8240 S Emerald Ave, Chicago, IL 60620

5 beds2 baths1,368 sqft

Foreclosure
$37,500
Foreclosure Estimate: $96,215
Est. Mortgage
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These properties are currently listed for sale. They are owned by a bank or a lender who took ownership through foreclosure proceedings. These are also known as bank-owned or real estate owned (REO).

A Foreclosure Estimate is the price Zillow predicts a property will sell for if it's listed as a foreclosure (bank-owned property or real estate owned). Learn more

My Notes

Edit
LARGE 5-BED, 2-BATH SINGLE FAMILY HOME WITH INCREDIBLE POTENTIAL. PROPERTY IS SOLD AS-IS/WHERE-IS. NO SURVEY/DISCLOSURES. ***CORPORATE OWNED***

Facts

  • Lot: 3,750 sqft
  • Single Family
  • Built in 1895
  • 527 days on Zillow
  • Views: 2,080 all time views
  • 23 shoppers saved this home
  • Cooling: None
  • Last sold: Oct 2012 for $36,500
  • Last sale price/sqft: $27
  • MLS #: 08538566

Features

  • Parking: None

    Additional Features

    • Addtl Room 2 Level: Not Applicable
    • Addtl Room 3 Level: Not Applicable
    • Addtl Room 4 Level: Not Applicable
    • Addtl Room 5 Level: Not Applicable
    • Property Address On IDX? (Y: Yes
    • Built Before 1978 (Y: Yes
    • Sewer: Sewer-Public
    • Water: Public
    • Other Information: None
    • Listing Type: Exclusive Right To Sell
    • Special Compensation Info.: None
    • Status: Active
    • 2nd Bedroom Level: Main Level
    • Kitchen Level: Main Level
    • Living Room Level: Main Level
    • Master Bedroom Level: Main Level
    • Exterior Building Type: Frame
    • Addtl Room 1 Level: 2nd Level
    • Family Room Level: 2nd Level
    • 3rd Bedroom Level: Main Level
    • Assessment Includes: None
    • Heat: None
    • Air Conditioning: None
    • 4th Bedroom Level: 2nd Level
    • Addtl Room 1 Name: 5th Bdrm
    • Age: 100+ Years
    • Addtl Room 10 Level: Not Applicable
    • Addtl Room 6 Level: Not Applicable
    • Addtl Room 7 Level: Not Applicable
    • Addtl Room 8 Level: Not Applicable
    • Addtl Room 9 Level: Not Applicable
    • Frequency: Not Applicable
    • Compensation paid on: Gross Sale Price
    • Square Feet Source: Assessor
    • Master Bedroom Bath (Y: None
    • Additional Sales Information: Lender Owned
    • Additional Rooms: 5th Bedroom
    • Laundry Level: Not Applicable
    • Type of House: 2 Stories

    Room Types

    • Dining room

    Construction

    • Exterior material: Vinyl
    • Roof type: Other
    • Room count: 9
    • Stories: 0
    • Structure type: Ranch
    • Unit count: 1

    Other

    • Floor size: 1,368 sqft
    • Heating: None
    • Parcel #: 20331220360000
    • Zillow Home ID: 4016822

    Foreclosure Information 

    DATEForeclosed$000,000The lender, Unknown, has taken ownership of this property through a foreclosure auction for the amount of $000,000. The lender may list it for sale as a foreclosure property in the future. Zillow's Foreclosure Estimate predicts this property will sell for $000,000
    DATEForeclosure auction$000,000The owner of this property has been served a Notice of Trustee Sale which led to foreclosure and the lender taking ownership. A foreclosure auction was held on Date
    DATEHome in default$000,000The owner of this property has been served a Notice of Default. The loan in default was issued by Unknown on Date in the amount of $000,000
    DATEPrevious sale$000,000The home was last sold for $000,000.
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    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $108,107
    -$1,389 Last 30 days
    $71K
    $144K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,323/mo
    -$16 Last 30 days
    $1.1K
    $1.7K
    Zestimate range
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    $XXX,XXX
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    Comparable Homes

    Homes like this sold for $57-174K.

    $50K
    $190K

    Popularity on Zillow

    1,264 views since listing
    2,080 all-time (chart)
    23 shoppers saved
    this home to their list of favorites

    Mortgages

    Neighborhood: Gresham

    Median Zestimate

    $113,000

    -1.5%

    1-yr forecast

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    Zillow predicts Gresham home values will decrease 2.2% next year, compared to a 0.3% fall for Chicago as a whole. Among Gresham homes, this home is 68.8% less expensive than the midpoint (median) home, and is priced 72.2% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Gresham, the number of foreclosures waiting to be sold is 20.6% less than in Chicago, and 390.5% higher than the national average. This lower local number could help Gresham home values rise more quickly than other regions in Chicago.

    Learn more about forecast calculations or Gresham home values.
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