7327 W Olive Ave Chicago, IL 60631
Norwood Park Neighborhood
3
Beds
2.5
Baths
2,200
Sq Ft
4,792
Sq Ft Lot
Highlights
- Ranch Style House
- Living Room
- Central Air
- Taft High School Rated A-
- Laundry Room
- Dining Room
About This Home
As of January 2025WELCOME TO THIS CORNER BRICK RANCH IN THE DESIRABLE NEIGHBORHOOD OF NORWOOD PARK 5 BEDROOM/2.5 BATHROOMS 2 CAR BRICK GARAGE WITH LOTS OF STORAGE AND AN ENCLOSED BACKYARD. OPEN CONCEPT EAT-IN KITCHEN WITH GLOSSY 42IN CABINETS AND QUARTZ COUNTERTOPS, HARDWOOD FLOORS, AND DESIGNER-STYLE BATHROOMS. THE BASEMENT OFFERS 2 MORE ROOMS AND HAS A WET BAR, LAUNDRY ROOM, AND A STORAGE ROOM CLOSE TO HARLEM BLUE LINE AND MANY AMENITIES. THE HOME OFFERS A NEW ROOF, WATER HEATER, FURNACE/AC, AND STAINLESS STEEL APPLIANCES WILL BE DELIVERED. THE SELLER IS OFFERING A 5-YEAR HOME WARRANTY SO YOU WON'T HAVE TO WORRY ABOUT ANYTHING!
Last Agent to Sell the Property
AAA Real Estate License #475193711 Listed on: 11/22/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475133144
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,372
Year Built
- Built in 1957 | Remodeled in 2024
Lot Details
- Lot Dimensions are 37x125
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 2,200 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 5 Potential Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Jan 14, 2025
Sold by
Shootingstaroffer Llc
Bought by
Oberhardt William P and Oberhardt Donna J
Seller's Agent
Bilal Hussain
AAA Real Estate
Buyer's Agent
Jennifer Teadt-Long
@properties Christie's International Real Estate
List Price
$559,000
Sold Price
$530,000
Premium/Discount to List
-$29,000
-5.19%
Views
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,641
Avg. Annual Appreciation
-4.34%
Purchase Details
Listed on
Jan 16, 2024
Closed on
Aug 1, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Shootingstaroffer Llc
Seller's Agent
Bernadette Archibald
Century 21 Circle
Buyer's Agent
Bilal Hussain
AAA Real Estate
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Views
137
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
177.16%
Original Mortgage
$384,800
Interest Rate
6.86%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 27, 2001
Sold by
Urkovich Grace
Bought by
Pilarski Jacqueline M
Purchase Details
Closed on
Jan 11, 1996
Sold by
Cole Taylor Bank
Bought by
Orkovich Grace
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | Old Republic Title | |
| Warranty Deed | $530,000 | Old Republic Title | |
| Deed | $335,000 | Chicago Title | |
| Deed | $279,000 | -- | |
| Trustee Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $384,800 | Construction | |
| Previous Owner | $412,800 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $530,000 | -5.2% | $241 / Sq Ft |
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $559,000 | +66.9% | $254 / Sq Ft |
| 08/05/2024 08/05/24 | Sold | $335,000 | 0.0% | $246 / Sq Ft |
| 07/05/2024 07/05/24 | Pending | -- | -- | -- |
| 07/05/2024 07/05/24 | Off Market | $335,000 | -- | -- |
| 01/26/2024 01/26/24 | Pending | -- | -- | -- |
| 01/16/2024 01/16/24 | For Sale | $350,000 | -- | $257 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,603 | $38,001 | $11,503 | $26,498 |
| 2023 | $7,372 | $42,000 | $9,202 | $32,798 |
| 2022 | $7,372 | $42,000 | $9,202 | $32,798 |
| 2021 | $1,027 | $42,000 | $9,202 | $32,798 |
| 2020 | $1,059 | $31,499 | $5,751 | $25,748 |
| 2019 | $1,056 | $34,615 | $5,751 | $28,864 |
| 2018 | $1,040 | $34,615 | $5,751 | $28,864 |
| 2017 | $1,114 | $27,632 | $5,061 | $22,571 |
| 2016 | $1,524 | $27,632 | $5,061 | $22,571 |
| 2015 | $1,465 | $29,087 | $5,061 | $24,026 |
| 2014 | $1,452 | $28,460 | $4,601 | $23,859 |
| 2013 | $1,457 | $28,460 | $4,601 | $23,859 |
Source: Public Records
Agents Affiliated with this Home
-
Bilal Hussain
B
Seller's Agent in 2025
Bilal Hussain
AAA Real Estate
(224) 616-9773
4 in this area
41 Total Sales
-
Jennifer Teadt-Long
Buyer's Agent in 2025
Jennifer Teadt-Long
@ Properties
(312) 961-9811
7 in this area
118 Total Sales
-
Bernadette Archibald
Seller's Agent in 2024
Bernadette Archibald
Century 21 Circle
(773) 851-4753
3 in this area
29 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12215609
APN: 12-01-412-032-0000
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