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8522 South Bennett Avenue

8522 South Bennett Avenue, Chicago, IL 60617
Townhouse in Stony Island Park
Sold Apr 11, 2019
$355,000
Sold Feb 24, 2017
$70,000
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Local assessors in Chicago, IL have categorized 8522 South Bennett Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 3,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 9 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8522 South Bennett Avenue has a total of 3,804 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a no garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a hot water heating system is the primary heating source. 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, 8522 South Bennett Avenue was last sold in Mar 19, 2019 for $355,000. According to our calculations, that's $93.32 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Feb 6, 2017. Current property owners are expected to pay $3,410 in taxes per year. The property on 8522 South Bennett Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,001. To break that down further, the land itself was valued at $4,688. While improvements to the property were assessed at a total of $15,313. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 3,804
  • Gross Building Area: 3,804
  • Building Area: 3,804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONSTANCE SUB
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF BLKS 12&15 OF CONSTANCE SUB BY WALLA CE C CLEMENT OF EH SW SEC 36-38-14

Ownership

  • Current Owner : FEDRICK SHAUN
  • Previous Owner : ELITE INVEST LLC SERIES 1131
  • Owner Before Previous Owner: CHICAGO TITLE LAND TRUST CO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 450300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-36-321-026-0000
  • Block: 12,15
  • Lot: 9,10
  • Meridian: SEC 36 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.74
  • Longitude: -87.5785

    Address

  • Full Address: 8522 S Bennett Ave
  • Address - House Number: 8522
  • Street Direction: S
  • Address - Street Name: Bennett
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C066
  • 4-Digit Zip Code: 2250
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,410
  • Tax Rate Code Area: 70001

    Market Valuation

  • Market Total Value: $200,010
  • Market Land Value: $46,880
  • Market Improvement Value: $153,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $15,313

    Sales

  • Current Sale Contract Date: Mar 19, 2019
  • Current Sale Recording Date: Apr 11, 2019
  • Current Sale Transaction ID: 11598452148
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1910157061
  • Previous Sale Recording Date: Feb 24, 2017
  • Previous Sale Contract Date: Feb 06, 2017
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLANTA MORTGAGE INC
  • First Mortgage Transaction Date: Apr 11, 2019
  • First Mortgage Loan Amount: $348,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 8522 South Bennett Avenue located in?
The 8522 South Bennett Avenue is a townhouse located in the neighborhood of Stony Island Park in Far South Chicago, Chicago.
What is the average sales price for listings in 8522 South Bennett Avenue?
The average sales price for units in 8522 South Bennett Avenue is $0 currently.

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