NOT LISTED FOR SALE

7016 S Cornell Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $231,284 - $377,000

4 Beds
3 Baths
1,500 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $200,000 $133 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,681/month

38 Days on Market

Highlights

  • Central Air
  • 3-minute walk to Stony Island Station
  • 4-minute walk to Chestnut Park

About This Home

As of November 2020

A true, once in a lifetime opportunity! This newly-remodeled 4 bedroom, 2 1/2 bath luxury home is located in the historic South Shore area. In walking distance from the Lakefront, this home features new central air conditioning, furnace, hot water heater and hardwood floors. Amenities include: quartz counter tops, stainless steel appliances, including washer and dryer, exposed brick walls, luxurious spa shower and Jacuzzi tub. Large back porch and spacious finished basement are ideal for entertaining. This is a must see! Won't be available for long! Schedule with an agent and make all of your home aspirations and investment dreams come true today.

Last Agent to Sell the Property

Arianne Kendrick

Coldwell Banker Realty License #475169303 Listed on: 08/13/2020

Coldwell Banker Realty

Last Buyer's Agent

Maria Almaraz

Midwest SignatureProperties Co License #475189912

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,117

Year Built | Renovated

  • 1880 | 2020

Lot Details

  • 3,920

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,117

Year Built | Renovated

1880 | 2020

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 1 Story
  • Estimated Year Built: 1880
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880
  • Year Renovated: 2020

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 14X18, On Level: Main Level
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 9X9, On Level: Basement
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Bedroom 4: Dimensions: 9X10, On Level: Main Level
  • Estimated Sq Ft: 1500

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.0935

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 4075
  • Parcel Identification Number: 20243230200000

Tax Info

  • Taxes: 1622.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 2, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Huerta Jose M
Seller's Agent
Arianne Kendrick
Coldwell Banker Realty
Buyer's Agent
Maria Almaraz
Midwest SignatureProperties Co
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$286,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,071
Avg. Annual Appreciation
7.44%
Original Mortgage
$196,377
Outstanding Balance
$174,590
Interest Rate
2.75%
Mortgage Type
FHA
Estimated Equity
$111,481

Purchase Details

Closed on
Jan 13, 2006
Sold by
City Of Chicago
Bought by
Crawford Nigel J

Purchase Details

Closed on
Mar 25, 2005
Sold by
Crawford Nigel
Bought by
Prairie Bank & Trust Co and Trust #05-076

Purchase Details

Closed on
Oct 17, 2003
Sold by
Hud
Bought by
Crawford Nigel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,550
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2001
Sold by
Beal
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huerta Jose M $185,000 First American Title
Crawford Nigel J $48,000 None Available
Prairie Bank & Trust Co -- --
Crawford Nigel -- Stewart Title Company
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huerta Jose M $196,377
Previous Owner Crawford Nigel $80,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $200,000 +0.1% $133 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $199,900 0.0% $133 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $199,900 -- $133 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,117 $9,600 $3,056 $6,544
2023 $2,057 $10,000 $5,094 $4,906
2022 $2,057 $10,000 $5,094 $4,906
2021 $2,011 $9,999 $5,093 $4,906
2020 $1,616 $10,356 $3,667 $6,689
2019 $1,623 $11,507 $3,667 $7,840
2018 $1,710 $12,090 $3,667 $8,423
2017 $1,135 $8,650 $3,260 $5,390
2016 $1,232 $8,650 $3,260 $5,390
2015 $1,104 $8,650 $3,260 $5,390
2014 $1,030 $8,119 $2,852 $5,267
2013 $998 $8,119 $2,852 $5,267
Source: Public Records

Agents Affiliated with this Home

  • Arianne Kendrick

    Seller's Agent in 2020

    Arianne Kendrick

    Coldwell Banker Realty

    (708) 615-1331

    1 in this area

    26 Total Sales

    Arianne Kendrick
    Section Image
  • Maria Almaraz

    Buyer's Agent in 2020

    Maria Almaraz

    Midwest SignatureProperties Co

    (708) 834-3014

    212 Total Sales

    Maria Almaraz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10816648

Midwest Real Estate Data (MRED)

APN: 20-24-323-020-0000

Illinois Cook County Chicago 60649 South Shore

7016 S Cornell Ave, Chicago, IL

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