NOT LISTED FOR SALE

7307 W Diversey Ave Elmwood Park, IL 60707

Estimated Value: $325,000 - $395,000

4 Beds
2.5 Baths
1,643 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $260,000 $158 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,405/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1.5 Car Attached Garage
  • Laundry Room
  • Formal Dining Room
  • Living Room
  • 3-minute walk to Bambi Park

About This Home

As of March 2023

Don't pass the opportunity to own this brick mixed use building where you can live and have a business, if not rent out the space for additional revenue. On a desirable corner of Diversey Ave blocks from Harlem Ave. The first floor has approximately 500 square feet, has a half bathroom plus storage and mechanical space in the back. The 2nd and 3rd floor are the single family residence consisting of 2 bedrooms on the main level and 2 bedrooms on the 3rd level. The eat-in kitchen, living room, dining room and family/den/office are also on the 2nd level, along with a stackable washer and dryer and a small deck off the kitchen. The kitchen has 42" cabinets and corian countertops and there are beautiful hardwood floors throughout the main floor residence. Other featuress are the radiator heat throughout with a boiler system, a 1.5 car attached garage and a fenced in yard. Close to schools, restaurants, shops, parks, schools and more. Property is being sold AS-IS. 1st Floor must remain commercial space or can be used as additional living space for the single family home.

Last Agent to Sell the Property

Joe Caputo

REMAX Legends License #475142873 Listed on: 02/08/2023

REMAX Legends

Last Buyer's Agent

Miriam Calderon

RE/MAX FUTURE License #471011057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1926

Lot Details

  • 3,171 Sq Ft Lot
  • Lot Dimensions are 31 x 100
  • Paved or Partially Paved Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,643 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,251

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1926
  • 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

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, Some Window Treatmnt
  • LivingArea: 1643
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Square Footage Comments: 1st Floor Store Front is approximately 529 square feet. 2nd and 3rd floor approximately 1643 square feet combined
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 319000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Radiator(s)
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 401

Lot Info

  • Lot Size Acres: 0.0728
  • Lot Dimensions: 31 X 100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 1250.9
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 15, 2023
Sold by
Katherine C Falcone Declaration Of Trust
Bought by
Sosa Jorge
Seller's Agent
Joe Caputo
REMAX Legends
Buyer's Agent
Miriam Calderon
RE/MAX FUTURE
List Price
$319,000
Sold Price
$260,000
Premium/Discount to List
-$59,000
-18.5%
Views
48
Current Estimated Value
$347,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,392
Avg. Annual Appreciation
11.94%
Original Mortgage
$247,000
Outstanding Balance
$240,235
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$107,157

Purchase Details

Closed on
Dec 10, 1996
Sold by
Falcone Katherine C
Bought by
Declaratio Falcone Katherine C and Katherine C Falcone Declaration Of Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sosa Jorge $130,000 Chicago Title
Declaratio Falcone Katherine C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Jorge $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $260,000 -18.5% $158 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $319,000 -- $194 / 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 $6,667 $28,001 $4,280 $23,721
2023 $6,414 $28,001 $4,280 $23,721
2022 $6,414 $28,001 $4,280 $23,721
2021 $1,361 $21,741 $2,853 $18,888
2020 $1,225 $21,741 $2,853 $18,888
2019 $1,088 $24,347 $2,853 $21,494
2018 $1,213 $23,593 $2,456 $21,137
2017 $1,153 $23,593 $2,456 $21,137
2016 $1,705 $23,593 $2,456 $21,137
2015 $1,965 $17,500 $2,219 $15,281
2014 $1,875 $17,500 $2,219 $15,281
2013 $3,837 $17,500 $2,219 $15,281
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11714973

Midwest Real Estate Data (MRED)

APN: 12-25-405-019-0000