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8553 West Foster Avenue

8553 West Foster Avenue, Chicago, IL 60656
Multifamily in O'Hare
1 Units For Sale
Unit for sale at 8553 W Foster Avenue, Chicago, IL 60656

$545,000

  • 8 Beds
8553 W Foster Avenue, Chicago, IL 60656 Listing by John Langbein

Local assessors in Chicago, IL have categorized 8553 West Foster Avenue as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 5,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 are also 2 partial bathrooms. 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 8553 West Foster Avenue has a total of 1,780 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 attached 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 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 asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in May 2, 2005 for $440,000. That's $247.19 per sqft. Prior to that sales transaction, the property was also sold in Feb 15, 2002 for $320,000. 8553 West Foster Avenue was last assessed in 2023. The total value of the property was assessed at $44,000. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $34,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,420. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Brick Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220525
05/25/2022
8 Bed
-
-
$575,000
bedrooms
8 Bed
bathrooms
-
-
-
-
John Langbein
Dream Town Realty

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,780
  • Gross Building Area: 1,780
  • Building Area: 1,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ST JOSEPH MANOR
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BEST GEORGE
  • Current Owner 2: BEST JOANNE
  • Previous Owner : SCAFIDI DAVID
  • Previous Owner 2: SCAFIDI ANNA
  • Owner Before Previous Owner: JABLON RONALD
  • Owner Before Previous Owner 2: JABLON JANET
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 760803

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 12-11-314-003-0000
  • Lot: 83
  • Meridian: SEC 11 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9729
  • Longitude: -87.8405

    Address

  • Full Address: 8553 W Saint Joseph Ave
  • Address - House Number: 8553
  • Street Direction: W
  • Address - Street Name: Saint Joseph
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 2715
  • Zip Code: 60656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,420
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 521,982
  • High Value: 640,207
  • Low Value: 403,757

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $100,000
  • Market Improvement Value: $340,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $34,000

    Sales

  • Current Sale Contract Date: May 02, 2005
  • Current Sale Recording Date: May 13, 2005
  • Current Sale Transaction ID: 1176682953
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0513341064
  • Previous Sale Recording Date: Feb 28, 2002
  • Previous Sale Contract Date: Feb 15, 2002
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NEW CONCEPT FINANCE INC
  • Previous Mortgage Transaction Date: Feb 28, 2002
  • Previous Mortgage Loan Amount: $230,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2032

About Northwest Side



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Frequently Asked Questions

What neighborhood is 8553 West Foster Avenue located in?
The 8553 West Foster Avenue is a multifamily located in the neighborhood of O'Hare in Northwest Side, Chicago.
How many listings are currently for sale in 8553 West Foster Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 8553 West Foster Avenue?
The average sales price for units in 8553 West Foster Avenue is $545,000 currently.

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