NOT LISTED FOR SALE

7625 S Lowe Ave Chicago, IL 60620

Auburn Gresham Neighborhood
7 Beds
2 Baths
-- Sq Ft
1901 Built

Sale Details

Date Sold: June 28, 2024

Last sale price $317,000

67 Days on Market

About This Home

As of June 2024

EXCELLENT OPPORTUNITY! Be the Landlord! 2 large units with Large eat-in kitchen, dishwasher, granite countertops and natural harwood floors. Extra high ceilings, plenty of natural light, back deck and yard! Full, dry, unfinished basement with both entry/exit... Possible 3 unit! 2-car detached garage. Childrens play park just across the alley. SO MUCH OPPORTUNITY HERE! Seller creative financing available! Move-in for almost nothing! 2nd Unit Rented $1800/mo mls#11753575.

Last Agent to Sell the Property

Elizabeth Wright

Elux Real Estate Corporation License #471012669 Listed on: 04/07/2023

Last Buyer's Agent

Elizabeth Wright

Elux Real Estate Corporation License #471012669 Listed on: 04/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1901 | Remodeled in 2022

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Lot Details

  • Lot Dimensions are 30 x 125

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,217

Year Built

Built in 1901 | Remodeled in 2022

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1901
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Description: Unfinished,Exterior Access
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 30 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3217.24
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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
Apr 7, 2023
Closed on
Jun 28, 2024
Sold by
Bought by
Seller's Agent
Elizabeth Wright
Elux Real Estate Corporation
Buyer's Agent
Elizabeth Wright
Elux Real Estate Corporation
List Price
$350,000
Sold Price
$317,000
Premium/Discount to List
-$33,000
-9.43%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,258
Outstanding Balance
$304,594
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.7%
Mortgage Type
Commercial
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
$317,000 Citywide Title
-- None Available
-- None Available
$220,000 First American Title
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 $311,258
Previous Owner $176,000
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
06/28/2024 06/28/24 Sold $317,000 -9.4% --
06/14/2023 06/14/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $350,000 +10.4% --
05/06/2023 05/06/23 Off Market $317,000 -- --
04/07/2023 04/07/23 For Sale $350,000 -- --
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 $3,376 $19,000 $1,875 $17,125
2024 $3,376 $19,000 $1,875 $17,125
2023 $3,291 $16,001 $2,813 $13,188
2022 $3,291 $16,001 $2,813 $13,188
2021 $3,217 $15,999 $2,812 $13,187
2020 $3,069 $13,778 $2,812 $10,966
2019 $3,110 $15,481 $2,812 $12,669
2018 $3,058 $15,481 $2,812 $12,669
2017 $3,100 $14,402 $2,437 $11,965
2016 $2,885 $14,402 $2,437 $11,965
2015 $2,639 $14,402 $2,437 $11,965
2014 $2,370 $12,772 $2,250 $10,522
2013 $2,323 $12,772 $2,250 $10,522
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Wright

    Seller's Agent in 2024

    Elizabeth Wright

    Elux Real Estate Corporation

    (312) 847-9768

    1 in this area

    9 Total Sales

    Elizabeth Wright
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11754328

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60620 Auburn Gresham

7625 S Lowe 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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