NOT LISTED FOR SALE

7224 W Olive Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $513,000 - $569,000

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

About This Home

This home is located at 7224 W Olive Ave, Chicago, IL 60631 and is currently estimated at $544,610, approximately $360 per square foot. 7224 W Olive Ave is a home located in Cook County with nearby schools including Edison Park Elementary School, William Howard Taft High School, and Immaculate Conception School.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Jun 23, 2017
Sold by
Bought by
Current Estimated Value
$544,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$266,283
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$278,327

Purchase Details

Closed on
Dec 11, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 2010
Sold by
Bought by
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

  • Pearce Lashmett Real Estate Agent - Jameson Sotheby's Intl Realty

    Pearce Lashmett

    Responds Quickly

    Jameson Sotheby's Intl Realty

    (844) 225-2586

    57 Total Sales

    1 in Norwood Park

    $232,500 Price

    Pearce Lashmett
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  • Michael Sorensen Real Estate Agent - Chicagoland Brokers, Inc.

    Michael Sorensen

    Chicagoland Brokers, Inc.

    (888) 604-7961

    81 Total Sales

    2 in Norwood Park

    $144K - $330K Price Range

    Michael Sorensen
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  • Patty Cerny Real Estate Agent - Compass

    Patty Cerny

    Compass

    (773) 906-7040

    129 Total Sales

    7 in Norwood Park

    $309K - $635K Price Range

    Patty Cerny
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  • Dave Johnson Real Estate Agent - City and Field Real Estate

    Dave Johnson

    City and Field Real Estate

    (872) 228-2280

    83 Total Sales

    1 in Norwood Park

    $475,000 Price

    Dave Johnson
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  • Elizabeth Goodchild Real Estate Agent - Realty of America

    Elizabeth Goodchild

    Realty of America

    (224) 479-1826

    485 Total Sales

    3 in Norwood Park

    $185K - $420K Price Range

    Elizabeth Goodchild
     Section Image
  • Gayle Stellas Real Estate Agent - Baird & Warner

    Gayle Stellas

    Baird & Warner

    (630) 626-8270

    74 Total Sales

    1 in Norwood Park

    $615,000 Price

    Gayle Stellas
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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
$410,000 Chicago Title Insurance Comp
$350,000 Attorneys Title Guaranty Fun
-- 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 $328,000
Source: Public Records

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 $4,221 $48,000 $12,500 $35,500
2024 $4,221 $48,000 $12,500 $35,500
2023 $4,669 $41,000 $10,000 $31,000
2022 $4,669 $41,000 $10,000 $31,000
2021 $4,042 $41,000 $10,000 $31,000
2020 $4,171 $37,148 $6,250 $30,898
2019 $4,158 $40,823 $6,250 $34,573
2018 $4,095 $40,823 $6,250 $34,573
2017 $5,171 $30,096 $5,500 $24,596
2016 $6,028 $30,096 $5,500 $24,596
2015 $5,805 $31,681 $5,500 $26,181
2014 $4,517 $32,190 $5,000 $27,190
2013 $4,533 $32,190 $5,000 $27,190
Source: Public Records

Map

Illinois Cook County Chicago 60631 Norwood Park

7224 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.

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