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8001 South Dr Martin Luther King Jr Drive

8001 South Dr Martin Luther King Jr Drive, Chicago, IL 60619
Commercial in Chatham
8001 South Dr Martin Luther King Jr Drive in Chicago, IL was first built in 1957 and is 67 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. In total, the area measurement of the land is 13,375 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8001 South Dr Martin Luther King Jr Drive was last sold in Aug 11, 2020 for $105,000. According to our calculations, that's $87.50 per sqft. Current property owners are expected to pay $12,381 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 8001 South Dr Martin Luther King Jr Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $60,194. To break that down further, the land itself was valued at $30,094. While improvements to the property were assessed at a total of $30,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210428
04/28/2021
Loft
-
1300 ft²
$375,000
bedrooms
Loft
bathrooms
-
square feet
1300 ft²
-
-
-
Michael Giliano
Compass

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,375
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: CHATHAM FIELDS
  • Land Acres: 0.307
  • Standard Land Use Code: Commercial building
  • Legal Description 1: (CHATHAM)(FIELDS) SUB OF PT NE SEC 34-38-14

Ownership

  • Current Owner : 8001 S KING DR LLC
  • Previous Owner : REAL ESTATE LLC
  • Owner Before Previous Owner: COUNTY OF COOK
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: C2-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-34-208-041-0000
  • Meridian: SEC 34 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.749
  • Longitude: -87.6144

    Address

  • Full Address: 8001 S King Dr
  • Address - House Number: 8001
  • Street Direction: S
  • Address - Street Name: King
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Carrier Code: C033
  • 4-Digit Zip Code: 3707
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,381
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Market Valuation

  • Market Total Value: $240,776
  • Market Land Value: $120,376
  • Market Improvement Value: $120,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,194
  • Assessed Land Value: $30,094
  • Assessed Improvements Value: $30,100

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11790412208
  • Current Sale Price: $105,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2027607411
  • Previous Sale Recording Date: Oct 22, 2018
  • Previous Sale Contract Date: Sep 26, 2018
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

About South Side



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Frequently Asked Questions

What neighborhood is 8001 South Dr Martin Luther King Jr Drive located in?
The 8001 South Dr Martin Luther King Jr Drive is a commercial located in the neighborhood of Chatham in South Side, Chicago.
What is the average sales price for listings in 8001 South Dr Martin Luther King Jr Drive?
The average sales price for units in 8001 South Dr Martin Luther King Jr Drive is $0 currently.

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