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8723 South Halsted Street

8723 South Halsted Street, Chicago, IL 60620
House in Gresham
Sold Aug 18, 2021
$171,000
$165,870 by The Huntington National Bank
Mortgage Due Aug 01, 2051
Sold Jan 19, 2021
$34,000
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8723 South Halsted Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1966 and is 58 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8723 South Halsted Street has 1,060 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,080 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a no garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Jun 24, 2021 for $171,000. That's $161.32 per sqft. Prior to that sales transaction, the property was also sold in Jul 1, 2020 for $34,000. 8723 South Halsted Street was last assessed in 2022. The total value of the property was assessed at $5,500. Specifically, the land the property is located on was valued at $2,025. While improvements on the property were assessed at a total of $3,475. 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 $1,135. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1966
  • Effective Year Built: 1966
  • 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: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,700
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,060
  • Gross Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESUBDIVISION OF BLK 12 & PT OF BLKS 5
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF BLK 12 & PT OF BLKS 5-8 OF SOUTH E NGLEWOOD SEC 04-37-14

Ownership

  • Current Owner : CARROLL PRISCILLA A
  • Previous Owner : OPTIMAUX REAL ESTATE LLC
  • Owner Before Previous Owner: PNC BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 711500

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Dec 02, 2035
  • District: 72
  • Parcel: 25-04-100-009-0000
  • Block: 5-8,1
  • Lot: 8
  • Meridian: SEC 04 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7352
  • Longitude: -87.6432

    Address

  • Full Address: 8723 S Halsted St
  • Address - House Number: 8723
  • Street Direction: S
  • Address - Street Name: Halsted
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C077
  • 4-Digit Zip Code: 2647
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,135
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 62
  • Final Value: 170,000
  • High Value: 191,000
  • Low Value: 151,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,870
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $165,870
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $55,000
  • Market Land Value: $20,250
  • Market Improvement Value: $34,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,500
  • Assessed Land Value: $2,025
  • Assessed Improvements Value: $3,475

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11850300429
  • Current Sale Price: $171,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2123006149
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Jul 01, 2020
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $165,870
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 8723 South Halsted Street located in?
The 8723 South Halsted Street is a house located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 8723 South Halsted Street?
The average sales price for units in 8723 South Halsted Street is $0 currently.

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