NOT LISTED FOR SALE

7300 S Merrill Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $194,000 - $294,000

2 Beds
1.5 Baths
1,434 Sq Ft
$163/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $185,000 $129 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,596/month

Highlights

  • Corner Lot
  • Fenced Yard
  • Bungalow
  • Formal Dining Room
  • 2 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of April 2022

Three bed room Brick Bungalow . Full basement and attic. Repairs required throughout the house. Corporate owned property . No survey will be supplied, taxes pro-rated at 100%. . Pre approval letter or proof of funds required w/all offers. Come with your vision . Sold As is.

Last Agent to Sell the Property

Geraldine Banks

Banks Realty License #471001520 Listed on: 10/27/2021

Last Buyer's Agent

Geraldine Banks

Banks Realty License #471001520 Listed on: 10/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1922

Lot Details

  • 6,037 Sq Ft Lot
  • Lot Dimensions are 45 x 130
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,434 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Bungalow

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,637

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1922
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1434
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished,Exterior Access
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Full,Unfinished

Exterior Features

  • List Price: 90000
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1386
  • Lot Dimensions: 45 X 130
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 2636.96
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Apr 26, 2022
Sold by
Hill Fredrick and Hill Lakesha Wilson
Bought by
Coleman Theresa
Seller's Agent
Geraldine Banks
Banks Realty
Buyer's Agent
Geraldine Banks
Banks Realty
List Price
$90,000
Sold Price
$185,000
Premium/Discount to List
$95,000
105.56%
Current Estimated Value
$233,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,600
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Jan 23, 2021
Sold by
Hill Lakesha Wilson and Hill Frederick
Bought by
Hill Frederick

Purchase Details

Closed on
Jul 21, 2010
Sold by
Hill Frederick
Bought by
Hill Frederick and Hill Lakesha Wilson

Purchase Details

Closed on
Jul 10, 2007
Sold by
Fannie Mae
Bought by
Hill Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
10.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2007
Sold by
Robinson Eddie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2001
Sold by
Laws Antoinette D
Bought by
Robinson Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.69%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Mial Paul D and Mial Donna M
Bought by
Laws Antoinette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.87%
Source: Public Records

Range of Values:

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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
Coleman Theresa $185,000 Spivack Aaron
Hill Frederick -- Attorney
Hill Frederick -- None Available
Hill Frederick -- Git
Federal National Mortgage Association -- None Available
Robinson Eddie $170,000 First American Title
Laws Antoinette D $140,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Frederick $171,000
Previous Owner Robinson Eddie $161,500
Previous Owner Laws Antoinette D $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $185,000 +105.6% $129 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $90,000 -- $63 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $4,446 $14,400 $5,433 $8,967
2023 $3,616 $21,000 $7,546 $13,454
2022 $3,616 $21,000 $7,546 $13,454
2021 $3,553 $20,999 $7,546 $13,453
2020 $2,898 $16,110 $7,546 $8,564
2019 $2,868 $17,704 $7,546 $10,158
2018 $2,819 $17,704 $7,546 $10,158
2017 $3,112 $17,832 $6,640 $11,192
2016 $3,071 $17,832 $6,640 $11,192
2015 $2,787 $17,832 $6,640 $11,192
2014 $2,642 $16,807 $5,433 $11,374
2013 $2,579 $16,807 $5,433 $11,374
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Geraldine Banks

    Banks Realty

    (708) 351-7272

    1 in this area

    20 Total Sales

    Geraldine Banks
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11257049

Midwest Real Estate Data (MRED)

APN: 20-25-215-015-0000

Illinois Cook County Chicago 60649 South Shore

7300 S Merrill Ave, Chicago, IL

This home is located at 7300 S Merrill Ave, Chicago, IL 60649 since 27 October 2021 and is currently estimated at $233,600, approximately $162 per square foot. This property was built in 1922. 7300 S Merrill Ave is a home located in Cook County with nearby schools including Bouchet Elementary Math & Science Academy, St Philip Neri Elementary School, and Muhammad University.

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