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447 East 80th Street

447 East 80th Street, Chicago, IL 60619
Property in Chatham
Sold Aug 21, 2023
$1,690,000
$1,250,000 by Abl Rpc Residential Credit Acq
Mortgage
Sold Jul 03, 2018
$649,000
$1,600,000 by Hunt Mortgage Partners Llc
Mortgage Due Jul 01, 2038
447 East 80th Street in Chicago, IL was first built in 1926 and is 98 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 3 floors. In total, the area measurement of the land is 5,583 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 447 East 80th Street sold most recently in Apr 3, 2023 for a total of $1,690,000. Before that, the property was also sold for $649,000 in Jun 25, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,702 in taxes each year. 447 East 80th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,035. If we break it down further, the land itself was valued at $5,025. Improvements to the property, however, were assessed at a total of $47,010. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,583
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHATHAM FIELDS
  • Land Acres: 0.128
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CHATHAM)(FIELDS) SUB OF PT NE SEC 34-38-14

Ownership

  • Current Owner : 447 E 80 LLC
  • Previous Owner : VINTERUSS TWO LC
  • Owner Before Previous Owner: VUKOJEVIC IVAN
  • Owner Before Previous Owner 2: VUKOJEVIC VALERIE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 440201

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-34-209-018-0000
  • Block: 10
  • Lot: 1
  • Meridian: SEC 34 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7492
  • Longitude: -87.6128

    Address

  • Full Address: 447 E 80th St
  • Address - House Number: 447
  • Street Direction: E
  • Address - Street Name: 80th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C044
  • 4-Digit Zip Code: 0043
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,702
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 516,030
  • High Value: 647,885
  • Low Value: 384,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,250,000
  • First Open Lien Mortgage Lender: ABL RPC RESIDENTIAL CREDIT ACQ
  • First Open Lien Mortgage Recording Date: Aug 21, 2023
  • First Open Lien Mortgage Loan Amount: $1,250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $520,350
  • Market Land Value: $50,250
  • Market Improvement Value: $470,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,035
  • Assessed Land Value: $5,025
  • Assessed Improvements Value: $47,010

    Sales

  • Current Sale Contract Date: Apr 03, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Transaction ID: 11911247801
  • Current Sale Price: $1,690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13118
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 25, 2018
  • Previous Sale Amount: $649,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ABL RPC RESIDENTIAL CREDIT ACQ
  • First Mortgage Transaction Date: Aug 21, 2023
  • First Mortgage Loan Amount: $1,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: HUNT MORTGAGE PARTNERS LLC
  • Previous Mortgage Transaction Date: Jul 03, 2018
  • Previous Mortgage Loan Amount: $1,600,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jul 01, 2038

About South Side



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Frequently Asked Questions

What neighborhood is 447 East 80th Street located in?
The 447 East 80th Street is a located in the neighborhood of Chatham in South Side, Chicago.
What is the average sales price for listings in 447 East 80th Street?
The average sales price for units in 447 East 80th Street is $0 currently.

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