NOT LISTED FOR SALE

8552 S Burnham Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $107,786 - $152,000

4 Beds
2 Baths
979 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $95,000 $97 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $786/month

109 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of September 2021

ACO Commercial is pleased to present this beautiful and spacious, single-family home located on a pleasant block in the South Chicago neighborhood. As you approach, you'll notice the landscaped two-story home with two-car detached garage. At approximately 1,000 SF, this home provides space for the entire family with its four bedrooms, and unfinished basement across three floors. When you enter this home, you'll find a generous-sized living room with two bedrooms on the main level. An inviting eat-in kitchen will make any chef feel at home. Upstairs you will find two more bedrooms and a common bathroom. The unfinished basement awaits your creative finishing ideas to fit your lifestyle. Perhaps you would like to design the perfect recreation room, exercise room, or home theater. This is a great place to call home or to add to your investment portfolio. As it is currently vacant, it is easy to show. Call Linda for a tour today.

Last Agent to Sell the Property

Linda Hattar

ACO Commercial License #475161338 Listed on: 05/11/2021

Last Buyer's Agent

Angelica Pasten

Century 21 Hallmark Ltd. License #471021403

Century 21 Hallmark Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Interior Spaces

  • 979 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,983

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 979
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 979
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 99000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer-Storm
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1983.32
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Sep 17, 2021
Sold by
Detje Property Llc
Bought by
Lopez Mariana and Tapia Octaviano
Seller's Agent
Linda Hattar
ACO Commercial
Buyer's Agent
Angelica Pasten
Century 21 Hallmark Ltd.
Sold Price
$95,000
Current Estimated Value
$130,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,947
Avg. Annual Appreciation
8.14%
Original Mortgage
$90,250
Outstanding Balance
$82,121
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$48,826

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 12, 2018
Sold by
Arts Usa Llc
Bought by
Detje Property Llc
Seller's Agent
Leon Ivy
Manage Chicago, Inc.
Buyer's Agent
David Reithoffer
Greenside Realty LLC
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 25, 2018
Sold by
Chicago Single Family Afordable Housing
Bought by
Arts Usa Llc
Seller's Agent
Leon Ivy
Manage Chicago, Inc.
Buyer's Agent
David Reithoffer
Greenside Realty LLC
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%

Purchase Details

Closed on
Nov 11, 2013
Sold by
United Interfaith Council
Bought by
Chicago Single Family Affordable Housing

Purchase Details

Closed on
Sep 18, 2013
Sold by
Firstmerit Bank Na
Bought by
United Interfaith Council

Purchase Details

Closed on
Nov 9, 2007
Sold by
Magdaleno Jose J and Magdaleno Rosalba
Bought by
Midwest Bank & Trust Co and Trust #07-1-8655

Purchase Details

Closed on
Aug 24, 1998
Sold by
Magdaleno Jose J
Bought by
Magdaleno Jose J and Magdaleno Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.99%

Purchase Details

Closed on
Jun 14, 1995
Sold by
Sahagun Francisco and Sahagun Guadalupe
Bought by
Magdaleno Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
8.27%
Source: Public Records

Range of Values:

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Average Value
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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
Lopez Mariana $95,000 Attorney
Detje Property Llc $75,000 Attorneys Title Guaranty Fun
Arts Usa Llc $50,000 North American Title Company
Chicago Single Family Affordable Housing $7,000 None Available
United Interfaith Council -- Barrister Title
Midwest Bank & Trust Co $68,500 First American Title Ins Co
Magdaleno Jose J -- --
Magdaleno Jose J $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Mariana $90,250
Previous Owner Magdaleno Jose J $42,000
Previous Owner Magdaleno Jose J $41,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2021 09/20/21 Sold $95,000 -13.6% $97 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/23/2021 07/23/21 For Sale -- -- --
05/25/2021 05/25/21 For Sale -- -- --
05/24/2021 05/24/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $110,000 +100.0% $112 / Sq Ft
04/26/2018 04/26/18 Sold $55,000 -8.2% $39 / Sq Ft View Prior Sale
03/06/2018 03/06/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $59,900 -- $43 / 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 $1,131 $6,300 $2,344 $3,956
2023 $1,131 $5,500 $3,125 $2,375
2022 $1,131 $5,500 $3,125 $2,375
2021 $1,106 $5,500 $3,125 $2,375
2020 $1,983 $8,903 $3,125 $5,778
2019 $1,988 $9,893 $3,125 $6,768
2018 $1,954 $9,893 $3,125 $6,768
2017 $2,262 $10,506 $2,812 $7,694
2016 $2,104 $10,506 $2,812 $7,694
2015 $1,925 $10,506 $2,812 $7,694
2014 $1,345 $7,248 $2,187 $5,061
2013 $1,648 $9,059 $2,187 $6,872
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Linda Hattar

    ACO Commercial

    Section Image
  • Angelica Pasten

    Buyer's Agent in 2021

    Angelica Pasten

    Century 21 Hallmark Ltd.

    (708) 997-0704

    2 in this area

    59 Total Sales

    Angelica Pasten
    Section Image
  • Leon Ivy

    Seller's Agent in 2018

    Leon Ivy

    Manage Chicago, Inc.

    (773) 708-7331

    12 in this area

    38 Total Sales

    Leon Ivy
    Section Image
  • Chris Amatore

    Seller Co-Listing Agent in 2018

    Chris Amatore

    Manage Chicago, Inc.

    (773) 449-5151

    6 in this area

    46 Total Sales

    Chris Amatore
    Section Image

  • D

    Buyer's Agent in 2018

    David Reithoffer

    Greenside Realty LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11083521

Midwest Real Estate Data (MRED)

APN: 21-31-323-040-0000

Illinois Cook County Chicago 60617 South Chicago

8552 S Burnham Ave, Chicago, IL

This home is located at 8552 S Burnham Ave, Chicago, IL 60617 since 11 May 2021 and is currently estimated at $130,947, approximately $133 per square foot. This property was built in 1916. 8552 S Burnham Ave is a home located in Cook County with nearby schools including Ninos Heroes Elementary Academic Center, Great Lakes Academy, and Noble - Baker College Preparatory High School.

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