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8001 South Justine Street

8001 South Justine Street, Chicago, IL 60620
Property in Gresham
Sold Dec 15, 2021
$1,560,000
$1,285,000 by Arbor Agency Lending Llc
Mortgage Due Dec 01, 2041
Sold Mar 13, 2006
$1,300,000
$1,040,000 by Citibank Fsb
Mortgage Due Mar 01, 2036
8001 South Justine Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1924 and is 100 years old. The building has a total of 3 stories. The area measurement of the land has been determined as 9,338 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Nov 12, 2021 for $1,560,000. Prior to that sales transaction, the property was also sold in Jan 31, 2006 for $1,300,000. 8001 South Justine Street was last assessed in 2023. The total value of the property was assessed at $147,345. Specifically, the land the property is located on was valued at $8,404. While improvements on the property were assessed at a total of $138,941. 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 $30,306. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 25
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,338
  • 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: THIRD ADD TO AUBURN HIGHLANDS
  • Land Acres: 0.214
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (THIRD) ADD TO (AUBURN)(HIGHLANDS) BEING HARTS SUB OF BLKS 5& 9 IN CIRCUIT COURT PARTN NW SEC 32-38-14

Ownership

  • Current Owner : LOGICA REAL ESTATE SERVICES II LLC
  • Previous Owner : 8001 S JUSTINE LLC
  • Owner Before Previous Owner: DRYB DEVELOPMENT INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710600

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-32-109-001-0000
  • Block: 5,9
  • Lot: 25
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7484
  • Longitude: -87.6618

    Address

  • Full Address: 8001 S Justine St
  • Address - House Number: 8001
  • Street Direction: S
  • Address - Street Name: Justine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C042
  • 4-Digit Zip Code: 5560
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,306
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 984,367
  • High Value: 1,235,891
  • Low Value: 732,842

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,285,000
  • First Open Lien Mortgage Lender: ARBOR AGENCY LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $1,285,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2041

    Market Valuation

  • Market Total Value: $1,473,450
  • Market Land Value: $84,040
  • Market Improvement Value: $1,389,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,345
  • Assessed Land Value: $8,404
  • Assessed Improvements Value: $138,941

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Transaction ID: 11874120825
  • Current Sale Price: $1,560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2134901194
  • Previous Sale Recording Date: Mar 13, 2006
  • Previous Sale Contract Date: Jan 31, 2006
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARBOR AGENCY LENDING LLC
  • First Mortgage Transaction Date: Dec 15, 2021
  • First Mortgage Loan Amount: $1,285,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK FSB
  • Previous Mortgage Transaction Date: Mar 13, 2006
  • Previous Mortgage Loan Amount: $1,040,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 01, 2036

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Frequently Asked Questions

What neighborhood is 8001 South Justine Street located in?
The 8001 South Justine Street is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 8001 South Justine Street?
The average sales price for units in 8001 South Justine Street is $0 currently.

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