NOT LISTED FOR SALE

8641 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $201,000 - $290,000

3 Beds
2 Baths
1,759 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $178,000 $101 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,676/month

160 Days on Market

Highlights

  • Recreation Room
  • 5-minute walk to 87Th Street Station
  • Walk-In Closet
  • Wood Flooring
  • Detached Garage
  • Central Air

About This Home

As of December 2019

BRAND NEW PRESTIGIOUS CHATHAM RENOVATION!!! SEND AN OFFER TODAY! This home has it all! New kitchen with a DVI designer layout with pristine white custom cabinets, shimmering granite counter-tops surrounded by sparkling porcelain tile floors! Pine colored HRDWD floors throughout the 1st LVL and chocolate colored HRDWD flrs on the 2nd level and 2 new meticulously done bthrms with Ceramic & Porcelain tile, a Halo LED illuminated mirror, perfecting the new construction feel w/ the clean lines of white contemporary 2 panel doors & oil rubbed bronze fixtures! In addition, the finished lower level is perfect for recreation or relaxation! Topping it all off with an ENORMOUS BACK YARD perfect for any event or simply relaxing so you can dream up your next garden/project! Don't miss this opportunity! Steps from I-94, mins from Downtown, CTA, Trains, Metra, Chicago State University, Starbucks, DIVY Bikes, Shopping and MORE! DO NOT WAIT... Come see it TODAY!

Last Agent to Sell the Property

Mensah Mc Cadd

eXp Realty License #475141882 Listed on: 05/29/2019

eXp Realty

Last Buyer's Agent

Carolyn Ramsey

Ramsey Realty Group LLC License #471019868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,431

Year Built | Renovated

  • 1936 | 2019

Lot Details

  • 4,792

Parking

  • Detached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Family Room Downstairs
  • Recreation Room
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Utilities

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

Listing and Financial Details

  • $3 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,431

Year Built | Renovated

1936 | 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Square Footage Comments: 1,209 SQ FT above grade and 600 SQ FT ib the Finished Basment
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1759
  • Unfinished Lower Sq Ft: 50
  • Type Detached: 2 Stories
  • Estimated Year Built: 1936
  • Total Sq Ft: 1809
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Hardwood Floors, Walk-In Closet(s)
  • Number Of Rooms: 9
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X10, On Level: Walkout Basement, Flooring: Other
  • Dining Room: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Porcelain Tile
  • Additional Rooms: Recreation Room, Family Room - Down
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 26X22, On Level: Walkout Basement
  • Additional Room 2 Name: Family Room - Down, Dimensions: 25X22, On Level: Walkout Basement, Flooring: Other
  • Bedroom 2: Dimensions: 10X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 10X11, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1759
  • Estimated Total Finished Sq Ft: 1759
  • Lower Level Sq Ft: 550
  • Main Level Sq Ft: 609
  • Upper Level Sq Ft: 600
  • Family Room: Dimensions: 20X14, On Level: Main Level, Flooring: Other

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 0.1173

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 5110
  • Parcel Identification Number: 20343200090000

Tax Info

  • Taxes: 3029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Dec 27, 2019
Sold by
Dream Ventures Inc
Bought by
Patton Lamont
Seller's Agent
Mensah Mc Cadd
eXp Realty
Buyer's Agent
Carolyn Ramsey
Ramsey Realty Group LLC
List Price
$185,500
Sold Price
$178,000
Premium/Discount to List
-$7,500
-4.04%
Current Estimated Value
$248,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,378
Avg. Annual Appreciation
5.87%
Original Mortgage
$169,100
Outstanding Balance
$150,539
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$97,839

Purchase Details

Closed on
Oct 17, 2018
Sold by
Lawal Investments Llc
Bought by
Dream Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2018
Sold by
Johnson Stephanie
Bought by
Lawal Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 9, 1993
Sold by
Jordan Loretta J
Bought by
Jordan Loretta J and Johnson Stephanie
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
Patton Lamont $178,000 First American Title
Dream Ventures Inc $90,000 Chicago Title
Lawal Investments Llc $75,000 Chicago Title
Jordan Loretta J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Lamont $169,100
Previous Owner Dream Ventures Inc $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $178,000 -4.0% $101 / Sq Ft
12/03/2019 12/03/19 For Sale $185,500 +4.2% $105 / Sq Ft
11/29/2019 11/29/19 Off Market $178,000 -- --
11/05/2019 11/05/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $185,500 -2.1% $105 / Sq Ft
09/24/2019 09/24/19 Price Changed $189,500 -4.5% $108 / Sq Ft
08/09/2019 08/09/19 Price Changed $198,500 -0.3% $113 / Sq Ft
08/06/2019 08/06/19 For Sale $199,000 +11.8% $113 / Sq Ft
07/27/2019 07/27/19 Off Market $178,000 -- --
07/16/2019 07/16/19 Price Changed $199,000 -5.2% $113 / Sq Ft
07/03/2019 07/03/19 Price Changed $210,000 -1.8% $119 / Sq Ft
06/10/2019 06/10/19 Price Changed $213,900 -0.5% $122 / Sq Ft
05/29/2019 05/29/19 For Sale $214,900 -- $122 / 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 $4,431 $14,401 $3,833 $10,568
2023 $4,319 $21,000 $5,110 $15,890
2022 $4,319 $21,000 $5,110 $15,890
2021 $4,223 $21,000 $5,110 $15,890
2020 $2,878 $12,920 $4,088 $8,832
2019 $2,853 $14,198 $4,088 $10,110
2018 $2,805 $14,198 $4,088 $10,110
2017 $3,029 $14,073 $3,577 $10,496
2016 $2,819 $14,073 $3,577 $10,496
2015 $2,579 $14,073 $3,577 $10,496
2014 $2,508 $13,516 $3,066 $10,450
2013 $2,458 $13,516 $3,066 $10,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10396712

Midwest Real Estate Data (MRED)

APN: 20-34-320-009-0000