7327 W Olive Ave Chicago, IL 60631
Norwood Park Neighborhood
3
Beds
2.5
Baths
1,361
Sq Ft
4,792
Sq Ft Lot
Highlights
- Ranch Style House
- Central Air
- Paved or Partially Paved Lot
- Taft High School Rated A-
- 2 Car Garage
- Senior Freeze Tax Exemptions
About This Home
As of January 2025WELCOME TO THIS CORNER RANCH IN THE DESIRABLE NEIGHBORHOOD OF NORWOOD PARK. 3 BEDROOM/2.5 BATHROOMS. 2 CAR BRICK GARAGE WITH LOTS OF STORAGE. EAT IN KITCHEN, HARDWOOD FLOORS UNDER CARPETING. BASEMENT HAS SECOND KITCHEN, LAUNDRY ROOM AND WORKROOM. CLOSE TO HARLEM BLUE LINE AND MANY AMENITIES-- ESTATE SALE: SOLD-AS IS. THIS REHAB HOUSE NEEDS UPDATES AND TLC. THIS IS YOUR CHANCE TO BRING YOUR OWN IDEAS. SHORT SALE
Last Agent to Sell the Property
Century 21 Circle License #475173367 Listed on: 01/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,027
Year Built
- Built in 1957
Lot Details
- Lot Dimensions are 37x125
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- 1,361 Sq Ft Home
- Ranch Style House
- Brick Exterior Construction
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Freeze Tax Exemptions
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
40 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: 11935727
APN: 12-01-412-032-0000
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 5705 N Oketo Ave
- 5651 N Osceola Ave
- 5471 N Octavia Ave
- 7227 W Higgins Ave Unit 404
- 5805 N Harlem Ave
- 7113 W Talcott Ave
- 5836 N Oconto Ave
- 5843 N Oconto Ave
- 7268 W Thorndale Ave Unit 8A
- 7558 W Bryn Mawr Ave
- 5960 N Odell Ave Unit 1C
- 5975 N Odell Ave Unit 4F
- 5933 N Harlem Ave
- 6959 W Higgins Ave Unit 3S
- 7311 W Berwyn Ave
- 5706 N New Hampshire Ave
- 7025 W Berwyn Ave
- 6826 W Hobart Ave
- 5320 N Oriole Ave
- 6067 N Oconto Ave