7526 S Merrill Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $1,185/month
Total Views
201,783
4
Beds
2.5
Baths
2,108
Sq Ft
$85
Price per Sq Ft
Highlights
- Bonus Room
- Living Room
- Forced Air Heating System
- Lower Floor Utility Room
- Laundry Room
- Dining Room
About This Home
Welcome to this spacious 4 bedroom, 2.5-bathroom home located in the heart of Chicago's vibrant South Shore community-just minutes from Lake Shore Drive and the lakefront! This charming residence features a spacious floor plan, some hardwood floors, a full basement with potential to add a fifth bedroom or entertainment space, and a large backyard with room to build a two-car garage. Whether you're a first-time homebuyer or investor, this property is bursting with opportunity. Just needs a little TLC but offers major upside. Location Highlights: Less than 10 minutes from the lakefront, South Shore Cultural Center, and Rainbow Beach. Easy access to public transportation (Metra Electric & CTA) Surrounded by local dining, shopping, and community development Minutes from Jackson Park, future Obama Presidential Center, and the golf course. Quiet, tree-lined street with pride of ownership throughout the block. Home is subject to a short sale, being sold as-is-a blank canvas in a rapidly growing area with strong long-term upside. Don't miss this chance to invest in a classic South Shore gem!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,541
Year Built
- Built in 1912
Lot Details
- Lot Dimensions are 25x125
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,108 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Bonus Room
- Lower Floor Utility Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 2 Parking Spaces
- Alley Access
- Off Alley Parking
- Parking Included in Price
Utilities
- No Cooling
- Forced Air Heating System
- Radiator
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,541 | $15,400 | $2,344 | $13,056 |
| 2023 | $2,468 | $12,000 | $3,906 | $8,094 |
| 2022 | $2,468 | $12,000 | $3,906 | $8,094 |
| 2021 | $2,413 | $11,999 | $3,906 | $8,093 |
| 2020 | $3,338 | $14,984 | $2,812 | $12,172 |
| 2019 | $3,345 | $16,649 | $2,812 | $13,837 |
| 2018 | $3,289 | $16,649 | $2,812 | $13,837 |
| 2017 | $3,142 | $14,595 | $2,500 | $12,095 |
| 2016 | $2,923 | $14,595 | $2,500 | $12,095 |
| 2015 | $2,674 | $14,595 | $2,500 | $12,095 |
| 2014 | $2,621 | $14,128 | $2,187 | $11,941 |
| 2013 | $2,570 | $14,128 | $2,187 | $11,941 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $180,000 | -10.0% | $85 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $200,000 | -- | $95 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $170,000 | Law Title Insurance | |
| Warranty Deed | $145,000 | Multiple | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $144,500 | Unknown | |
| Previous Owner | $116,000 | Unknown | |
| Previous Owner | $90,000 | Unknown | |
| Previous Owner | $5,000 | Stand Alone Second |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with Dreamtown Realty in Chicago, IL and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
LaToya's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12333036
APN: 20-25-402-030-0000
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