NOT LISTED FOR SALE

7322 N Octavia Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $385,000 - $527,000

2 Beds
2 Baths
1,264 Sq Ft
$350/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $390,000 $309 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,836/month

21 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Breakfast Bar
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of November 2023

Welcome to Edison Park! This 2 bedroom 2 full bath brick bungalow is waiting for a new owner to love it as much as the original owner did. This is a solid home but does need updating. There is large additional square feet of usable space on the second floor that can be finished. There is also a full basement and an additional full bath (needs work). A one car garage and additional storage in the backyard. This home has so much potential and won't last.

Last Agent to Sell the Property

Joanne Rancich

Weichert, Realtors - Homes by Presto License #475130458 Listed on: 09/20/2023

Weichert, Realtors - Homes by Presto

Last Buyer's Agent

Angie Alejandre

Properties Indeed Corp License #475183402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,832

Year Built

  • Built in 1956

Lot Details

  • 5,619 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,264 Sq Ft Home
  • 1.5-Story Property
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Sink Near Laundry
  • Gas Dryer Hookup

Unfinished Basement

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

Utilities

  • No Cooling
  • Radiator
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,832

Year Built

Built in 1956

Lot Details

5,619 Sq Ft Lot

Parking

1

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: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1264
  • Room Type: Eating Area, Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Attic: Full,Interior Stair,Unfinished
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiator(s)
  • Laundry Features: Gas Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.129
  • Lot Dimensions: 5625
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5832
  • Tax Year: 2021
  • Tax Exemptions: Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 7, 2023
Sold by
Celine M Landes Trust
Bought by
Torres Joana and Alejandre Alex O
Seller's Agent
Joanne Rancich
Weichert, Realtors - Homes by Presto
Buyer's Agent
Angie Alejandre
Properties Indeed Corp
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
347
Current Estimated Value
$441,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,847
Avg. Annual Appreciation
5.43%
Original Mortgage
$6,000
Interest Rate
7.49%

Purchase Details

Closed on
Mar 30, 2021
Sold by
Larides Celine M
Bought by
The Private Trust Company and Celine M Larides Trust

Purchase Details

Closed on
Aug 4, 1995
Sold by
Larides William A and Larides Celein M
Bought by
Larides William A and Larides Celine M
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
Torres Joana $390,000 None Listed On Document
The Private Trust Company -- Attorney
Lardies Celine M -- Attorney
Larides William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Torres Joana $6,000
Open Torres Joana $378,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $390,000 -2.5% $309 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $399,900 -- $316 / 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 $6,126 $37,001 $14,063 $22,938
2024 $6,126 $37,001 $14,063 $22,938
2023 $5,933 $35,000 $11,250 $23,750
2022 $5,933 $35,000 $11,250 $23,750
2021 $5,833 $35,000 $11,250 $23,750
2020 $5,604 $30,738 $7,593 $23,145
2019 $5,546 $33,779 $7,593 $26,186
2018 $5,451 $33,779 $7,593 $26,186
2017 $5,305 $30,721 $6,750 $23,971
2016 $5,296 $30,721 $6,750 $23,971
2015 $4,805 $30,721 $6,750 $23,971
2014 $4,168 $27,505 $5,625 $21,880
2013 $4,183 $27,505 $5,625 $21,880
Source: Public Records

Agents Affiliated with this Home

  • Joanne Rancich

    Seller's Agent in 2023

    Joanne Rancich

    Weichert, Realtors - Homes by Presto

    (630) 222-6662

    1 in this area

    75 Total Sales

    Joanne Rancich
    Section Image
  • Angie Alejandre

    Buyer's Agent in 2023

    Angie Alejandre

    Properties Indeed Corp

    (708) 244-8057

    1 in this area

    28 Total Sales

    Angie Alejandre
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11868507

Midwest Real Estate Data (MRED)

APN: 09-25-422-075-0000

Illinois Cook County Chicago 60631 Edison Park

7322 N Octavia 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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