NOT LISTED FOR SALE

7021 W 71st St Chicago, IL 60638

Estimated Value: $264,000 - $322,000

3 Beds
2 Baths
5,000 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2021

Last sale price $270,000 $54 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,918 / mo

57 Days on Market

Highlights

  • Fenced Yard
  • Attached Garage
  • Central Air
  • Porch
  • Patio

About This Home

As of February 2021

4 lots, 4 lots, 4 lots, 4 lots! A great value being sold together as a package deal. These adjacent parcels feature alley access in the back & ample street parking in the front. The 3 bedroom single-family home & seperate, two apartment, carriage house occupy one lot & small portion of another, leaving the remaining two lots completely vacant. Long driveway leads to a 2-car garage. Endless options for investors, rehabbers or DIY: - Collect rents on the main house & 2-flat or enjoy the house as your own with rental income from the 2-flat. - Tear down & build across all 4 lots. - Supplement rent with parking fees in vacant lots for special events at nearby Seat Geek Stadium. - Build additional rental properties on the vacant lots. This opportunity is in Unincorporated Cook County's Nottingham Park neighborhood.

Last Agent to Sell the Property

Jason Hinsley

Re/Max Metropolitan LLC License #471022502 Listed on: 09/18/2020

Last Buyer's Agent

Martha Ramos

Novi Terra Investments, LLC License #471017830

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • Fenced Yard

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: 4 adjacent lots
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1954
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Number Of Rooms: 3
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X15, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Bedroom 3: Dimensions: 12X12, On Level: Main Level
  • Estimated Sq Ft: 5000

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Acreage: 0.229

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Assessed Sq Ft: 1440

Schools

  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 100X100
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19301010420000

Tax Info

  • Taxes: 8182.93

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 29, 2021
Sold by
Bought by
Seller's Agent
Jason Hinsley
Re/Max Metropolitan LLC
Buyer's Agent
Martha Ramos
Novi Terra Investments, LLC
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%
Current Estimated Value
$291,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,189
Avg. Annual Appreciation
1.87%
Original Mortgage
$265,109
Interest Rate
0.0287%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Chicago Title Insurance
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $265,109
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $270,000 +0.4% $54 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $269,000 -- $54 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,136 $15,688 $1,313 $14,375
2024 $4,136 $15,688 $1,313 $14,375
2023 $4,020 $15,688 $1,313 $14,375
2022 $4,020 $12,556 $1,125 $11,431
2021 $4,037 $12,556 $1,125 $11,431
2020 $3,908 $12,556 $1,125 $11,431
2019 $4,480 $14,269 $1,000 $13,269
2018 $4,158 $14,269 $1,000 $13,269
2017 $5,096 $17,928 $1,000 $16,928
2016 $4,192 $14,114 $812 $13,302
2015 $4,091 $14,114 $812 $13,302
2014 $3,980 $14,114 $812 $13,302
2013 $4,536 $17,403 $812 $16,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10863324

Midwest Real Estate Data (MRED)

APN: 19-30-101-042-0000

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