When was property at 506 East 87th Place built and last sold?

The property at 506 East 87th Place was built in 1959 and last sold on Mar 28, 2024 for $150,000.

How much is this home worth?

The estimated value of the home located at 506 East 87th Place is $150,083.

What are some comparable homes to 506 East 87th Place?

Homes that are comparable to 506 East 87th Place include a house property at 8434 South Maryland Avenue , 9122 South Dobson Avenue , 8720 South Michigan Avenue .

Chicago

60619

Burnside

506 E 87th Place

1 / 12

Map

$135,000 - $163,000

● House - Off Market

506 E 87th Place

Chicago, IL 60619

2 Beds

1 Bath

938 Sqft

Sold Apr 02, 2024

$150,000

Robinson Leola D

Buyer

Kingsmead Asset Holding Trust Us Bank Trust Na

Seller

$120,000 by Prime Lending Llc

Mortgage Due Apr 01, 2054

Sold Oct 05, 2017

Transfer

U S Bank Na

Buyer

Haqque Adrienne

Seller

About This Property

Adorable 2 bedroom brick ranch with basement and detached 1 car garage. Kitchen stainless steel appliances with eating area. Nice fenced yard for entertaining. Close to expressway. A must see!

The manager has listed the unit size as 938 square feet.

Unit Size

938Ft²

Days on Market

Land Size

0.07 acres

Price per sqft

$159

Property Type

House

Property Taxes

$273

HOA Dues

Year Built

1959

Price History

Date / Event	Date	Event
Mar 29, 2024	No longer available	-
No longer available
Jan 26, 2024	In contract	-
In contract
Jan 20, 2024	Relisted	$149,000
Relisted
Jul 15, 2023	No longer available	-
No longer available
May 23, 2023	In contract	-
In contract
Apr 30, 2023	Listed	$149,000
Listed
Mar 16, 2023	No longer available	-
No longer available
Oct 18, 2022	Listed	$125,000
Listed

	Nice 2 bedroom brick ranch with basement and 2 car garage. Kitchen with eating area. Tenant in property. Do not disturb. Drive by only. The manager has listed the unit size as 938 square feet. Results Realty ERA Powered

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Total Rooms: 4
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: Average
Building Quality: C
Construction Type: Masonry
Building Style: Unknown
Exterior Walls Type: Masonry
Roof Cover Type: Asphalt
Floor Count: 1
Living Units: 1
Basement Type: Finished improved basement
Basement Area: 0
Garage Type: Detached
Parking Space Count: 2

Dimensions

Lot Size Square Feet: 3,125

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 250
Total Building Area: 938
Gross Building Area: 938
Building Area: 938
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Yes

Heating: Yes
Heated Square Feet: 938
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: Municipal

Building

Property Class: Residential

Subdivision: GROSS SUB
Land Acres: 0.072
Standard Land Use Code: Single family residential
Legal Description 1: S E (GROSS) SUB OF BLKS 27-42 BOTH INCL OF DAUPHIN PA RK 2ND ADD IN WH NE SEC 03-37-14

Ownership

Current Owner : ROBINSON LEOLA D

Previous Owner : KINGSMEAD ASSET HOLDING TRUST
Previous Owner 2: US BANK TRUST NA
Owner Before Previous Owner: HAQQUE ADRIENNE
Ownership Rights Codes: Single/unmarried woman
Vacant Flag: Bank Owned
Vacant Flag Date: Mar 28, 2024

Neighborhood

School District Name: Chicago Public School District 299

Census Tract: 440700

Zoning

Zoning: RS-2

Geography

Assessors Map Reference: May 05, 2047

District: 70
Parcel: 25-03-201-027-0000
Block: 27-42
Lot: 46
Meridian: SEC 03 TWN 37N RNG 14E
Municipality: HYDE PARK
Latitude: 41.7358
Longitude: -87.6117

Address

Full Address: 506 E 87th Pl

Address - House Number: 506
Street Direction: E
Address - Street Name: 87th
Address - Suffix Type: Pl
State: IL
City Name: Chicago
Carrier Code: C009
4-Digit Zip Code: 6802
Zip Code: 60619

Valuation

Tax

Tax Year: 2022

Tax Amount: $2,781
Tax Rate Code Area: 70001

Appraisal Valuation

Standard Deviation: 0.1007

Valuation Date: Apr 03, 2024
Confidence Score: 90
Final Value: 136,246
High Value: 149,974
Low Value: 122,518

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $120,000
First Open Lien Mortgage Lender: PRIME LENDING LLC
First Open Lien Mortgage Recording Date: Apr 02, 2024
First Open Lien Mortgage Loan Amount: $120,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Apr 01, 2054

Market Valuation

Market Total Value: $135,220

Market Land Value: $39,060
Market Improvement Value: $96,160

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $13,522
Assessed Land Value: $3,906
Assessed Improvements Value: $9,616

Sales

Current Sale Contract Date: Mar 28, 2024

Current Sale Recording Date: Apr 02, 2024
Current Sale Transaction ID: 11923626168
Current Sale Price: $150,000
Current Sale Document Type: Deed
Current Sale Input Document Number: 2079
Previous Sale Recording Date: Oct 05, 2017
Previous Sale Contract Date: Sep 13, 2017
Previous Sale Document Type: Sheriff's Deed

Last Sale Mortgage

First Mortgage Lender: PRIME LENDING LLC

First Mortgage Transaction Date: Apr 02, 2024
First Mortgage Loan Amount: $120,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Apr 01, 2054

Redact Ownership Info

Comparables

8434 South Maryland Avenue

Active

House

3 Beds

1.5 Baths

1,100 ft²

$161/ft²

$177,500 Nov 16, 2023

$39/mo

9122 South Dobson Avenue

Active

House

3 Beds

2 Baths

1,275 ft²

$94/ft²

$119,900 Dec 4, 2023

$129/mo

8720 South Michigan Avenue

Active

House

4 Beds

1.5 Baths

1,324 ft²

$108/ft²

$143,000 Oct 17, 2023

$112/mo

8024 South Eberhart Avenue

In Contract

Multifamily

5 Beds

$130,000 Oct 26, 2023

$138/mo

742 East 88th Street

Active

Multifamily

6 Beds

$125,000 Dec 6, 2023

$151/mo

8201 South Cottage Grove Avenue

Active

Land

Loft

$129,000 Oct 2, 2021

8756 South Cottage Grove Avenue

Active

Commercial

Loft

2,800 ft²

$50/ft²

$139,500 Dec 22, 2023

$410/mo

31 East 89th Street

In Contract

Commercial

Loft

3,400 ft²

$47/ft²

$160,000 Mar 18, 2023

$357/mo

About South Side

Stats & Trends

Median Asking:

$245,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

Average Home Size

1097 ft²

Average Home Age

89.2 years

Currently For Sale

259 Listings

Similar Homes for Sale

Unit for sale at 8756 South Cottage Grove Avenue, Chicago, IL 60619

$139,500

Commercial
2,800 ft²

8756 South Cottage Grove Avenue, Chicago, IL 60619 Listing by Dionne Mitchell

Unit for sale at 8201 South Cottage Grove Avenue, Chicago, IL 60619

$129,000

Land

8201 South Cottage Grove Avenue, Chicago, IL 60619 Listing by Shauntell Lawrence

Unit for sale at 742 East 88th Street, Chicago, IL 60619

$125,000

6 Beds

742 East 88th Street, Chicago, IL 60619 Listing by Robert Linn

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506 E 87th Place

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About South Side

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions