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853 West 86th Street

853 West 86th Street, Chicago, IL 60620
Property in Gresham
Sold Apr 27, 2021
$100,000
$80,000 by Pacor Mortgage Corp
Mortgage Due May 01, 2051
Local assessors in Chicago, IL have categorized 853 West 86th Street as a residential type of property. The home was built in 1895 and is 129 years old. The property's lot size has been calculated to be 3,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 853 West 86th Street has a total of 870 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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 asphalt. Lots of wood 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 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, 853 West 86th Street was last sold in Apr 21, 2021 for $100,000. According to our calculations, that's $114.94 per sqft. Current property owners are expected to pay $1,645 in taxes per year. The property on 853 West 86th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,000. To break that down further, the land itself was valued at $2,344. While improvements to the property were assessed at a total of $5,656. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

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

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 870
  • Gross Building Area: 870
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SCHMIDTS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SCHMIDTS)RESUB OF BLKS 1&2 OF SCHMIDTS SUB SH SE SE SEC 32-38-14

Ownership

  • Current Owner : GRAY TERRENCE J
  • Previous Owner : JONES ROSIE L
  • Previous Owner 2: JONES WILLIAM A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 711000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 025-104-06
  • District: 72
  • Parcel: 20-32-429-012-0000
  • Block: 1,2
  • Lot: 7
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7376
  • Longitude: -87.6458

    Address

  • Full Address: 853 W 86th St
  • Address - House Number: 853
  • Street Direction: W
  • Address - Street Name: 86th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C010
  • 4-Digit Zip Code: 3222
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,645
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 157,774
  • High Value: 173,726
  • Low Value: 141,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: PACOR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $23,440
  • Market Improvement Value: $56,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,000
  • Assessed Land Value: $2,344
  • Assessed Improvements Value: $5,656

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11833292412
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2111717270

    Last Sale Mortgage

  • First Mortgage Lender: PACOR MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About South Side



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Nearby Rentals

Unit for rent at 9400 S Wabash Avenue, Chicago, IL, 60619

$2,300 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,478 ft²
9400 S Wabash Avenue, Chicago, IL, 60619 Listing by Norman Brown

Frequently Asked Questions

What neighborhood is 853 West 86th Street located in?
The 853 West 86th Street is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 853 West 86th Street?
The average sales price for units in 853 West 86th Street is $0 currently.

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