2 months on rocket

8343 S King Dr Unit 3B, Chicago, IL, 60619

$70,000

Home List Price

$831*

Closing Credit

1 Bedroom
1 Full Bath
589 SqFt
$119/SqFt
Condo
Schools Nearby

Location

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8343 S King Dr Unit 3B, Chicago$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1966
HeatingNatural Gas, Baseboard, Other
CoolingNone
MLS #11954466
StatusActive

About 8343 S King Dr Unit 3B

EXCITING CONDO IN CHATHAM, CONVENIENTLY LOCATED NEAR PUBLIC TRANSPORTATION & JUST MINUTES AWAY FROM THE EXPRESSWAY! THIS MOVE-IN READY 1 BDRM, 1 BATH CONDO IS WAITING FOR YOU! THE BEDROOM OFFERS COZY CARPETING THAT CREATES A WARM AND INVITING ATMOSPHERE. YOU'LL ENJOY THE SPACIOUS LIVING ROOM AND THE SEPARATE EATING AREA ADJACENT TO THE KITCHEN, PERFECT FOR BREAKFAST TABLE! THIS UNIT HAS BEEN FRESHLY PAINTED IN MODERN NEUTRAL TONES, BRINGING A CONTEMPORARY VIBE. NESTLED IN A VERY CLEAN AND PEACEFUL BUILDING, YOU'LL FIND THE ULTIMATE TRANQUILITY. WITH THE ADDED BENEFIT OF IN-BUILDING LAUNDRY, YOUR LIFESTYLE IS MADE EASIER. Don't let the time on market hold you back. This was part of a larger portfolio that was being sold as a package and now is able to be sold individually, opportunity is knocking!

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 3
  • Living Area: 589 SqFt

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (630) 964-1855
  • Listing Agent: Thomas Sweeney

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Dixon Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: E 87th St to S King Dr/S Martin Luther King Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
  • Price Per SqFt: $119/SqFt

HOA Fees:

  • Amount: $229
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

8343 S King Dr Unit 3B vs Chicago

68 DAYS ON ROCKET

+28 Days

$70,000

-$276.4K Less

$119/SqFt

-$128 Less

KEY TAKEAWAY

This property is $276.4K less than the Median Sold Price and $128/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11954466

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (630) 964-1855
  • Listing Agent: Thomas Sweeney

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2024, 12:15:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$646

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-317180
6
/10
  • Dixon Elementary School

  • 8306 S Saint Lawrence Ave

  • 0.18 miles

  • Public District Grades PK-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,500. Most Chicago, IL residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8343 S King Dr Unit 3B

What is the listing price of this property?

The listing price of 8343 S King Dr Unit 3B property is $70,000.

What type of property is this?

The property 8343 S King Dr Unit 3B is a condo located in Chicago, Illinois, 60619.

Is this property for sale now?

Active Listing: 8343 S King Dr Unit 3B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8343 S King Dr Unit 3B are:
Dixon Elementary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 8343 S King Dr Unit 3B has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 8343 S King Dr Unit 3B is 589 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8343 S King Dr Unit 3B is 1966.

Rocket HomesIllinoisCook CountyChicago606198343 S King Dr Unit 3B

This home is located at 8343 S King Dr Unit 3B in Chicago, IL and zip code 60619 in the Far Southeast Side neighborhood. This 589 square foot home was built in 1966. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $70,000.

In March 2024, from all listings sold in Chicago, IL there were more than 612 sold above asking price, over 916 sold below and more than 317 were sold right at the asked price. The number of listings in Chicago, IL increased by 21.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $346,470, while the average time on the real estate market was 40 days.

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

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