NOT LISTED FOR SALE

7208 W Olive Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $525,000 - $556,000

3 Beds
3 Baths
1,509 Sq Ft
$361/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2018

Last sale price $405,000 $268 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,630 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Lower Floor Utility Room
  • Breakfast Bar
  • Home Office
  • Attached Garage
  • Patio

About This Home

As of August 2018

Large custom split level with sub-basement on wide 40x125 lot. 3 bedroms and 2.5 baths. Family Room with a wood-burning fireplace, bar and office area could be 4th bedroom. Spacious bedrooms on upper level. Front driveway to attached 22 foot Garage. Cherry Cabinet eat-in Kitchen with sliders to patio and leads to yard with pool. Huge sub basement great for storage and could be finished into additional living area. Overhead sewers with pump. Close to Kennedy, CTA train and parks. Short drive to O'Hare and 294 toll way.

Last Agent to Sell the Property

John Guest

Coldwell Banker Realty License #471004318 Listed on: 07/02/2018

Coldwell Banker Realty

Co-Listed By

Jack Guest

Coldwell Banker Realty License #475138340

Last Buyer's Agent

Mike Merced

Real People Realty License #475165543

Real People Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 1979

Lot Details

  • 5,009

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Dry Bar
  • Wood Burning Fireplace
  • Home Office
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sub-Basement
  • Finished Basement Bathroom

Utilities

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

Additional Features

  • Patio
  • Southern Exposure
  • Property is near bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1979

Lot Details

5,009 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Bus, Commuter Train
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Tri-Level
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1979
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1979

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors
  • Number Of Rooms: 8
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Wood Burning
  • Fireplace Location: Family Room
  • Basement: Partial
  • Basement: Finished, Sub-Basement, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Half
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 17X13, On Level: Lower, Flooring: Other
  • Dining Room: Dimensions: 13X11, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 18X14, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-Lower Level, Office
  • Master Bedroom: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Utility Room-Lower Level, Dimensions: 30X13, On Level: Lower, Flooring: Other
  • Additional Room 2 Name: Office, Dimensions: 11X11, On Level: Walkout Basement, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 16X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1509
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 23X18, On Level: Walkout Basement, Flooring: Carpet, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 40X125
  • Parcel Identification Number: 12014090250000

Tax Info

  • Taxes: 5541.20

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

Closed on
Dec 14, 2020
Sold by
Bought by
Current Estimated Value
$545,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,650
Outstanding Balance
$276,105
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$269,087

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 17, 2018
Sold by
Bought by
Seller's Agent
John Guest
Coldwell Banker Realty
Buyer's Agent
Mike Merced
Real People Realty
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$324,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.5%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Norwood Park, IL

  • Gary Machnik Real Estate Agent - Hometown Real Estate Group

    Gary Machnik

    Hometown Real Estate Group

    (833) 328-1213

    64 Total Sales

    1 in Norwood Park

    $325,000 Price

    Gary Machnik
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  • Omar Sanchez Real Estate Agent - Habloft LLC

    Omar Sanchez

    Habloft LLC

    (866) 758-0745

    54 Total Sales

    1 in Norwood Park

    $365,000 Price

    Omar Sanchez
     Section Image
  • Erik Schwab Real Estate Agent - Corcoran Urban Real Estate

    Erik Schwab

    Corcoran Urban Real Estate

    (312) 957-7984

    83 Total Sales

    1 in Norwood Park

    $500,000 Price

    Erik Schwab
     Section Image
  • Adam McDowell Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Adam McDowell

    Berkshire Hathaway HomeServices Chicago

    (888) 366-7309

    47 Total Sales

    1 in Norwood Park

    $205,000 Price

    Adam McDowell
     Section Image
  • Mark Bystrowicz Real Estate Agent - RE/MAX City

    Mark Bystrowicz

    Responds Quickly

    RE/MAX City

    (773) 915-0602

    62 Total Sales

    7 in Norwood Park

    $231K - $995K Price Range

    Mark Bystrowicz
     Section Image
  • Roberto Montaño Real Estate Agent - Engel & Voelkers Chicago

    Roberto Montaño

    Engel & Voelkers Chicago

    (866) 935-1853

    51 Total Sales

    1 in Norwood Park

    $390,000 Price

    Roberto Montaño
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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
-- Attorney
$405,000 Chicago Title
-- Ravenswood Title Companny Ll
$167,500 Mercury Title Company
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
Open $315,650
Closed $324,000
Previous Owner $165,000
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
08/20/2018 08/20/18 Sold $405,000 -3.3% $268 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $419,000 -- $278 / 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 $7,590 $47,000 $12,500 $34,500
2024 $7,590 $47,000 $12,500 $34,500
2023 $7,378 $39,290 $10,000 $29,290
2022 $7,378 $39,290 $10,000 $29,290
2021 $7,776 $42,000 $10,000 $32,000
2020 $7,283 $35,796 $6,250 $29,546
2019 $7,583 $41,174 $6,250 $34,924
2018 $7,719 $42,513 $6,250 $36,263
2017 $5,541 $29,116 $5,500 $23,616
2016 $5,331 $29,116 $5,500 $23,616
2015 $5,587 $33,115 $5,500 $27,615
2014 $5,026 $29,655 $5,000 $24,655
2013 $4,915 $29,655 $5,000 $24,655
Source: Public Records

Agents Affiliated with this Home

  • John Guest Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2018

    John Guest

    Coldwell Banker Realty

    (773) 297-8300

    1 in this area

    19 Total Sales

    John Guest
    Section Image
  • Jack Guest Real Estate Agent - Coldwell Banker Realty

    Seller Co-Listing Agent in 2018

    Jack Guest

    Coldwell Banker Realty

    (773) 443-8300

    8 in this area

    137 Total Sales

    Jack Guest
    Section Image

  • M

    Buyer's Agent in 2018

    Mike Merced

    Real People Realty

    (708) 912-7486

    2 in this area

    15 Total Sales

    Mike Merced
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10004777

Midwest Real Estate Data (MRED)

APN: 12-01-409-025-0000

Illinois Cook County Chicago 60631 Norwood Park

7208 W Olive Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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