NOT LISTED FOR SALE

7118 W 72nd Place Chicago, IL 60638

Estimated Value: $260,000 - $277,000

4 Beds
1 Bath
1,374 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $220,000 $160 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,777/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near a park
  • Main Floor Bedroom
  • Mature Trees
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of July 2021

**Multiple Offers! Highest & Best due by June 5th @10am** Location! Location! Location! 4 bedroom Cape Cod within City of Chicago limits with suburban schools. Fully fenced in yard, 1.5 car garage with asphalt driveway. Newer windows, HWH and furnace. Hardwood floors under carpeting. Enclosed patio off the back of the house for extra family area. Well cared for and loved home and ready for the next family to come through and put their own touches on it. Estate sale being sold As-Is.

Last Agent to Sell the Property

Valerie Shalati

Village Realty, Inc. License #471004224 Listed on: 06/02/2021

Village Realty, Inc.

Last Buyer's Agent

Alberto Mendez

Realmart Realty Inc License #475111402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 1954

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 50 x 134
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,374 Sq Ft Home
  • 1.5-Story Property
  • Window Treatments
  • Sun or Florida Room
  • Screened Porch
  • Crawl Space
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Location

  • Property is near a park

Schools

  • Rosa G Maddock Elementary School
  • Liberty Junior High School
  • Reavis High School

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,318

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Some Carpeting, Some Window Treatmnt, Some Wood Floors
  • LivingArea: 1374
  • Room Type: Sun Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Porch, Porch Screened, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 4
  • Number of Cars: 5.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Unit, In Kitchen
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rosa G Maddock Elementary School
  • High School: Reavis High School
  • Middle/Junior School: Liberty Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.154
  • Lot Dimensions: 50 X 134
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Year: 2019
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 27, 2021
Sold by
Jaral Steven George and Joan Jaral Revocable Trust
Bought by
Sanchez Jorge A Gaytan and Quevedo Luciana Solorzano
Seller's Agent
Valerie Shalati
Village Realty, Inc.
Buyer's Agent
Alberto Mendez
Realmart Realty Inc
List Price
$199,500
Sold Price
$220,000
Premium/Discount to List
$20,500
10.28%
Current Estimated Value
$270,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,606
Avg. Annual Appreciation
4.99%
Original Mortgage
$198,000
Outstanding Balance
$184,559
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$86,047

Purchase Details

Closed on
Apr 17, 2002
Sold by
Jaral Joan
Bought by
The Joan Jaral Revocable Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Sanchez Jorge A Gaytan $220,000 Fidelity National Title
The Joan Jaral Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jorge A Gaytan $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $220,000 +10.3% $160 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $199,500 -- $145 / 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 $4,318 $19,001 $3,518 $15,483
2023 $4,534 $19,001 $3,518 $15,483
2022 $4,534 $13,391 $3,015 $10,376
2021 $526 $13,390 $3,015 $10,375
2020 $526 $13,390 $3,015 $10,375
2019 $526 $13,728 $2,680 $11,048
2018 $0 $13,728 $2,680 $11,048
2017 $0 $13,728 $2,680 $11,048
2016 $526 $10,444 $2,177 $8,267
2015 $533 $10,444 $2,177 $8,267
2014 $508 $10,444 $2,177 $8,267
2013 $477 $11,365 $2,177 $9,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11107359

Midwest Real Estate Data (MRED)

APN: 19-30-104-016-0000