NOT LISTED FOR SALE

8719 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $191,209 - $270,000

3 Beds
2 Baths
1,200 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $250,000 $208 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,355/month

37 Days on Market

Highlights

  • Deck
  • 4-minute walk to 87Th Street Station
  • Zoned Heating and Cooling System
  • Stainless Steel Appliances
  • Secured Garage or Parking
  • Combination Dining and Living Room

About This Home

As of August 2024

Welcome to this modern residence, a fully rehabbed 3-bedroom, 2-bathroom home in the sought-after Chatham neighborhood of Chicago. Step inside to discover an inviting interior featuring a contemporary design with an abundance of natural light. The open layout seamlessly connects the living area to the kitchen, creating a perfect space for entertaining. The kitchen boasts sleek cabinetry, stainless steel appliances, and a large deck, ideal for al fresco dining and enjoying the sunshine. You will find all three bedrooms on the upper level with brand new beautiful wall to wall carpeting. The bathrooms feature modern fixtures and finishes, adding to the overall appeal of the home. This modern residence also boasts a full basement, perfect for storage and housing the laundry area with sleek epoxy floors, the ceiling height in the basement is around 6' not ideal as a finished living space. Outside, the expansive backyard is a true urban oasis, complete with a parking pad for 2 cars and secure gates surrounding the property for added privacy and security. Additionally, a fabulous covered front porch provides a charming space to unwind and greet guests. Located in the vibrant Chatham neighborhood, this home offers easy access to a variety of amenities and conveniences. Don't miss the opportunity to make this modern residence your own and enjoy the best of Chicago living. Schedule a showing today. Chase Bank home buyer grant of $7500 to any owner occupied buyer, no income limits, contact lender Robbine Kim for more information

Last Agent to Sell the Property

Julie Latsko

Compass License #475183502 Listed on: 06/14/2024

Compass

Last Buyer's Agent

Abraham Alarape

Coldwell Banker Realty License #475194562

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1913 | Remodeled in 2024

Lot Details

  • 4,879

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Parking Spaces
  • Secured Garage or Parking
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 25x125

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 1913 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1913
  • 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): Yes
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood, Gas Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

  • Parking Features: Off Alley, Secured
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Zoned
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1650
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 6, 2024
Sold by
Btre-2-Investments Llc
Bought by
Kreml Ian
Seller's Agent
Julie Latsko
Compass
Buyer's Agent
Abraham Alarape
Coldwell Banker Realty
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Views
1479
Current Estimated Value
$230,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,198
Avg. Annual Appreciation
-6.34%
Original Mortgage
$240,000
Outstanding Balance
$237,346
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$6,544

Purchase Details

Closed on
Nov 8, 2022
Sold by
Us Portfolio Llc
Bought by
Btre-2 Investments Llc

Purchase Details

Closed on
Mar 28, 2018
Sold by
Ador Housing Llc
Bought by
Us Portfolio Llc

Purchase Details

Closed on
Jan 8, 2014
Sold by
Thompson Arthur and Thompson Veronica
Bought by
Ador Housing Llc

Purchase Details

Closed on
May 4, 2007
Sold by
Moorehead Pauline and Moorhead Pauline
Bought by
Thompson Arthur and Thompson Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Hilbron John and Jarvis Marie H
Bought by
Moorhead Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Kreml Ian $250,000 Chicago Title
Btre-2 Investments Llc -- Chicago Title
Us Portfolio Llc $666,000 Chicago Title
Ador Housing Llc $45,000 None Available
Thompson Arthur $117,000 Git
Moorhead Pauline $78,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreml Ian $240,000
Previous Owner Thompson Arthur $172,000
Previous Owner Moorhead Pauline $74,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $250,000 +2.0% $208 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $245,000 -- $204 / 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 $1,692 $12,000 $5,995 $6,005
2023 $1,650 $8,000 $4,890 $3,110
2022 $1,650 $8,000 $4,890 $3,110
2021 $1,613 $8,000 $4,890 $3,110
2020 $2,542 $11,382 $3,912 $7,470
2019 $2,520 $12,508 $3,912 $8,596
2018 $2,477 $12,508 $3,912 $8,596
2017 $2,272 $10,532 $3,423 $7,109
2016 $2,114 $10,532 $3,423 $7,109
2015 $1,935 $10,532 $3,423 $7,109
2014 $1,807 $9,714 $2,934 $6,780
2013 $1,771 $9,714 $2,934 $6,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12085091

Midwest Real Estate Data (MRED)

APN: 25-03-102-014-0000