Check Availability

8050 South Kingston Avenue

8050 South Kingston Avenue, Chicago, IL 60617
Property in South Chicago
Sold May 21, 2015
$219,000
$164,250 by Firstbank
Mortgage Due Apr 01, 2045
8050 South Kingston Avenue 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 2007 and is 17 years old. The home has a total of 18 rooms. 9 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 3 stories. In addition, 8050 South Kingston Avenue has 4,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,100 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. 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, 8050 South Kingston Avenue sold most recently in Mar 25, 2015 for a total of $219,000. If you work out the math, that's approximately a cost of $52.14 per sqft. 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 $5,348 in taxes each year. 8050 South Kingston Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,000. If we break it down further, the land itself was valued at $3,100. Improvements to the property, however, were assessed at a total of $22,900. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Total Building Area: 4,200
  • Gross Building Area: 4,200
  • Building Area: 4,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF 17 117 ACS LYING S OF B
  • Land Acres: 0.071
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF 17 117 ACS LYING S OF B&O RR IN NW N W SEC 31-38-15

Ownership

  • Current Owner : HU YAJUN
  • Previous Owner : AMERICAN HEARTLAND HOLDINGS LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460400

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 21-31-110-024-0000
  • Lot: 145
  • Meridian: SEC 31 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.7485
  • Longitude: -87.5629

    Address

  • Full Address: 8050 S Kingston Ave
  • Address - House Number: 8050
  • Street Direction: S
  • Address - Street Name: Kingston
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 1388
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,348
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 388,098
  • High Value: 487,264
  • Low Value: 288,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,250
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: May 21, 2015
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $164,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2045

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $31,000
  • Market Improvement Value: $229,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $3,100
  • Assessed Improvements Value: $22,900

    Sales

  • Current Sale Contract Date: Mar 25, 2015
  • Current Sale Recording Date: May 21, 2015
  • Current Sale Transaction ID: 1226232295
  • Current Sale Price: $219,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1514126022

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: May 21, 2015
  • First Mortgage Loan Amount: $164,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 01, 2045

    Financing

  • First Mortgage Financing Type: Unknown

About Far South Chicago



Similar Buildings

Property at 8050 South Kingston Avenue,

7919 South Essex Avenue

  • 1 Unit for Sale
  • 3 Stories
7919 South Essex Avenue, Chicago, IL 60617
Property at 8050 South Kingston Avenue,

7934 South Saginaw Avenue

  • 1 Unit for Sale
  • 2 Stories
7934 South Saginaw Avenue, Chicago, IL 60617
Property at 8050 South Kingston Avenue,

8212 South Saginaw Avenue

  • 1 Unit for Sale
  • 1 Story
8212 South Saginaw Avenue, Chicago, IL 60617
Property at 8050 South Kingston Avenue,

7847 South Essex Avenue

  • 1 Unit for Sale
  • 3 Stories
7847 South Essex Avenue, Chicago, IL 60649
Property at 8050 South Kingston Avenue,

7829 South Essex Avenue

  • 1 Unit for Sale
  • 3 Stories
7829 South Essex Avenue, Chicago, IL 60649
Property at 8050 South Kingston Avenue,

7825 South Phillips Avenue

  • 1 Unit for Sale
  • 3 Stories
7825 South Phillips Avenue, Chicago, IL 60649
Property at 8050 South Kingston Avenue,

2625 East 83rd Street

  • 1 Unit for Sale
  • 1 Story
2625 East 83rd Street, Chicago, IL 60617

Nearby Rentals

Unit for rent at 7608 South Saginaw, CHICAGO, IL, 60649

$1,100 /mo

  • 1 Bed
  • 1 Bath
7608 South Saginaw #3, CHICAGO, IL, 60649 Listing by Daniel Cruz
Unit for rent at 7900 Merrill, CHICAGO, IL, 60617

$1,150 /mo

  • 2 Beds
  • 1 Bath
7900 Merrill #3B, CHICAGO, IL, 60617 Listing by Daniel Cruz
Unit for rent at 7337 S South Shore Dr, CHICAGO, IL, 60649

$1,050 /mo

  • 1 Bed
  • 1 Bath
7337 S South Shore Dr #703, CHICAGO, IL, 60649 Listing by Joshua Berngard

Frequently Asked Questions

What neighborhood is 8050 South Kingston Avenue located in?
The 8050 South Kingston Avenue is a located in the neighborhood of South Chicago in Far South Chicago, Chicago.
What is the average sales price for listings in 8050 South Kingston Avenue?
The average sales price for units in 8050 South Kingston Avenue is $0 currently.

Quantcast