8553 S Wallace St, Chicago IL 60620
2 br 1 ba Single-Family Home| $29,900 |
Price reduced by $9,100
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 06998222 |
| Full bathrooms | 1 |
| Days on Trulia | 180+ |
| ZIP code | 60620 |
| Neighborhood | Auburn Gresham |
| Total views (as of 7/12/09) |
12 |
Public Records
| Street # | 8553 |
| Street | S Wallace St |
| City | Chicago |
| ZIP code | 60620 |
| Baths | 1.00 |
| Year built | 1924 |
| Sqft | 630 sqft |
| Lot Size | 0.07 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 06/30/2009 | Price change | $29,900 | remaxcity.com |
| 06/10/2009 | Price change | $39,000 | remaxcity.com |
| 04/02/2009 | Price change | $49,900 | remaxcity.com |
| 01/19/2001 | Sold | $70,000 | Public record |
Contact info
Rod Batres
Re/Max City
Provided by: remaxcity.com
Street view
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This property
$29,900
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Similar homes for sale
$31,767
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$31,250
$31,250
Similar homes for sale
Average listing price is $31,767
Recently sold homes
Average sales price is $31,250
| This home | ||
|---|---|---|
| Listing price: | $29,900 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $31,767 | -6% |
| Avg. sales price: | $31,250 | -4% |
| Compared to Auburn Gresham | ||
|---|---|---|
| Avg. listing price: | $138,142 | -78% |
| Avg. sales price: | $90,407 | -67% |
| Avg. price/sqft: | $55 | |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $29,900 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | -94% |
| Avg. sales price: | $302,073 | -90% |
| Avg. price/sqft: | $142 | |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
Ryder Elementary School
Chicago Public School District 299 |
Public | 0.17 | ||
| Poor leadership. High teacher turnover rates. I hope a change comes soon. | ||||
|
Morgan Elementary School
Chicago Public School District 299 |
Public | 0.24 | ||
| I have two kids at this school and I can say that Morgan is the worst school in Chicago. The school or should I say the teachers at this school don't have… | ||||
|
Gresham Elementary School
Chicago Public School District 299 |
Public | 0.37 | ||
| Great school the pre-K Room 112 is the best in the city if chicago | ||||
|
Mahalia Jackson Elementary School
Chicago Public School District 299 |
Public | 0.51 | ||
| Jackson is a wonderful school, with great teachers, respectful students, it is a great facility, especially the new edition. | ||||
|
Westcott Elementary School
Chicago Public School District 299 |
Public | 0.77 | ||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:8553 S Wallace St, Chicago IL 60620 |
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Recent Q&A in Auburn Gresham, Chicago, IL
| Communities near 8553 S Wallace St, Chicago | ||||||||||||||
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This Single-Family Home located at 8553 S Wallace St, Chicago IL, 60620 is currently for sale and has been listed on Trulia for 293 days. This property is listed by remaxcity.com for $29,900. 8553 S Wallace St has has 2 beds and 1 bath. 8553 S Wallace St is in the Auburn Gresham neighborhood in Chicago and in ZIP Code 60620. The list price of $29,900 is 78% lower than the average list price of $138,142 for Auburn Gresham real estate, 78% lower than the average list price of $136,919 for 60620 real estate, and 94% lower than the average list price of $460,585 for Chicago, IL real estate. The price for this property is 67% lower than the average sales price of $90,407 for Auburn Gresham, 69% lower than the average sales price of $95,327 for 60620, and 90% lower than the average sales price of $302,073 for Chicago.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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