NOT LISTED FOR SALE

8540 S Calumet Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $215,000 - $314,000

3 Beds
2 Baths
1,100 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $290,000 $264 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,857/month

32 Days on Market

Highlights

  • Bonus Room
  • Soaking Tub
  • Laundry Room
  • 2 Car Detached Garage
  • Living Room
  • 2-minute walk to Nat King Cole Park

About This Home

As of May 2023

You don't want to miss this stunning single family home with an abundance of luxurious features! This property has a total of 2200 sq footage of living space! This beautiful property boasts 3 nicely sized bedrooms and 2 spa-like bathrooms on the main floor. The main floor features beautiful new hardwood floors, modern lighting and fixtures, and plenty of natural light, thanks to open windows and a skylight in the living room.The kitchen is a chef's dream, featuring luxury marble backsplash, stainless steel appliances, beautiful black granite countertops, and a dining room combo, perfect for a breakfast nook. You'll love the spa-like bathroom that features a gorgeous spa tub, open stand up shower with raining shower head, double sinks, and marble floors. The finished basement is open and perfect for a family entertainment space. In addition to the already spacious layout, a very large master bedroom has been added as a bonus! This beautiful bedroom is sure to provide the perfect retreat for relaxation and comfort. Enjoy the spacious backyard, perfect for summertime fun and games. This beautiful property also features a 2 car garage for your convenience. Don't miss your opportunity to own this beautiful home with luxurious finishes, spacious living areas, and a great location!

Last Agent to Sell the Property

Candice Payne

5th Group Corp License #471018550 Listed on: 03/08/2023

Last Buyer's Agent

Lisa Hall

Chicagoland Brokers, Inc. License #475148247

Chicagoland Brokers, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1963 | Remodeled in 2022

Lot Details

  • 4,892 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,754

Year Built

Built in 1963 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1100
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.1123
  • Lot Dimensions: 4890
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3754
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 1, 2023
Sold by
Dna Const & Consulting Llc
Bought by
Richardson Martell
Seller's Agent
Candice Payne
5th Group Corp
Buyer's Agent
Lisa Hall
Chicagoland Brokers, Inc.
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Views
48
Current Estimated Value
$279,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,545
Avg. Annual Appreciation
-1.50%
Original Mortgage
$284,747
Outstanding Balance
$276,128
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$3,327

Purchase Details

Closed on
May 20, 2022
Sold by
Stella Coleman Revocable Trust
Bought by
Dna Construction And Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2005
Sold by
Coleman Stella
Bought by
Coleman Stella and Stella Coleman Revocable Trust
Source: Public Records

Range of Values:

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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
Richardson Martell $290,000 None Listed On Document
Dna Construction And Consulting Llc $15,000 First American Title
Coleman Stella -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Martell $284,747
Previous Owner Dna Construction And Consulting Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $290,000 -3.0% $264 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $299,000 -6.0% $272 / Sq Ft
03/14/2023 03/14/23 Price Changed $318,000 -2.2% $289 / Sq Ft
03/08/2023 03/08/23 For Sale $325,000 -- $295 / 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 $4,642 $19,301 $3,668 $15,633
2023 $3,821 $24,400 $4,890 $19,510
2022 $3,821 $22,000 $4,890 $17,110
2021 $3,754 $22,000 $4,890 $17,110
2020 $1,804 $11,200 $3,912 $7,288
2019 $1,784 $12,308 $3,912 $8,396
2018 $1,753 $12,308 $3,912 $8,396
2017 $1,979 $13,244 $3,423 $9,821
2016 $2,010 $13,244 $3,423 $9,821
2015 $1,946 $13,244 $3,423 $9,821
2014 $1,719 $11,835 $2,934 $8,901
2013 $1,674 $11,835 $2,934 $8,901
Source: Public Records

Agents Affiliated with this Home

  • Candice Payne

    Seller's Agent in 2023

    Candice Payne

    5th Group Corp

    (773) 888-7580

    2 in this area

    49 Total Sales

    Candice Payne
    Section Image
  • Lisa Hall

    Buyer's Agent in 2023

    Lisa Hall

    Chicagoland Brokers, Inc.

    (312) 420-7405

    4 in this area

    30 Total Sales

    Lisa Hall
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11733426

Midwest Real Estate Data (MRED)

APN: 20-34-316-023-0000

Illinois Cook County Chicago 60619 Chatham

8540 S Calumet Ave, Chicago, IL

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