NOT LISTED FOR SALE

7428 N Olcott Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $441,975 - $485,000

4 Beds
1 Bath
1,393 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $400,000 $287 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,957/month

4 Days on Market

Highlights

  • Property is near park
  • Main Floor Bedroom
  • Living Room
  • Wood Flooring
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of April 2023

EDISON PARK! Beautiful brick English with 4 bedrooms. Nice layout. Modernized/cool vintage kitchen. Recent improvements: NEW roof, windows & gutters 2016. NEW bathroom 2018. NEW fence & deck 2019. NEW electrical service/panel, SS appliances & garage overhead door 2021. Dry basement (great ceiling height) is easy to finish for even more living space. A+ location with a real neighborhood feel. Ebinger Elementary & just steps to Stock School. Near transportation, shopping, restaurants, parks, Park Ridge, Niles, etc.

Last Agent to Sell the Property

Ray Mandel

Compass License #475145381 Listed on: 03/22/2023

Compass

Last Buyer's Agent

Jean Marie Downes

eXp Realty License #475197676

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,826

Year Built

  • Built in 1952 | Remodeled in 2019

Lot Details

  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,393 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Location

  • Property is near park

Schools

  • Ebinger Elementary School
  • Taft High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,826

Year Built

Built in 1952 | Remodeled in 2019

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: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1393
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1393
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2333

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ebinger Elementary School
  • High School: Taft High School
  • Middle/Junior School: Ebinger Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5825.52
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 7, 2023
Sold by
Sweeney Andrew and Sweeney Catherine
Bought by
Levy Joe and Schoenbeck Emily
Seller's Agent
Ray Mandel
Compass
Buyer's Agent
Jean Marie Downes
eXp Realty
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
43
Current Estimated Value
$467,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,994
Avg. Annual Appreciation
5.87%
Original Mortgage
$380,000
Outstanding Balance
$366,885
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$101,110

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 22, 2019
Sold by
Goy Patrick
Bought by
Sweeney Andrew and Busam Catherine
Seller's Agent
Alberto Canaveral
A&R Realty LLC
Buyer's Agent
Michael Godziszewski
Berkshire Hathaway HomeServices Starck Real Estate
List Price
$332,000
Sold Price
$323,000
Premium/Discount to List
-$9,000
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$306,850
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2016
Closed on
Sep 9, 2016
Sold by
Maciontek Steve
Bought by
Goy Patrick
Seller's Agent
Barbara Angarone
HomeSmart Connect LLC
Buyer's Agent
Alberto Canaveral
A&R Realty LLC
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$301,342
Interest Rate
3.25%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2013
Sold by
Maciontek Rosemary A
Bought by
Maciontek Rosemary A and Maciontek Steve
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levy Joe $400,000 Chicago Title
Sweeney Andrew $323,000 Chicago Title
Goy Patrick $295,000 Attorneys Title Guaranty Fun
Maciontek Rosemary A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levy Joe $380,000
Previous Owner Sweeney Andrew $306,850
Previous Owner Goy Patrick $301,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2023 04/13/23 Sold $400,000 +1.3% $287 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $395,000 +22.3% $284 / Sq Ft
03/04/2019 03/04/19 Sold $323,000 -2.7% $243 / Sq Ft View Prior Sale
01/22/2019 01/22/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $332,000 +12.5% $250 / Sq Ft
09/21/2016 09/21/16 Sold $295,000 -1.3% $219 / Sq Ft View Prior Sale
08/09/2016 08/09/16 Pending -- -- --
06/27/2016 06/27/16 Price Changed $299,000 -3.5% $221 / Sq Ft
05/31/2016 05/31/16 For Sale $310,000 -- $230 / 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
2025 $6,115 $37,000 $9,375 $27,625
2024 $6,115 $37,000 $9,375 $27,625
2023 $5,940 $32,300 $7,500 $24,800
2022 $5,940 $32,300 $7,500 $24,800
2021 $5,826 $32,300 $7,500 $24,800
2020 $5,106 $26,024 $5,062 $20,962
2019 $5,057 $28,598 $5,062 $23,536
2018 $4,970 $28,598 $5,062 $23,536
2017 $5,638 $29,564 $4,500 $25,064
2016 $5,921 $29,564 $4,500 $25,064
2015 $4,038 $29,564 $4,500 $25,064
2014 $4,003 $26,595 $3,750 $22,845
2013 $4,017 $26,595 $3,750 $22,845
Source: Public Records

Agents Affiliated with this Home

  • Ray Mandel

    Seller's Agent in 2023

    Ray Mandel

    Compass

    (312) 286-9966

    52 in this area

    186 Total Sales

    Ray Mandel
    Section Image

  • J

    Buyer's Agent in 2023

    Jean Marie Downes

    eXp Realty

    (773) 771-3550

    9 in this area

    49 Total Sales

    Jean Marie Downes
    Section Image
  • Alberto Canaveral

    Seller's Agent in 2019

    Alberto Canaveral

    A&R Realty LLC

    (312) 218-7318

    1 in this area

    80 Total Sales

    Alberto Canaveral
    Section Image
  • Rosa Salinas

    Seller Co-Listing Agent in 2019

    Rosa Salinas

    A&R Realty LLC

    (773) 443-7542

    1 in this area

    27 Total Sales

    Rosa Salinas
    Section Image
  • Michael Godziszewski

    Buyer's Agent in 2019

    Michael Godziszewski

    Berkshire Hathaway HomeServices Starck Real Estate

    (773) 954-7097

    19 Total Sales

    Michael Godziszewski
    Section Image
  • Barbara Angarone

    Seller's Agent in 2016

    Barbara Angarone

    The McDonald Group

    (773) 875-3953

    2 in this area

    17 Total Sales

    Barbara Angarone
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11727318

Midwest Real Estate Data (MRED)

APN: 09-25-410-029-0000

Illinois Cook County Chicago 60631 Edison Park

7428 N Olcott Ave, Chicago, IL

Not Listed for Sale

Detached

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