NOT LISTED FOR SALE

7239 N Olcott Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $394,000 - $477,000

2 Beds
1.5 Baths
1,764 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $391,000 $222 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,909/month

Highlights

  • Georgian Architecture
  • 1 Car Detached Garage
  • Central Air

About This Home

As of August 2024

Edison Park brick Georgian is a nice starter home with the ability to add up to a 30ft addition making it an 'add value' property. Fantastic Deck and fenced yard. The home features 2 bedrooms, 1 bath, and refinished hardwood floors. The basement features a spacious recreation room, and the neighboring utility room has an extra abode. The front yard has an inground sprinkler system and Flood Control. There's a convenient side drive that leads to a one-car garage with an attached garden shed. The back features a spacious yard and a large deck for entertaining. Updated plumbing and electrical, Roof is approximately 5 years old, with 30/35-year architectural shingles on both the home and garage. If you wish to 'bump out' as many Georgian owners do, this 5,232 sqft area offers the opportunity to build out 30 feet per zoning. Fantastic location, within walking distance to St. Juliana and Stock. Sold 'As is'

Last Agent to Sell the Property

Sohail Salahuddin

eXp Realty License #471012075 Listed on: 07/16/2024

eXp Realty

Co-Listed By

Don Beard

Real Broker LLC License #475142936

Last Buyer's Agent

Sean Farley

Northwest Real Estate Group License #471018927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,425

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 50x125

Parking

  • 1 Car Detached Garage

Home Design

  • Georgian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,425

Year Built

Built in 1953

Lot Details

5,271 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1764
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6425
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Aug 7, 2024
Sold by
Suarez Jose and Suarez Robyn
Bought by
Minneci Scott
Seller's Agent
Sohail Salahuddin
eXp Realty
Buyer's Agent
Sean Farley
Northwest Real Estate Group
List Price
$394,500
Sold Price
$391,000
Premium/Discount to List
-$3,500
-0.89%
Views
2
Current Estimated Value
$451,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,463
Avg. Annual Appreciation
9.28%
Original Mortgage
$383,918
Outstanding Balance
$379,556
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$71,907

Purchase Details

Closed on
May 12, 2000
Sold by
Sanders Grace Hill
Bought by
Sanders Grace Hill and Ficks Carol Jean
Source: Public Records
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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
Minneci Scott $391,000 None Listed On Document
Sanders Grace Hill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minneci Scott $383,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $391,000 -0.9% $222 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $394,500 -- $224 / Sq Ft
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 $6,413 $36,000 $13,125 $22,875
2024 $6,413 $36,000 $13,125 $22,875
2023 $6,425 $30,395 $10,500 $19,895
2022 $6,425 $31,239 $10,500 $20,739
2021 $6,668 $33,158 $10,500 $22,658
2020 $6,332 $28,424 $7,087 $21,337
2019 $6,276 $31,236 $7,087 $24,149
2018 $6,631 $33,569 $7,087 $26,482
2017 $6,010 $27,917 $6,300 $21,617
2016 $5,591 $27,917 $6,300 $21,617
2015 $5,116 $27,917 $6,300 $21,617
2014 $4,678 $25,214 $5,250 $19,964
2013 $4,586 $25,214 $5,250 $19,964
Source: Public Records

Agents Affiliated with this Home

  • Sohail Salahuddin

    Seller's Agent in 2024

    Sohail Salahuddin

    eXp Realty

    (312) 818-2878

    3 in this area

    347 Total Sales

    Sohail Salahuddin
    Section Image
  • Don Beard

    Seller Co-Listing Agent in 2024

    Don Beard

    Real Broker LLC

    (773) 569-0889

    1 in this area

    71 Total Sales

    Don Beard
    Section Image

  • S

    Buyer's Agent in 2024

    Sean Farley

    Northwest Real Estate Group

    (847) 421-9535

    5 in this area

    33 Total Sales

    Sean Farley
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112629

Midwest Real Estate Data (MRED)

APN: 09-25-427-041-0000

Illinois Cook County Chicago 60631 Edison Park

7239 N Olcott Ave, Chicago, IL

Not Listed for Sale

Detached

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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