NOT LISTED FOR SALE

7500 N Octavia Ave Chicago, IL 60631

Edison Park Neighborhood

Estimated Value: $426,000 - $509,000

3 Beds
2 Baths
1,069 Sq Ft
$444/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2023

Last sale price $302,500 $283 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,108 / mo

5 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • Screened Porch
  • Ranch Style House
  • Corner Lot
  • Community Pool

About This Home

As of August 2023

Edison Park corner lot ranch home, 3 bed 2 bath , full walk out basement, hardwood floors ,two car garage. Great location. Newer Roof, Flood control System, Updated 100amp electric panel , fully fenced yard, Great home to add a second floor. Taxes do not reflect any exemptions.

Last Agent to Sell the Property

John Fleming

Baird & Warner License #475152289 Listed on: 06/22/2023

Co-Listed By

Curtis Castronova

Baird & Warner License #475182812

Last Buyer's Agent

Frank Oliva

Chicago Realty Investors Group,Inc License #475125413

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,733

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 35x125
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,069 Sq Ft Home
  • Ceiling Fan
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Screened Porch
  • Storage Room
  • Storm Screens
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Location

  • Property is near park

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Steam
  • Cable TV Available

Community Details

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,733

Year Built

Built in 1954

Lot Details

4,269 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1069
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: Storage, Family Room, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Fuses
  • Heating: Steam, Baseboard
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 35X125
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6733
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 11, 2023
Sold by
Bought by
Seller's Agent
John Fleming
Baird & Warner
Buyer's Agent
Frank Oliva
Chicago Realty Investors Group,Inc
List Price
$300,000
Sold Price
$302,500
Premium/Discount to List
$2,500
0.83%
Views
387
Current Estimated Value
$474,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,698
Avg. Annual Appreciation
16.77%
Original Mortgage
$242,000
Interest Rate
0.063%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$202,500 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Closed $242,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $302,500 +0.8% $283 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $300,000 -- $281 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,382 $33,001 $10,653 $22,348
2024 $6,382 $33,001 $10,653 $22,348
2023 $6,993 $30,250 $8,522 $21,728
2022 $6,993 $34,000 $8,522 $25,478
2021 $6,837 $34,000 $8,522 $25,478
2020 $6,333 $28,428 $5,752 $22,676
2019 $6,277 $31,240 $5,752 $25,488
2018 $6,171 $31,240 $5,752 $25,488
2017 $5,692 $26,440 $5,113 $21,327
2016 $5,296 $26,440 $5,113 $21,327
2015 $4,845 $26,440 $5,113 $21,327
2014 $3,989 $21,500 $4,261 $17,239
2013 $3,910 $21,500 $4,261 $17,239
Source: Public Records

Agents Affiliated with this Home

  • John Fleming

    Seller's Agent in 2023

    John Fleming

    Baird & Warner

    (773) 430-9606

    9 in this area

    91 Total Sales

    John Fleming
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    Curtis Castronova

    Baird & Warner

    (773) 250-0400

    7 in this area

    53 Total Sales

    Curtis Castronova
    Section Image

  • F

    Buyer's Agent in 2023

    Frank Oliva

    Chicago Realty Investors Group,Inc

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11814498

Midwest Real Estate Data (MRED)

APN: 09-25-405-039-0000

Illinois Cook County Chicago 60631 Edison Park

7500 N Octavia Ave, Chicago, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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