NOT LISTED FOR SALE

7117 W 71st Place Chicago, IL 60638

Estimated Value: $253,000 - $315,000

5 Beds
2 Baths
1,385 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $76,500 $55 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,890/month

18 Days on Market

About This Home

As of December 2018

Calling all investors and savvy homeowners. Great opportunity to own in the Nottingham Park Neighborhood. Property is a full gut-rehab so bring your ideas to turn this one around. Schedule a showing today!

Last Agent to Sell the Property

Anthony Disano

Parkvue Realty Corporation License #471010606 Listed on: 11/16/2018

Co-Listed By

Bill Volpe

Parkvue Realty Corporation

Last Buyer's Agent

Denise Jurgensen

Mike Kleiman R E Appraisals License #157001027

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,508

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1947
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 6700
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2507.59
  • Tax Year: 2016

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Dec 21, 2018
Sold by
Nrz Vi B Llc
Bought by
Torre Jose De La
Seller's Agent
Anthony Disano
Parkvue Realty Corporation
Buyer's Agent
Denise Jurgensen
Mike Kleiman R E Appraisals
List Price
$79,900
Sold Price
$76,500
Premium/Discount to List
-$3,400
-4.26%
Current Estimated Value
$281,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,007
Avg. Annual Appreciation
20.98%

Purchase Details

Closed on
Aug 23, 2018
Sold by
Kowalski Marilyn
Bought by
Nrz Reo Vi B Llc
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
Torre Jose De La $76,500 Stewart Title Guaranty Compa
Nrz Reo Vi B Llc -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $76,500 -4.3% $55 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $79,900 -- $58 / 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 $4,956 $18,001 $3,518 $14,483
2023 $3,501 $18,001 $3,518 $14,483
2022 $3,501 $10,341 $3,015 $7,326
2021 $3,325 $10,341 $3,015 $7,326
2020 $3,218 $10,341 $3,015 $7,326
2019 $3,903 $12,430 $2,680 $9,750
2018 $3,194 $13,868 $2,680 $11,188
2017 $3,130 $13,868 $2,680 $11,188
2016 $2,508 $10,535 $2,177 $8,358
2015 $2,382 $10,535 $2,177 $8,358
2014 $2,116 $10,535 $2,177 $8,358
2013 $3,231 $12,020 $2,177 $9,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10139937

Midwest Real Estate Data (MRED)

APN: 19-30-102-007-0000