NOT LISTED FOR SALE

8553 S Morgan St Chicago, IL 60620

Auburn Gresham Neighborhood

Estimated Value: $131,000 - $255,000

6 Beds
3 Baths
1,667 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $31,500 $19 Per Sq Ft

Est. 546% increase in value since last sale

Current estimated payment $1,296/month

168 Days on Market

About This Home

As of August 2015

DON'T LET THE OUTSIDE FOOL YOU. THIS IS A 2-UNIT AND BOTH UNITS ARE SPACIOUS AND UPDATED. 1ST FLOOR HAS 3 BDRMS AND FORMAL DIN ROOM, UPDATED KITCHEN AND BATH. SECOND FLOOR HAS 3 BDRMS UPDATED KITCHEN AND BATH. BSMNT IS PARTIALLY FINISHED WITH 3/4 BATH. NEW ROOF, NEWER WINDOWS, 2 CAR GARAGE AND NICE DOUBLE LOT MAKES THIS A GREAT BUY. SOLD AS-IS NOT A SHORT SALE OR FORECLOSURE. CASH ONLY.

Last Agent to Sell the Property

Ron Miller

Ron Miller & Associates, Inc. License #471002629 Listed on: 01/10/2015

Last Buyer's Agent

Ron Miller

Ron Miller & Associates, Inc. License #471002629 Listed on: 01/10/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 6,273

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50x125

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2388.74
  • Tax Year: 2013

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2015
Closed on
Aug 6, 2015
Sold by
Vaughn James Robert and Vaughn Innette
Bought by
8553 South Morgan Street Llc
Seller's Agent
Ron Miller
Ron Miller & Associates, Inc.
Buyer's Agent
Ron Miller
Ron Miller & Associates, Inc.
List Price
$55,000
Sold Price
$31,500
Premium/Discount to List
-$23,500
-42.73%
Current Estimated Value
$203,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,902
Avg. Annual Appreciation
20.02%

Purchase Details

Closed on
Jan 3, 2012
Sold by
Vaughn Nettie
Bought by
Vaughn Nettie and Vaughn James Rober

Purchase Details

Closed on
Sep 21, 2011
Sold by
Davis Phyllis and Davis Reola
Bought by
Vaughn James Robert
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
8553 South Morgan Street Llc $31,500 First American Title Ins Co
Vaughn Nettie -- None Available
Vaughn James Robert -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2015 08/10/15 Sold $31,500 -21.1% $19 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
05/07/2015 05/07/15 Price Changed $39,900 -20.0% $24 / Sq Ft
02/12/2015 02/12/15 Price Changed $49,900 -9.3% $30 / Sq Ft
02/11/2015 02/11/15 For Sale $55,000 0.0% $33 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $55,000 -- $33 / 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 $2,743 $11,000 $3,125 $7,875
2023 $2,674 $13,001 $4,688 $8,313
2022 $2,674 $13,001 $4,688 $8,313
2021 $2,614 $12,999 $4,687 $8,312
2020 $3,327 $14,934 $4,687 $10,247
2019 $3,297 $16,412 $4,687 $11,725
2018 $3,242 $16,412 $4,687 $11,725
2017 $3,113 $14,459 $4,062 $10,397
2016 $2,896 $14,459 $4,062 $10,397
2015 $2,650 $14,459 $4,062 $10,397
2014 $2,437 $13,134 $3,750 $9,384
2013 $2,389 $13,134 $3,750 $9,384
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ron Miller

    Ron Miller & Associates, Inc.

    (773) 426-7409

    22 Total Sales

    Ron Miller
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08814568

Midwest Real Estate Data (MRED)

APN: 20-32-420-019-0000

Illinois Cook County Chicago 60620 Auburn Gresham

8553 S Morgan St, Chicago, IL

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