See Home Value
Chicago 60620 Gresham
8450 S JUSTINE Street
$90,000 - $100,000
House - Off Market

8450 S JUSTINE Street

Chicago, IL 60620
bedrooms
3 Beds
bathrooms
1 Bath
Sold Jan 06, 2022
$73,000
Sold Feb 17, 2005
$127,000
$89,250 by Gmac Mortgage Corp
Mortgage Due Feb 01, 2035

About This Property

Calling all investors, contractors, and visionaries! Explore the potential of this budget-friendly bungalow, offering 3 bedrooms and 1 bathroom. Demolition work has been completed, with some drywall already installed and a bathroom mostly finished. Potential for 4th Bedroom. Just a twenty-minute drive from downtown Chicago, it boasts convenient access to highways and public transportation. This property is suitable for cash buyers or those utilizing rehab loans, as it requires renovation. Buyers will need to handle all necessary plans and city permits for the rehabilitation process if required. The property is being sold as-is, presenting an opportunity for your creative touch and investment vision. Multiple offers. Highest and best offer due by 2/10/2024.
Unit Size
-
Days on Market
-
Land Size
0.01 acres
Price per sqft
-
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Apr 27, 2024 No longer available -
No longer available
Mar 24, 2024 In contract -
In contract
Feb 15, 2024 No longer available -
No longer available
Feb 7, 2024 Listed $99,000
Listed
Jul 14, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • 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: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,766
  • Total Building Area: 1,336
  • Gross Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,336
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD BEING HILL & GEIGERS
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (EDGEWOOD) BEING (HILL) & (GEIGERS) SUB NH WH SW SEC 32-38-14

Ownership

  • Current Owner : BSA FAM LLC
  • Previous Owner : FELTIS INVESTMENTS LLC
  • Owner Before Previous Owner: URBAN INVESTMENT GROUP LLC
  • Current Owner Is a Corporation Indicator: Yes

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: 20-32-307-036-0000
  • Block: 4,4
  • Lot: 5,6
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7398
  • Longitude: -87.6618

    Address

  • Full Address: 8450 S Justine St
  • Address - House Number: 8450
  • Street Direction: S
  • Address - Street Name: Justine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 4701
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,542
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 97,587
  • High Value: 107,453
  • Low Value: 87,720

    Market Valuation

  • Market Total Value: $75,000
  • Market Land Value: $37,480
  • Market Improvement Value: $37,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,500
  • Assessed Land Value: $3,748
  • Assessed Improvements Value: $3,752

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11883574961
  • Current Sale Price: $73,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2200619001
  • Previous Sale Recording Date: Feb 17, 2005
  • Previous Sale Contract Date: Feb 03, 2005
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARLYLE CAPITAL LLC
  • First Mortgage Transaction Date: Jan 06, 2022
  • First Mortgage Loan Amount: $116,842

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 17, 2005
  • Previous Mortgage Loan Amount: $89,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,480 ft²
$64/ft²
$95,000 Mar 23, 2024
-
$179/mo
House
3 Beds
1.5 Baths
1,336 ft²
$66/ft²
$88,000 Jun 12, 2023
-
$235/mo
House
3 Beds
2 Baths
1,112 ft²
$99/ft²
$109,990 Mar 5, 2024
-
$209/mo
House
4 Beds
1 Bath
1,567 ft²
$70/ft²
$110,000 Mar 7, 2024
-
$50/mo

About South Side


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Frequently Asked Questions

When was property at 8450 South Justine Street built and last sold?
The property at 8450 South Justine Street was built in 1920 and last sold on Dec 2, 2021 for $73,000.
How much is this home worth?
The estimated value of the home located at 8450 South Justine Street is $99,990.
What are some comparable homes to 8450 South Justine Street?
Homes that are comparable to 8450 South Justine Street include a house property at 8930 South Throop Street, 8018 South Laflin Street, 8957 South Justine Street.

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