Reginald Patterson
eXp Realty
(773) 830-6144
101 Total Sales
4 in Grand Crossing
$128K - $438K Price Range
8618 S Ingleside Ave Chicago, IL 60619
Grand Crossing Neighborhood
9
Beds
6
Baths
--
Sq Ft
1925
Built
Highlights
- Floor Furnace
- 2-minute walk to 87Th Street (Woodruff) Station
- 3-minute walk to Lorraine L. Dixon Park
About This Home
As of November 20228618 S. Ingleside, a beautiful, center entrance six (6) unit building located in the historic Chatham neighborhood of Chicago's South Side. The building sits in a quiet, heavily residential pocket just blocks away from Avalon Park. Additionally, the building is situated just around the corner from the 87th St./Woodruff Metra stop and nearbyto the Dan Ryan Expressway allowing residents easy access to downtown Chicago. 8618 S. Ingleside is comprised of three (3) 2Bd/1Ba and three (3) 1Bd/1Ba units, all of which feature spacious floorplans, hardwood floors throughout, and separate living and dining rooms. Recent improvements to the building include, but are not limited to, updated kitchens and baths, individual furnaces (2021), and an updated & code compliant porch. In need of some TLC, 8618 S. Ingleside presents an investor with the unique opportunityto acquire a true value add project. Solely by cosmetic renovations and bringing units back up to speed, a new investor could see returns of nearly 30%. Additionally, by converting one bedroom units to two bedroom units, these returnscould be even further improved.
Last Agent to Sell the Property
Aaron Sklar
Kiser Group Realty Inc License #475161507 Listed on: 05/31/2022
Co-Listed By
Noah Birk
Kiser Group Realty Inc License #475125864
Last Buyer's Agent
Aaron Sklar
Kiser Group Realty Inc License #475161507 Listed on: 05/31/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,229
Year Built
- Built in 1925
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Additional Features
- 3-Story Property
- Lot Dimensions are 50' x 125'
- Floor Furnace
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $509
- Fuel Expense $2,542
- Insurance Expense $2,400
- Maintenance Expense $2,550
- Manager Expense $3,493
- Other Expense $1,300
- Trash Expense $1,438
- Water Sewer Expense $4,313
- Operating Expense $24,575
- Gross Income $73,523
- Net Operating Income $45,284
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 19, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.25%
Mortgage Type
Construction
Purchase Details
Listed on
Nov 7, 2016
Closed on
Feb 13, 2017
Sold by
Bought by
Seller's Agent
Britta Welbon-Rivera
Baird & Warner
Buyer's Agent
Brande Guilmette-Hampton
Centered International Realty
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Purchase Details
Listed on
Nov 7, 2015
Closed on
Mar 31, 2016
Sold by
Bought by
Seller's Agent
Terry Perdue
House 2 Home
Buyer's Agent
Britta Welbon-Rivera
Baird & Warner
List Price
$135,000
Sold Price
$138,000
Premium/Discount to List
$3,000
2.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.54%
Original Mortgage
$200,000
Interest Rate
1.3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 13, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Grand Crossing, IL
-
Reginald Patterson
-
Tamika Bishop
Tamika Bishop
Coldwell Banker Realty
(224) 479-1963
62 Total Sales
1 in Grand Crossing
$255,000 Price
-
Shanara Carter
Shanara Carter
eXp Realty
(877) 850-0972
112 Total Sales
4 in Grand Crossing
$60K - $355K Price Range
-
Jennifer Upshaw
Jennifer Upshaw
L. Upshaw Realty
(224) 287-9910
52 Total Sales
1 in Grand Crossing
$360,000 Price
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,070 Total Sales
2 in Grand Crossing
$155K - $274K Price Range
-
Autoria Morrow
Autoria Morrow
A Morrow Properties
(855) 724-1809
44 Total Sales
1 in Grand Crossing
$172,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $360,000 | Chicago Title | ||
| $240,000 | Old Republic Title | ||
| $138,000 | Citywide Title Corporation | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $326,250 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/30/2022 11/30/22 | Sold | $360,000 | -6.5% | -- | |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- | |
| 08/11/2022 08/11/22 | Price Changed | $385,000 | -14.4% | -- | |
| 06/01/2022 06/01/22 | For Sale | $450,000 | +87.5% | -- | |
| 02/15/2017 02/15/17 | Sold | $240,000 | -7.7% | -- | View Prior Sale |
| 11/27/2016 11/27/16 | Pending | -- | -- | -- | |
| 11/07/2016 11/07/16 | For Sale | $259,900 | +88.3% | -- | |
| 03/31/2016 03/31/16 | Sold | $138,000 | +2.2% | -- | View Prior Sale |
| 02/18/2016 02/18/16 | Pending | -- | -- | -- | |
| 11/07/2015 11/07/15 | For Sale | $135,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,064 | $30,175 | $4,725 | $25,450 |
| 2024 | $5,064 | $30,175 | $4,725 | $25,450 |
| 2023 | $4,936 | $24,000 | $7,875 | $16,125 |
| 2022 | $4,936 | $24,000 | $7,875 | $16,125 |
| 2021 | $4,826 | $24,000 | $7,875 | $16,125 |
| 2020 | $4,229 | $18,986 | $5,670 | $13,316 |
| 2019 | $4,335 | $21,576 | $5,670 | $15,906 |
| 2018 | $4,262 | $21,576 | $5,670 | $15,906 |
| 2017 | $5,154 | $23,941 | $5,040 | $18,901 |
| 2016 | $4,295 | $23,941 | $5,040 | $18,901 |
| 2015 | $3,906 | $23,941 | $5,040 | $18,901 |
| 2014 | $4,076 | $24,535 | $4,410 | $20,125 |
| 2013 | $3,984 | $24,535 | $4,410 | $20,125 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2022
Aaron Sklar
Kiser Group Realty Inc
-
N
Seller Co-Listing Agent in 2022
Noah Birk
Kiser Group Realty Inc
-
Britta Welbon-Rivera
Seller's Agent in 2017
Britta Welbon-Rivera
Baird Warner
(312) 806-3297
2 in this area
55 Total Sales
-
Brande Guilmette-Hampton
Buyer's Agent in 2017
Brande Guilmette-Hampton
Centered International Realty
(312) 806-3026
3 in this area
81 Total Sales
-
Terry Perdue
Seller's Agent in 2016
Terry Perdue
House 2 Home
(773) 527-2455
2 in this area
42 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11421219
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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