NOT LISTED FOR SALE

8541 S Prairie Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $213,000 - $342,000

3 Beds
2 Baths
1,081 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 8541 S Prairie Ave, Chicago, IL 60619 and is currently estimated at $258,593, approximately $239 per square foot. 8541 S Prairie Ave is a home located in Cook County with nearby schools including Neil Elementary School, Harlan Community Academy High School, and Rescue Missionary Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 1999
Sold by
Johnson Drake L
Bought by
Butts Jerard E and Butts Toni
Current Estimated Value
$258,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,918
Outstanding Balance
$40,955
Interest Rate
7.9%
Mortgage Type
FHA
Estimated Equity
$217,638
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
Butts Jerard E $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butts Jerard E $134,918
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 $4,009 $16,501 $3,668 $12,833
2023 $3,908 $19,000 $4,890 $14,110
2022 $3,908 $19,000 $4,890 $14,110
2021 $3,821 $19,000 $4,890 $14,110
2020 $2,705 $12,141 $3,912 $8,229
2019 $2,681 $13,342 $3,912 $9,430
2018 $2,635 $13,342 $3,912 $9,430
2017 $3,455 $16,052 $3,423 $12,629
2016 $3,215 $16,052 $3,423 $12,629
2015 $2,941 $16,052 $3,423 $12,629
2014 $2,431 $13,102 $2,934 $10,168
2013 $2,383 $13,102 $2,934 $10,168
Source: Public Records

Map

Illinois Cook County Chicago 60619 Chatham

8541 S Prairie Ave, Chicago, IL

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