NOT LISTED FOR SALE

7231 W Olive Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $478,000 - $635,000

3 Beds
2 Baths
1,907 Sq Ft
$291/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Detached Garage
  • Dry Bar
  • Formal Dining Room
  • Breakfast Bar
  • Storage

About This Home

As of March 2020

***NOT ACCEPTING APPLICATIONS OR SHOWINGS UNITL FURTHER NOTICE.***Norwood Park all brick English style single family home on oversized lot! 1st floor - Living room with fireplace, dry bar with entertaining area, powder room, formal dining room and spacious kitchen. Off the kitchen is a family room. Hardwood floors throughout. 2nd floor - 3 large bedrooms. Master bedroom with full bath. Finished basement which could be used for entertaining or family room. Side drive with 2 car garage. Huge yard with trees and landscaping. Large wrap around deck! Central air/heat. Excellent location - close to 90/94 expressway, dining and shopping! ALL SHOWINGS TOOK PLACE SATURDAY, FEBRUARY 8TH BETWEEN 2-4PM.

Last Agent to Rent the Property

Naseem El-Barbarawi

Jameson Sotheby's Intl Realty License #475143691 Listed on: 02/06/2020

Jameson Sotheby's Intl Realty

Last Renter's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • 1931

Lot Details

  • 5,619

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Stucco Exterior
  • Cedar

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Dry Bar
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

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

Home Details

Home Type

Single Family

Year Built

1931

Lot Details

5,619 Sq Ft Lot

Parking

2

Rental Info

  • Available: 02/06/2020
  • Monthly Lot Rental Included: Water, Parking

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: Non-Smoking House
  • Age: 81-90 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 2
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1931
  • Type Of Rental Property: Detached
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1931

Interior Features

  • Interior Property Features: Bar-Dry, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 10X15
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 15X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 14X12
  • Third Bedroom Flooring: Hardwood
  • Above Grade Bedrooms: 3
  • Living Room Level: Main Level
  • Living Room Size: 18X12
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 14X12
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 10X22
  • Kitchen Type: Eating Area-Table Space
  • Kitchen Level: Main Level
  • Kitchen Size: 11X10
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick, Cedar, Stucco

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Side Drive
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Pet Information: Dogs OK
  • Assessed Sq Ft: 1907

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 45X125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Gaz Properties Llc
Bought by
Elenios Julian Zervas Trust and Zervas
Current Estimated Value
$554,273

Purchase Details

Closed on
Dec 26, 2014
Sold by
Zervas George
Bought by
Gaz Properties Llc

Purchase Details

Closed on
Oct 22, 2005
Sold by
Zervas George and Zervas Dimitra
Bought by
Zervas George

Purchase Details

Closed on
Mar 26, 2004
Sold by
Zervas George and Zervas Dimitra
Bought by
Zervas George and Zervas Dimitra

Purchase Details

Closed on
Apr 1, 1999
Sold by
Wolf Robert C
Bought by
Zervas George and Zervas Dimitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.94%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Lundgren John Archer and Lundgren Leonella B
Bought by
Wolf Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.25%

Purchase Details

Closed on
Jun 3, 1960
Sold by
Lundgren John A and Lundgren Amber R
Bought by
Lundgren John Archer and Lundgren Leonella B
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
Elenios Julian Zervas Trust -- None Listed On Document
Gaz Properties Llc -- None Available
Zervas George -- --
Zervas George -- --
Zervas George $265,000 Chicago Title Insurance Co
Wolf Robert C $167,000 Professional National Title
Lundgren John Archer -- --
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
Previous Owner Zervas George $200,000
Previous Owner Wolf Robert C $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Rented $2,350 +2.2% --
02/11/2020 02/11/20 Off Market $2,300 -- --
02/06/2020 02/06/20 For Rent $2,300 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $8,339 $47,001 $14,063 $32,938
2024 $8,339 $47,001 $14,063 $32,938
2023 $8,639 $39,521 $11,250 $28,271
2022 $8,639 $42,000 $11,250 $30,750
2021 $8,446 $42,000 $11,250 $30,750
2020 $7,975 $38,900 $7,031 $31,869
2019 $7,900 $42,748 $7,031 $35,717
2018 $7,766 $42,748 $7,031 $35,717
2017 $6,220 $32,270 $6,187 $26,083
2016 $5,963 $32,270 $6,187 $26,083
2015 $5,744 $33,969 $6,187 $27,782
2014 $5,493 $32,172 $5,625 $26,547
2013 $5,373 $32,172 $5,625 $26,547
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2020

    Naseem El-Barbarawi

    Jameson Sotheby's Intl Realty

    (773) 859-8686

    4 in this area

    55 Total Sales

    Naseem El-Barbarawi
    Section Image

  • N

    Tenant's Agent in 2020

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10629945

Midwest Real Estate Data (MRED)

APN: 12-01-413-008-0000

Illinois Cook County Chicago 60631 Norwood Park

7231 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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