NOT LISTED FOR SALE

862 E 87th Place Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $206,000 - $365,000

4 Beds
3 Baths
2,352 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2013

Last sale price $27,500 $12 Per Sq Ft

Est. 740% increase in value since last sale

Current estimated payment $1,424 / mo

28 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • 2-minute walk to Lorraine L. Dixon Park
  • Detached Garage
  • Southern Exposure

About This Home

As of May 2013

SELLER HAS ACCEPTED AN OFFER, JUST WAITING FOR FULLY EXECUTED CONTRACT. Great Foreclosure Opportunity! Very Spacious Single Family House W lots of potential! Very well located, close to 87th St public transportation. Selling On As-Is Condition. Seller will not provide survey or termite. All offers must have pre-approval for financing or proof of funds for cash offers.

Last Agent to Sell the Property

Gaspar Flores

Su Familia Real Estate Inc License #471004257 Listed on: 03/19/2013

Co-Listed By

Peter Hernandez

RE/MAX Mi Casa License #475151371

Last Buyer's Agent

Moyo Mamora

Neuma Realty, LLC License #471020624

Property Details

Home Type

  • Other

Year Built

  • 1961

Lot Details

  • Southern Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Unfinished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Other

Year Built

1961

Lot Details

3,746 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Architectural Style: Traditional
  • Type Detached: 2 Stories
  • Special Features: 20
  • Year Built: 1961

Interior Features

  • Number Of Rooms: 8
  • Basement: Walkout
  • Basement: Unfinished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 20X08
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 22X09
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 12X10
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 16X07
  • Fourth Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 21X14
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 14X12
  • Dining Room Flooring: Hardwood
  • Family Room Level: 2nd Level
  • Family Room Size: 16X13
  • Family Room Flooring: Carpet
  • Kitchen Level: Main Level
  • Kitchen Size: 14X12
  • Kitchen Flooring: Vinyl
  • Additional Rooms: No additional rooms

Exterior Features

  • Foundation: Concrete
  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Vinyl Siding, Frame
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30 X 125
  • Lot Description: Fenced Yard

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

Listed on
Mar 19, 2013
Closed on
Apr 18, 2013
Sold by
Bought by
Seller's Agent
Gaspar Flores
Su Familia Real Estate Inc
Buyer's Agent
Moyo Mamora
Neuma Realty, LLC
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%
Current Estimated Value
$231,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,627
Avg. Annual Appreciation
18.78%

Purchase Details

Closed on
Jan 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2006
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
$180,000
Interest Rate
0.081%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 2, 2005
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
$165,750
Interest Rate
0.086%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$27,500 1St American Title
-- None Available
-- Multiple
$195,000 First American Title
$110,000 Cti
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
Closed $180,000
Closed $165,750
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
05/06/2013 05/06/13 Sold $27,500 -8.0% $12 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $29,900 -- $13 / Sq Ft
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 $2,110 $13,101 $2,813 $10,288
2024 $2,110 $13,101 $2,813 $10,288
2023 $2,057 $10,000 $4,500 $5,500
2022 $2,057 $10,000 $4,500 $5,500
2021 $2,011 $10,000 $4,500 $5,500
2020 $3,057 $13,724 $3,000 $10,724
2019 $3,064 $15,249 $3,000 $12,249
2018 $3,012 $15,249 $3,000 $12,249
2017 $2,893 $13,437 $2,625 $10,812
2016 $2,691 $13,437 $2,625 $10,812
2015 $2,462 $13,437 $2,625 $10,812
2014 $2,453 $13,223 $2,250 $10,973
2013 $2,405 $13,223 $2,250 $10,973
Source: Public Records

Agents Affiliated with this Home

  • Gaspar Flores

    Seller's Agent in 2013

    Gaspar Flores

    Su Familia Real Estate Inc

    (312) 656-6301

    2 in this area

    293 Total Sales

    Gaspar Flores
    Section Image
  • Peter Hernandez

    Seller Co-Listing Agent in 2013

    Peter Hernandez

    RE/MAX

    (708) 906-5700

    1 in this area

    93 Total Sales

    Peter Hernandez
    Section Image

  • M

    Buyer's Agent in 2013

    Moyo Mamora

    Neuma Realty, LLC

    (312) 757-7911

    8 Total Sales

    Moyo Mamora
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08295717

Midwest Real Estate Data (MRED)

APN: 25-02-100-044-0000

Illinois Cook County Chicago 60619 Chatham

862 E 87th Place, Chicago, IL

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) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.