NOT LISTED FOR SALE

7224 S Paxton Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $115,000 - $177,000

2 Beds
1 Bath
880 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2019

Last sale price $93,000 $106 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $856 / mo

278 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bathroom on Main Level
  • Den
  • Breakfast Bar
  • Forced Air Heating System

About This Home

As of September 2019

SELLERS ARE EXTREMELY MOTIVATED AND IT IS REFLECTED IN THIS GREATLY REDUCED PRICE!!! BRING ALL OFFERS! We are proud to present this rehabbed (2 BED + DEN) Victorian cottage to your buyers and investors. This home is nestled in the heart of South Shore, is move-in ready, and offers tons of opportunity for expansion. In this property you will find: Refinished original hardwood floors in the living and dining room, updated electrical system, new light fixtures and ceiling fans, new plumbing, new roof, new front porch, new windows, new appliances in the kitchen, and a fully-functioning wood burning fireplace. The large, full basement has a dedicated laundry area, and the space needed to add extra living space, a bedroom, and bathroom. Your buyers NEED to see this gem. This property is perfect for rental, home share, or you could build new in FRONT and enjoy rental income from this coach house! MUST SEE TO BELIEVE!

Last Agent to Sell the Property

Richard Guss

DPA Realty LLC License #475168574 Listed on: 10/30/2018

Last Buyer's Agent

Susan Zilligen

Exit Strategy Realty License #475112300

Exit Strategy Realty

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1875 | 2018

Lot Details

  • 2,614

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Wood Burning Fireplace
  • Den
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Breakfast Bar

Outdoor Features

  • Porch

Utilities

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

Home Details

Home Type

Single Family

Year Built | Renovated

1875 | 2018

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2018
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1875
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1875
  • Year Renovated: 2018

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X10, On Level: Main Level
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X10, On Level: Main Level
  • Kitchen Type: Dimensions: 10X8, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 10X11, On Level: Main Level
  • Additional Room 1 Name: Den, Dimensions: 6X5, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 880

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch
  • Acreage: 0.0657

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 500

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 24X55X71X21X126
  • Parcel Identification Number: 20252090300000

Tax Info

  • Taxes: 1025.31

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
Oct 30, 2018
Closed on
Sep 9, 2019
Sold by
Bought by
Seller's Agent
Richard Guss
DPA Realty LLC
Buyer's Agent
Susan Zilligen
Exit Strategy Realty
List Price
$145,000
Sold Price
$93,000
Premium/Discount to List
-$52,000
-35.86%
Current Estimated Value
$136,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,174
Avg. Annual Appreciation
5.78%
Original Mortgage
$74,400
Interest Rate
0.0425%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 24, 2018
Sold by
Bought by
Seller's Agent
JoLean Washington Gray
Gray Realty Group Inc.
Buyer's Agent
Richard Guss
DPA Realty LLC
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.83%

Purchase Details

Closed on
Jul 13, 2016
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$93,000 None Available
$30,000 First American Title
-- None Available
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 $74,400
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 Prior Sale
09/27/2019 09/27/19 Sold $93,000 -6.9% $106 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/05/2019 07/05/19 Price Changed $99,900 -16.0% $114 / Sq Ft
06/22/2019 06/22/19 Price Changed $118,900 -0.9% $135 / Sq Ft
06/06/2019 06/06/19 Price Changed $120,000 -6.3% $136 / Sq Ft
05/16/2019 05/16/19 Price Changed $128,000 -0.8% $145 / Sq Ft
05/03/2019 05/03/19 Price Changed $129,000 -2.3% $147 / Sq Ft
04/17/2019 04/17/19 Price Changed $132,000 -1.9% $150 / Sq Ft
04/04/2019 04/04/19 Price Changed $134,500 -2.5% $153 / Sq Ft
02/26/2019 02/26/19 Price Changed $138,000 -0.7% $157 / Sq Ft
12/06/2018 12/06/18 Price Changed $139,000 -4.1% $158 / Sq Ft
10/30/2018 10/30/18 For Sale $145,000 +383.3% $165 / Sq Ft
04/25/2018 04/25/18 Sold $30,000 -25.0% $10 / Sq Ft View Prior Sale
04/04/2018 04/04/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $40,000 -- $14 / 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 $1,395 $5,432 $2,739 $2,693
2024 $1,395 $5,432 $2,739 $2,693
2023 $1,355 $6,587 $3,580 $3,007
2022 $1,355 $6,587 $3,580 $3,007
2021 $1,324 $6,586 $3,580 $3,006
2020 $1,342 $6,023 $3,580 $2,443
2019 $1,360 $6,767 $3,580 $3,187
2018 $1,337 $6,767 $3,580 $3,187
2017 $1,025 $4,763 $3,149 $1,614
2016 $954 $4,763 $3,149 $1,614
2015 $873 $4,763 $3,149 $1,614
2014 $1,062 $5,725 $2,577 $3,148
2013 $1,041 $5,725 $2,577 $3,148
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Guss

    DPA Realty LLC

    Section Image

  • S

    Buyer's Agent in 2019

    Susan Zilligen

    Exit Strategy Realty

    (224) 805-0825

    10 Total Sales

    Susan Zilligen
    Section Image

  • J

    Seller's Agent in 2018

    JoLean Washington Gray

    Gray Realty Group Inc.

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10125929

Midwest Real Estate Data (MRED)

APN: 20-25-209-030-0000

Illinois Cook County Chicago 60649 South Shore

7224 S Paxton 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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