Check Availability

722 East 88th Street

722 East 88th Street, Chicago, IL 60619
House in Burnside
Sold Nov 09, 2023
$435,000
$427,121 by Lower, Llc
Mortgage Due Dec 01, 2053
Sold Aug 06, 2019
$75,000
$162,400 by Tvc Funding Ii Llc
Mortgage
Local assessors in Chicago, IL have categorized 722 East 88th Street as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 3,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 722 East 88th Street has a total of 1,128 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 24, 2023 for $435,000. That's $385.64 per sqft. Prior to that sales transaction, the property was also sold in Jul 1, 2019 for $75,000. 722 East 88th Street was last assessed in 2023. The total value of the property was assessed at $11,001. Specifically, the land the property is located on was valued at $4,688. While improvements on the property were assessed at a total of $6,313. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,262. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 1,128
  • Gross Building Area: 1,128
  • Building Area: 1,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRANDALLS ADD TO DAUPHIN
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L E (CRANDALLS) ADD TO (DAUPHIN) PARK SUB OF BLKS11-1 4 IN DAUPHIN PARK ADD SUB BY CALUMET & CHICAGO CANAL & DOCK CO, IN EH N

Ownership

  • Current Owner : FRANCOIS-BLUE SHALEMA
  • Previous Owner : FARMER FREDRICK
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 440700

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jul 06, 2047
  • District: 70
  • Parcel: 25-03-207-021-0000
  • Block: 14
  • Lot: 38,37
  • Meridian: SEC 03 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.735
  • Longitude: -87.6062

    Address

  • Full Address: 722 E 88th St
  • Address - House Number: 722
  • Street Direction: E
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C009
  • 4-Digit Zip Code: 6812
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,262
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 174,428
  • High Value: 214,257
  • Low Value: 134,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $427,121
  • First Open Lien Mortgage Lender: LOWER, LLC
  • First Open Lien Mortgage Recording Date: Nov 09, 2023
  • First Open Lien Mortgage Loan Amount: $427,121
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $110,010
  • Market Land Value: $46,880
  • Market Improvement Value: $63,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $6,313

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Transaction ID: 11915769442
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41037
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Jul 01, 2019
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOWER, LLC
  • First Mortgage Transaction Date: Nov 09, 2023
  • First Mortgage Loan Amount: $427,121
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: TVC FUNDING II LLC
  • Previous Mortgage Transaction Date: Aug 06, 2019
  • Previous Mortgage Loan Amount: $162,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About South Side



Similar Buildings

House at 722 East 88th Street,

725 East 89th Street

  • 1 Unit for Sale
725 East 89th Street, Chicago, IL 60619
House at 722 East 88th Street,

8736 South Dauphin Avenue

  • 1 Unit for Sale
8736 South Dauphin Avenue, Chicago, IL 60619
House at 722 East 88th Street,

8854 South Dauphin Avenue

  • 1 Unit for Sale
8854 South Dauphin Avenue, Chicago, IL 60619
House at 722 East 88th Street,

8452 South Cottage Grove Avenue

  • 1 Unit for Sale
8452 South Cottage Grove Avenue, Chicago, IL 60619
House at 722 East 88th Street,

518 East 88th Place

  • 1 Unit for Sale
518 East 88th Place, Chicago, IL 60619
House at 722 East 88th Street,

447 East 88th Place

  • 1 Unit for Sale
447 East 88th Place, Chicago, IL 60619
House at 722 East 88th Street,

8450 South Cottage Grove Avenue

  • 1 Unit for Sale
8450 South Cottage Grove Avenue, Chicago, IL 60619
House at 722 East 88th Street,

8545 South Vernon Avenue

  • 1 Unit for Sale
8545 South Vernon Avenue, Chicago, IL 60619
House at 722 East 88th Street,

648 East 92nd Street

  • 1 Unit for Sale
648 East 92nd Street, Chicago, IL 60619

Nearby Rentals

Unit for rent at 1725 E 87th Street, Chicago, IL, 60617

$20 /mo

  • Studio
1725 E 87th Street, Chicago, IL, 60617 Listing by Beth Johnson
Unit for rent at 1750 E 87th Street, Chicago, IL, 60617

$27 /mo

  • Studio
1750 E 87th Street, Chicago, IL, 60617 Listing by Patrice Marks
Unit for rent at 10151 S Wallace Street, Chicago, IL, 60628

$1,850 /mo

  • 5 Beds
  • 2 Baths
  • 1,820 ft²
10151 S Wallace Street, Chicago, IL, 60628 Listing by Denise Perkins
Unit for rent at 226 East 87th Street, Chicago, IL 60619

$2,500 /mo

  • 1 Bed
  • 1 Bath
226 East 87th Street #1D, Chicago, IL 60619 Listing by Ryan Myers
Unit for rent at 342 East 76th Street, Chicago, IL 60619

$2,400 /mo

  • Studio
  • 1 Bath
342 East 76th Street, Chicago, IL 60619 Listing by APHRODITE GELLIS
Unit for rent at 225 W 89th Street, Chicago, IL, 60620

$3 /mo

  • Studio
225 W 89th Street, Chicago, IL, 60620 Listing by Kris Keller

Frequently Asked Questions

What neighborhood is 722 East 88th Street located in?
The 722 East 88th Street is a house located in the neighborhood of Burnside in South Side, Chicago.
What is the average sales price for listings in 722 East 88th Street?
The average sales price for units in 722 East 88th Street is $68,000 , or $60/sqft. currently.

Quantcast