NOT LISTED FOR SALE

7247 W Rascher Ave Chicago, IL 60656

Norwood Park Neighborhood

Estimated Value: $313,000 - $379,000

2 Beds
2 Baths
1,146 Sq Ft
$295/Sq Ft Est. Value

Last Sold January 10, 2017

Last sale price $230,000 $201 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,201/month

14 Days on Market

Highlights

  • Recreation Room
  • Fenced Yard
  • Patio
  • End Unit
  • Detached Garage
  • Storage

About This Home

As of January 2017

Bigger row townhome w basement offering major improvements/features that other row homes don't have. #1. Large 1 1/2 car front load garage accessible from the front of home and driveway (no alley access required). #2. 13x13 family room addition on first floor offers an appreciable increase in overall square footage. Instead of the customary living room right off the entrance of the home you now have a family room tucked in the back of the home as well offering privacy. #3. Extra 1/2 bath on main level is great when you have guest Otherwise, only option is second floor main bathroom. #4. Energy efficient thermopane windows throughout home. #5. Upgraded and stellar HVAC system. #6. Fenced backyard provides a multitude of use (garden, play area). #7. Long driveway accommodates multiple vehicle parking in addition to garage. Most centralized location in Chicago. Blue line is a block away, airport just west of property, Kennedy & 294 are right there.

Last Agent to Sell the Property

Jay Reid

HomeSmart Connect LLC License #471006747 Listed on: 10/31/2016

HomeSmart Connect LLC

Last Buyer's Agent

Linda DeMarco

Keller Williams Realty Ptnr,LL License #471003810

Keller Williams Realty Ptnr,LL

Property Details

Home Type

  • Multi-Family

Year Built

  • 1941

Lot Details

  • End Unit
  • Fenced Yard

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Recreation Room
  • Storage
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built

1941

Lot Details

3,485 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Unit Floor Level: 1
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 1941
  • Tax Exemptions: Homeowner
  • Type Attached: 1/2 Duplex, Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Interior Property Features: Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: TV-Cable, Ceiling Fan
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 17X13, On Level: Basement
  • Dining Room: Dimensions: 11X9, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Other, Windows: Blinds
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 1 Name: Recreation Rm, Dimensions: 17X11, On Level: Basement
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1146

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, End Unit

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 31X111X28X122
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 12122160160000

Multi Family

  • Total Number Unitsin Building: 2
  • Number Stories: 2

Tax Info

  • Taxes: 3667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2016
Closed on
Jan 10, 2017
Sold by
Wasick Kathy M and Treliving Kathy M
Bought by
Cotter Vincent P
Seller's Agent
Jay Reid
HomeSmart Connect LLC
Buyer's Agent
Linda DeMarco
Keller Williams Realty Ptnr,LL
List Price
$235,000
Sold Price
$230,000
Premium/Discount to List
-$5,000
-2.13%
Current Estimated Value
$337,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,688
Avg. Annual Appreciation
4.25%
Original Mortgage
$225,834
Outstanding Balance
$181,278
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$156,410
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Cotter Vincent P $230,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotter Vincent P $225,834
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2017 01/10/17 Sold $230,000 -2.1% $201 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $235,000 -- $205 / 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 $4,761 $22,001 $8,703 $13,298
2024 $4,761 $22,001 $8,703 $13,298
2023 $5,056 $25,882 $6,962 $18,920
2022 $5,056 $28,000 $6,962 $21,038
2021 $4,961 $28,000 $6,962 $21,038
2020 $4,558 $23,564 $4,351 $19,213
2019 $4,514 $25,895 $4,351 $21,544
2018 $4,437 $25,895 $4,351 $21,544
2017 $3,399 $19,164 $3,829 $15,335
2016 $3,338 $19,164 $3,829 $15,335
2015 $3,216 $20,173 $3,829 $16,344
2014 $3,667 $22,331 $3,481 $18,850
2013 $3,583 $22,331 $3,481 $18,850
Source: Public Records

Agents Affiliated with this Home

  • Jay Reid

    Seller's Agent in 2017

    Jay Reid

    The McDonald Group

    (847) 791-5491

    1 in this area

    187 Total Sales

    Jay Reid
    Section Image

  • L

    Buyer's Agent in 2017

    Linda DeMarco

    Keller Williams Realty Ptnr,LL

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09380855

Midwest Real Estate Data (MRED)

APN: 12-12-216-016-0000

Illinois Cook County Chicago 60656 Norwood Park

7247 W Rascher Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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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