Check Availability
$139,000
↓ $4K (2.8%)
House - For Sale

8720 S Michigan Avenue

Chicago, IL 60619
bedrooms
4 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1324 Sqft
$795
Estimated Monthly
$0
HOA / Fees
13.41%
Cap Rate

About This Property

AREA AFFECTIONATELY KNOWN AS WEST-CHESTERFIELD!  SOUTH CHATAM ALL BRICK VINTAGE GEORGIAN!  LARGE FRONT PORCH!  EXTRA DEEP REAR YARD, DECK, AND DETACHED 2-CAR GARAGE! MODERN KITCHEN HAS STAINLESS-STEEL APPLIANCES AND OPEN TO DINING ROOM OR BREAKAST ROOM ALLOWING YOU TO CHOSE HOW FORMAL OR IN-FORMAL!  1ST FLOOR BONUS ROOM CURRENTLY USED AS A FORMAL DINING ROOM CAN BE A 4TH MAIN-LEVEL BEDROOM, OR DEN, OR IN-HOME OFFICE, OR HOBBY ROOM!  FORMAL LIVING ROOM HAS CRAFTSMAN STYLE STAIRCASE LEADING TO UPPER-LEVEL LANDING WITH BUILT-IN LINEN CABINET, 3 BEDROOMS WITH ARCHITECTURAL DETAILS, FULL BATH WITH SOAKING TUB!  HARDWOOD FLOORS STEAL THE SHOW!  HALF BATH AND LAUNDRY AREA WITH WASHER AND DRYER IN BASEMENT!  WELL LOVED HOME WITH LOTS OF CHARACTER NEEDING SOME COSMETIC SWEAT EQUITY IMPROVEMENTS!  THIS IS AN ESTATE-SALE OFFERED-AS-IS!  FULLY RENOVATED HOMES IN AREA SELLING IN THE $225K RANGE!  EXACTLY SUITED FOR AMBITIOUS BUYER WANTING EASY COMMUTE TO WORK, DINING, AND SHOPPING IN A BELOVED LIFETIME NEIGHBORHOOD WELL KNOWN FOR THE PREVIOUS GENERATION PASSING ON THEIR HOME TO THE NEXT GENERATION WHO TENDS TO STAY PUT!  YOU CAN STOP SEARCHING FOR A DISTINCTIVE HOME!  THIS FIXER-UPPER IS IDEAL FOR FHA203K!

The manager has listed the unit size as 1324 square feet.
Unit Size
1,324Ft²
Days on Market
198 days
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
1918
Listed By
Last updated: 4 days ago (MREDIL #11909640)

Price History

Date / Event Date Event Price
Apr 11, 2024 Price Decreased $139,000
↓ $4K (2.8%)
Price Decreased
Jan 25, 2024 Price Decreased $143,000
↓ $6K (4%)
Price Decreased
Jan 19, 2024 Price Decreased $149,000
↓ $5K (3.3%)
Price Decreased
Jan 11, 2024 Price Decreased $154,000
↓ $5K (3.1%)
Price Decreased
Dec 7, 2023 Price Decreased $159,000
↓ $5K (3.1%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,890
  • Lot Size Depth Feet: 300
  • Lot Size Frontage Feet: 1,630
  • Total Building Area: 1,324
  • Gross Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GARDEN HOMES
  • Land Acres: 0.112
  • Legal Description 1: (GARDEN) (HOMES) BEING A SUB OF NW NW SEC 03-37-14

Ownership

  • Current Owner : HARMON ANTOINETTE
  • Previous Owner : ROBINSON SHEILA A
  • Owner Before Previous Owner: JOHNSON JAMES R
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 440600

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 02, 2047
  • District: 70
  • Parcel: 25-03-101-031-0000
  • Lot: 183
  • Meridian: SEC 03 TWN 37N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7357
  • Longitude: -87.6213

    Address

  • Full Address: 8720 S Michigan Ave
  • Address - House Number: 8720
  • Street Direction: S
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C016
  • 4-Digit Zip Code: 6631
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,357
  • Tax Rate Code Area: 70002

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 135,393
  • High Value: 149,083
  • Low Value: 121,704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,600
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 04, 2010
  • First Open Lien Mortgage Loan Amount: $164,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2040

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $48,900
  • Market Improvement Value: $51,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $4,890
  • Assessed Improvements Value: $5,110

    Sales

  • Current Sale Contract Date: Jul 03, 2006
  • Current Sale Recording Date: Aug 16, 2006
  • Current Sale Transaction ID: 1042448488
  • Current Sale Price: $169,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 0622826175
  • Previous Sale Recording Date: Jun 27, 1994
  • Previous Sale Contract Date: Jun 16, 1994
  • Previous Sale Amount: $84,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Mortgage Transaction Date: Aug 16, 2006
  • First Mortgage Loan Amount: $169,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Aug 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: MIDWEST NATIONAL MTG CORP
  • Previous Mortgage Transaction Date: Jun 27, 1994
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $84,407
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jul 01, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
1,669 ft²
$88/ft²
$147,000 Jun 21, 2023
-
$335/mo
House
4 Beds
2.5 Baths
2,435 ft²
$78/ft²
$190,000 Aug 30, 2023
-
$162/mo
Multifamily
6 Beds
-
-
$195,000 Sep 29, 2023
-
$369/mo
Multifamily
6 Beds
-
-
$150,000 Oct 3, 2023
-
$151/mo
Commercial
Loft
-
3,400 ft²
$47/ft²
$160,000 Mar 18, 2023
-
$357/mo

About South Side


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Frequently Asked Questions

When was property at 8720 South Michigan Avenue built and last sold?
The property at 8720 South Michigan Avenue was built in 1918 and last sold on Jul 3, 2006 for $169,000.
How much is this home worth?
The estimated value of the home located at 8720 South Michigan Avenue is $171,226.
What are some comparable homes to 8720 South Michigan Avenue?
Homes that are comparable to 8720 South Michigan Avenue include a multifamily property at 742 East 88th Street, a commercial property at 31 East 89th Street, a house property at 8258 South Calumet Avenue.

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