Agent - Coldwell Banker Stratford Place

    Laura Catrambone-Gerace

    Responds Quickly

    Coldwell Banker Stratford Place

    (224) 507-7159

    173 Total Sales

    1 in South Chicago

    $149,900 Price

    Laura Catrambone-Gerace
     Section Image
  • Kinga Korpacz Real Estate Agent - Exit Realty Redefined

    Kinga Korpacz

    Exit Realty Redefined

    (773) 492-8059

    240 Total Sales

    1 in South Chicago

    $225,825 Price

    Kinga Korpacz
     Section Image
  • Tameka Lewis-Madkins Real Estate Agent - Keller Williams Preferred Rlty

    Tameka Lewis-Madkins

    Keller Williams Preferred Rlty

    (224) 219-0117

    109 Total Sales

    2 in South Chicago

    $107K - $242K Price Range

    Tameka Lewis-Madkins
     Section Image
  • Mithil Patel Real Estate Agent - HomeSmart Realty Group

    Mithil Patel

    HomeSmart Realty Group

    (833) 691-0152

    196 Total Sales

    1 in South Chicago

    $145,000 Price

    Mithil Patel
     Section Image
  • Timothy Good Real Estate Agent - Keller Williams Preferred Rlty

    Timothy Good

    Keller Williams Preferred Rlty

    (708) 729-5961

    209 Total Sales

    1 in South Chicago

    $160,000 Price

    Timothy Good
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Babatunde Olawale $40,000 None Available
Reverse Mortgage Solutions Inc -- Attorney
Foster Mattie M -- Multiple
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $303,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $40,000 0.0% $15 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/21/2017 11/21/17 Price Changed $40,000 -27.3% $15 / Sq Ft
10/20/2017 10/20/17 For Sale $55,000 0.0% $20 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $55,000 0.0% $20 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $55,000 -- $20 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,688 $15,873 $3,515 $12,358
2024 $1,688 $15,873 $3,515 $12,358
2023 $1,645 $8,000 $4,687 $3,313
2022 $1,645 $8,000 $4,687 $3,313
2021 $1,609 $8,000 $4,687 $3,313
2020 $2,516 $11,294 $4,687 $6,607
2019 $2,608 $12,982 $4,687 $8,295
2018 $2,564 $12,982 $4,687 $8,295
2017 $3,431 $19,314 $4,218 $15,096
2016 $3,368 $19,314 $4,218 $15,096
2015 $3,058 $19,314 $4,218 $15,096
2014 $2,874 $18,058 $3,280 $14,778
2013 $2,806 $18,058 $3,280 $14,778
Source: Public Records

Agents Affiliated with this Home

  • Joe Castillo Real Estate Agent - RE/MAX

    Seller's Agent in 2018

    Joe Castillo

    RE/MAX

    (773) 255-6532

    2 in this area

    143 Total Sales

    Joe Castillo
    Section Image
  • Oscar Campos Real Estate Agent - RE/MAX

    Seller Co-Listing Agent in 2018

    Oscar Campos

    RE/MAX

    (773) 544-6090

    1 in this area

    118 Total Sales

    Oscar Campos
    Section Image
  • Olawale Babatunde Real Estate Agent - Exit Strategy Realty / EMA Management

    Buyer's Agent in 2018

    Olawale Babatunde

    Exit Strategy Realty / EMA Management

    (312) 561-8186

    1 Total Sale

    Olawale Babatunde
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09675112

Midwest Real Estate Data (MRED)

APN: 21314160120000

Illinois Cook County Chicago 60617 South Chicago

8539 S Burnham 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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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