NOT LISTED FOR SALE

7526 S Merrill Ave Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $178,000 - $204,000

4 Beds
3 Baths
2,108 Sq Ft
$91/Sq Ft Est. Value

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!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2006
Sold by
Hill Roderick A
Bought by
Rice James
Current Estimated Value
$191,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Outstanding Balance
$85,965
Interest Rate
6.88%
Mortgage Type
Unknown
Estimated Equity
$105,425

Purchase Details

Closed on
Oct 1, 2004
Sold by
Waller Henry B
Bought by
Hill Roderick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2004
Sold by
Naylor Linda R and Naylor Luvert Linda R
Bought by
Waller Henry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
5.74%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Rice James $170,000 Law Title Insurance
Hill Roderick A $145,000 Multiple
Waller Henry B -- --
Waller Henry B $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice James $144,500
Previous Owner Hill Roderick A $116,000
Previous Owner Waller Henry B $90,000
Previous Owner Waller Henry B $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $2,541 $15,400 $2,344 $13,056
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

Agents Affiliated with this Home

  • LaToya Moore

    Seller's Agent in 2025

    LaToya Moore

    Baird & Warner

    (773) 543-1253

    1 in this area

    68 Total Sales

    LaToya Moore
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Map

Illinois Cook County Chicago 60649 South Shore

7526 S Merrill Ave, Chicago, IL

Not Listed for Sale

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