NOT LISTED FOR SALE

8541 S Phillips Ave Chicago, IL 60617

South Chicago Neighborhood
12 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 29, 2018

Last sale price $239,000

4 Days on Market

About This Home

As of May 2018

Great Investment Opportunity. Recently rehabbed and CHA approved 3 unit building in Southeast Chicago neighborhood. Each unit has 4 bedrooms, 1 bathroom, living room, kitchen, and laundry area. Furnace and hot water tank in each unit. 100% occupied. Full unfinished basement with potential to create additional unit. Being sold AS IS.

Last Agent to Sell the Property

Vickie Knight

Knight Realty LLC License #471017897 Listed on: 03/26/2018

Last Buyer's Agent

Damon Wilson

Keller Williams Preferred Rlty License #475168522

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,330

Year Built

  • Built in 1921 | Remodeled in 2012

Lot Details

  • 3,485

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,485 Sq Ft Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,330

Year Built

Built in 1921 | Remodeled in 2012

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Laundry Hook-Up

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: .09 ACRES
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4329.66
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2018 05/29/18 Sold $239,000 0.0% --
03/30/2018 03/30/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $239,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $4,220 $27,101 $2,813 $24,288
2024 $4,220 $27,101 $2,813 $24,288
2023 $4,114 $20,000 $3,750 $16,250
2022 $4,114 $20,000 $3,750 $16,250
2021 $4,022 $20,000 $3,750 $16,250
2020 $2,984 $13,394 $3,750 $9,644
2019 $3,093 $15,396 $3,750 $11,646
2018 $3,041 $15,396 $3,750 $11,646
2017 $4,654 $21,617 $3,375 $18,242
2016 $4,330 $21,617 $3,375 $18,242
2015 $3,961 $21,617 $3,375 $18,242
2014 $3,970 $21,400 $2,625 $18,775
2013 $3,892 $21,400 $2,625 $18,775
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Vickie Knight

    Knight Realty LLC

  • D

    Buyer's Agent in 2018

    Damon Wilson

    Keller Williams Preferred Rlty

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09895946

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60617 South Chicago

8541 S Phillips Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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