NOT LISTED FOR SALE

8808 S Buffalo Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $57,696 - $218,000

9 Beds
3 Baths
-- Sq Ft
0.8 Acre Lot

Sale Details

Date Sold: September 14, 2018

Last sale price $40,000

Est. 245% increase in value since last sale

Current estimated payment $771 / mo

127 Days on Market

Highlights

  • 2 Car Detached Garage
  • Fenced
  • 5-minute walk to Schafer (Clara D.) Park
  • Forced Air Heating System

About This Home

As of September 2018

Amazing Investment Opportunity! 3 story Building with 2 Apartments with 3 bedrooms + Separate Dining Room in each. Basement is semi-finished with 3 bedrooms and a full bath. Good Location, only few blocks from the Michigan Lake! Roll up your sleeves and make of this building your best investment of this year! A Must Buy!

Last Agent to Sell the Property

Gaspar Flores

Su Familia Real Estate Inc License #471004257 Listed on: 04/06/2018

Last Buyer's Agent

Joan Sandrik

Sebastian Co. Real Estate License #471001810

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • Lot Dimensions are 25 x 140
  • Fenced

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0.8 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1875
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 0

Lot Info

  • Lot Dimensions: 25 X 140
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Exemptions: Other

Multi Family

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

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
Apr 6, 2018
Closed on
Sep 14, 2018
Sold by
Bought by
Seller's Agent
Gaspar Flores
Su Familia Real Estate Inc
Buyer's Agent
Joan Sandrik
Sebastian Co. Real Estate
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%
Current Estimated Value
$137,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,848
Avg. Annual Appreciation
17.12%

Purchase Details

Closed on
Feb 2, 2010
Sold by
Bought by

Purchase Details

Closed on
May 19, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2007
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
$200,000
Interest Rate
0.086%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2004
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
$84,000
Interest Rate
0.0793%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 1998
Sold by
Bought by
Source: Public Records
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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
$40,000 Citywide Title Corporation
$15,000 None Available
-- None Available
$250,000 First American Title Ins Co
$110,000 Law Title
-- --
-- --
$31,000 --
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 $200,000
Previous Owner $84,000
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
09/14/2018 09/14/18 Sold $40,000 -19.8% --
08/11/2018 08/11/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $49,900 -9.1% --
06/27/2018 06/27/18 Price Changed $54,900 -8.3% --
04/06/2018 04/06/18 For Sale $59,900 -- --
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 $482 $2,632 $2,632
2024 $482 $2,632 $2,632
2023 $470 $2,281 $2,281
2022 $470 $2,281 $2,281 $0
2021 $460 $2,280 $2,280 $0
2020 $509 $2,280 $2,280 $0
2019 $459 $2,280 $2,280 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $2,259 $11,252 $2,100 $9,152
2015 $2,067 $11,252 $2,100 $9,152
2014 $1,558 $8,374 $1,750 $6,624
2013 $1,527 $8,374 $1,750 $6,624
Source: Public Records

Agents Affiliated with this Home

  • Gaspar Flores

    Seller's Agent in 2018

    Gaspar Flores

    Su Familia Real Estate Inc

    (312) 656-6301

    2 in this area

    296 Total Sales

    Gaspar Flores
    Section Image
  • Joan Sandrik

    Buyer's Agent in 2018

    Joan Sandrik

    Sebastian Co. Real Estate

    (847) 302-4296

    24 Total Sales

    Joan Sandrik
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09908250

Midwest Real Estate Data (MRED)

APN: 26-05-102-026-0000

Illinois Cook County Chicago 60617 South Chicago

8808 S Buffalo Ave, 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

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