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8430 South Elizabeth Street

8430 South Elizabeth Street, Chicago, IL 60620
House in Gresham
Sold Jul 12, 2021
$272,500
$267,563 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2051
Sold Jan 13, 2021
$48,000
8430 South Elizabeth 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 1926 and is 98 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8430 South Elizabeth Street has 1,296 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,150 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 8430 South Elizabeth Street was last sold in Jun 8, 2021 for $272,500. According to our calculations, that's $210.26 per sqft. Prior to that sales transaction, the property was sold for $48,000 in Nov 13, 2020. Current property owners are expected to pay $1,602 in taxes per year. The property on 8430 South Elizabeth Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $9,501. To break that down further, the land itself was valued at $2,048. While improvements to the property were assessed at a total of $7,453. 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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SISSONS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF BLKS 2&3 OF SISSONS SUB & RESUB OF BLKS 1&4 OF GILBERTS SUB OF EH OF WH OF NE SW SEC 32-38-14

Ownership

  • Current Owner : JAMES KEVIN E
  • Previous Owner : 8430 ELIZABETH LAND TRUST
  • Owner Before Previous Owner: WILSON CHARLENE
  • Owner Before Previous Owner 2: MIDFIRST BANK
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 711100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-32-313-032-0000
  • Block: 1-4
  • Lot: 13,14
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7404
  • Longitude: -87.655

    Address

  • Full Address: 8430 S Elizabeth St
  • Address - House Number: 8430
  • Street Direction: S
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 4035
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,602
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 217,700
  • High Value: 268,286
  • Low Value: 167,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,563
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $267,563
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $95,010
  • Market Land Value: $20,480
  • Market Improvement Value: $74,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,501
  • Assessed Land Value: $2,048
  • Assessed Improvements Value: $7,453

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Transaction ID: 11842948871
  • Current Sale Price: $272,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2119303144
  • Previous Sale Recording Date: Jan 13, 2021
  • Previous Sale Contract Date: Nov 13, 2020
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 12, 2021
  • First Mortgage Loan Amount: $267,563
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,400 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,375 /mo

  • 4 Beds
  • 1 Bath
  • 1,200 ft²
Listing by Lourdes Linan
Unit for rent at

$1,392 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,392 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,392 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 8430 South Elizabeth Street located in?
The 8430 South Elizabeth Street is a house located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 8430 South Elizabeth Street?
The average sales price for units in 8430 South Elizabeth Street is $0 currently.

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