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8309 South Buffalo Avenue

8309 South Buffalo Avenue, Chicago, IL 60617
Multifamily in The Bush
Sold Aug 30, 2021
$249,000
$244,489 by Ark-la-tex Financial Services
Mortgage Due Sep 01, 2051
Sold Jan 12, 2021
$65,000
8309 South Buffalo Avenue in Chicago, IL was first built in 1895 and is 129 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 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8309 South Buffalo Avenue has 1,920 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,976 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 8309 South Buffalo Avenue sold most recently in Jul 8, 2021 for a total of $249,000. If you work out the math, that's approximately a cost of $129.69 per sqft. Before that, the property was also sold for $65,000 in Dec 9, 2020. 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 $1,543 in taxes each year. 8309 South Buffalo Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $7,500. If we break it down further, the land itself was valued at $2,976. Improvements to the property, however, were assessed at a total of $4,524. 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. 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.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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,976
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERGERS ADD TO HYDE
  • Land Acres: 0.068
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: ROBERT (BERGERS) ADD TO (HYDE) PARK BEING SUB OF NH O F SW FRACL OF EXC W 5ACS OF SH OF NH OF SW OF SEC 32,ALSO EXC S 1 ACS O

Ownership

  • Current Owner : WHITE OWEN
  • Previous Owner : CLEARVUE CAPITAL CORPORATION
  • Owner Before Previous Owner: TANGRAM PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460200

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 21-32-202-004-0000
  • Block: 3
  • Lot: 4
  • Meridian: SEC 32 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.7444
  • Longitude: -87.544

    Address

  • Full Address: 8309 S Buffalo Ave
  • Address - House Number: 8309
  • Street Direction: S
  • Address - Street Name: Buffalo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C011
  • 4-Digit Zip Code: 2608
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,543
  • Tax Rate Code Area: 70021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,489
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $244,489
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $75,000
  • Market Land Value: $29,760
  • Market Improvement Value: $45,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,500
  • Assessed Land Value: $2,976
  • Assessed Improvements Value: $4,524

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11853835285
  • Current Sale Price: $249,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2124246307
  • Previous Sale Recording Date: Jan 12, 2021
  • Previous Sale Contract Date: Dec 09, 2020
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $244,489
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 8309 South Buffalo Avenue located in?
The 8309 South Buffalo Avenue is a multifamily located in the neighborhood of The Bush in Far South Chicago, Chicago.
What is the average sales price for listings in 8309 South Buffalo Avenue?
The average sales price for units in 8309 South Buffalo Avenue is $0 currently.

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