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8756 South Manistee Avenue

8756 South Manistee Avenue, Chicago, IL 60617
Multifamily in South Chicago
Sold Jun 23, 2023
$375,000
$368,207 by United Wholesale Mortgage Llc
Mortgage Due Jul 01, 2053
Sold Jul 01, 2020
$312,000
$306,348 by Loandepot.com Llc
Mortgage Due Jun 01, 2050
8756 South Manistee Avenue in Chicago, IL was first built in 1931 and is 93 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 18 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 8756 South Manistee Avenue has 3,522 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 250 ft and the linear feet between the front and back of the lot is 1,380. In total, the area measurement of the land is 3,475 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8756 South Manistee Avenue sold most recently in Jun 21, 2023 for a total of $375,000. If you work out the math, that's approximately a cost of $106.47 per sqft. Before that, the property was also sold for $312,000 in May 7, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,920 in taxes each year. 8756 South Manistee Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,000. If we break it down further, the land itself was valued at $3,475. Improvements to the property, however, were assessed at a total of $15,525. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 39
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,475
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 250
  • Total Building Area: 3,522
  • Gross Building Area: 3,522
  • Building Area: 3,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTH CHICAGO
  • Land Acres: 0.08
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SOUTH)(CHICAGO) SUB BY CAL + CHGO CANA & DOCK CO OF EH OF WH & PTS OF EH OF SEC 6 N IBL & PT OF SEC S IBL LYING N OF MICH SO

Ownership

  • Current Owner : DILLARD DAWN
  • Previous Owner : TAYLOR FREDI N
  • Owner Before Previous Owner: GIBSON GREOGRY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 26-06-106-040-0000
  • Block: 14
  • Lot: 23
  • Meridian: SEC 05 TWN 37N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.7356
  • Longitude: -87.5574

    Address

  • Full Address: 8756 S Manistee Ave
  • Address - House Number: 8756
  • Street Direction: S
  • Address - Street Name: Manistee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 3160
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,920
  • Tax Rate Code Area: 70002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $368,207
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 23, 2023
  • First Open Lien Mortgage Loan Amount: $368,207
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $34,750
  • Market Improvement Value: $155,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,475
  • Assessed Improvements Value: $15,525

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Transaction ID: 11908328918
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46061
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: May 07, 2020
  • Previous Sale Amount: $312,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 23, 2023
  • First Mortgage Loan Amount: $368,207
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Jul 01, 2020
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $306,348
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 8756 South Manistee Avenue located in?
The 8756 South Manistee Avenue is a multifamily located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 8756 South Manistee Avenue?
The average sales price for units in 8756 South Manistee Avenue is $0 currently.

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