27 days on rocket

1116 Chicago Ave, Memphis, TN, 38107

$89,900

Home List Price

$1,068*

Closing Credit

4 Bedrooms
1 Full Bath
House
Schools Nearby

Location

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1116 Chicago Ave, Memphis$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1930
HeatingOther
CoolingWindow Unit(s)
FireplaceIn Other Room
MLS #10169317
StatusActive

About 1116 Chicago Ave

Discover potential in this versatile 4-bedroom, 1-bathroom residence, close to public transportation. Maintained with recent updates, including a new roof. All furniture is negotiable. Selling as is. Do not disturb tenants

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: The Home Partners Realty

Interior Features

Interior Information:

  • Flooring Type: Other (See REMARKS)
  • Fireplace: In Other Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Iron Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Fencing

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

  • Directions: From Chelsea to Breedlove. Breedlove to Chicago. Make right on Chicago. House on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900

Tax Information:

  • Annual Amount: $279
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$200.1K

Med. Price/SqFt

$127

# of Sold Homes

389

1116 Chicago Ave vs Memphis

27 DAYS ON ROCKET

$89,900

-$110.2K Less

KEY TAKEAWAY

This property is $110.2K less than the Median Sold Price in Memphis, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10169317

Listing Office:

  • Office Name: The Home Partners Realty

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 7:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2007Home Sold
$13,511
Feb 16, 2000Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2021$279$3,850
2020$221$3,050
2019$221$3,050
2018$125$3,050
2017$188$3,050

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-4355300
1
/10

  • Memphis Virtual School

  • 3772 Jackson Ave

  • 4.65 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,846. The majority of Memphis, TN residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1116 Chicago Ave

What is the listing price of this property?

The listing price of 1116 Chicago Ave property is $89,900.

What type of property is this?

The property 1116 Chicago Ave is a house located in Memphis, Tennessee, 38107.

Is this property for sale now?

Active Listing: 1116 Chicago Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1116 Chicago Ave are:
Memphis Virtual School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $279 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 19, 2007 for $13,511. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1116 Chicago Ave has 4 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1116 Chicago Ave is 1930.

Rocket Homes›Tennessee›Shelby County›Memphis›38107›1116 Chicago Ave

This home is located at 1116 Chicago Ave in Memphis, TN and zip code 38107 in the New Chicago neighborhood. This home was built in 1930. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $89,900.

Memphis, TN housing market in March 2024 saw over 82 listings sold above listed price, more than 107 sold at listed price and over 199 sold below. The inventory of homes for sale in Memphis, TN between February 2024 and March 2024 increased by 16%.

From Rocket Homes Real Estate and based on county public records data.

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